How to Avoid Losses When Day Trading the Markets
April 23, 2020
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If you have been trading or practicing day trading for any significant period of time, you will know how easy it is to lose money. Clicking the wrong button, waiting too long in a trade, or the market simply “disagrees” with your prediction – all of the above and more can happen. One of the best ways to be a successful trader is to limit losses. Avoiding loss through risk mitigation, accomplished via not trading during perceived periods of high risk, is one such technique. However, we’ve covered that before. What else can you do? Take a look at the...