How to Prevent Big Trading Losses | Stocks for Breakfast

Last week was a tough week for many stock traders.
Trading losses increased as the stock market continued to deliver one false breakout after another.

Trading losses are a part of the business, but the size of your weekly losses is 100% under your control.

Day trading offers countless chances to place trades, but it's the ability to identify the right market conditions that separates the winners from the whiners.

We often discuss "building an argument" for great trades. But what do you do when the argument is weak?

What do you do when the reasons for placing a trade are few? Sounds obvious right? You don't trade.

Obvious yes, but not often followed. In today's trading lesson we explain how to spot good trades that need to be "worked" and how to get "feedback" from the stock market that keeps your losses small.

Pete