The correct way to stop out of a trade

You better have two exit strategies before you place a trade. A profit target…And a stop-loss. It’s a trader’s way of looking themself in the eyes and saying, “You’re done here kiddo. Why don’t you sit this next play out?” I can’t think of any element more...

This will determine the market direction

Friday’s market didn’t start the month of May off on a happy note, but it couldn’t dampen everyone’s spirits. Excitement filled the air as parts of the nation began to ease lockdown orders and start to reopen.  While most people celebrated their renewed freedom, I...