Stocks for Breakfast | Overcoming Small Profit Syndrome SPS

Trading losses. Raise your hand if they bother you...

Today' we're going to discuss an affliction that affects millions of trading accounts across the country. It's called "SPS." also known as SMALL PROFIT SYNDROME.

Symptoms of Small Profit Syndrome include tiny winners, sleepless nights and doubt that you can be a successful trader.

You'll see SPS manifest in your trading when you exit a winning trade too soon only to watch it keep going higher and higher without you.

Causes of SPS include but are not limited to: MACD, RSI, STOCHASTICS, FIBONACCI LEVELS, BOLLINGER BANDS, KELTNER CHANNELS, ABUSE OF MULTIPLE MOVING AVERAGES AND FINALLY, ELLIOT WAVE.

Enjoy today's stock trader education and get rid of SPS forever.