5 Important Trading Protection Levels
REMEMBER
No matter what stock, index, Forex or other markets you’re trading, every trader needs 5 protection levels.
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Stop loss to stop yourself from furthering losses
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Time stop loss to get you out of non-performing trades
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Adjusted stop loss to lock in profits when the market moves in your favour.
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Risk % per trade to only lose a certain amount of your portfolio
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% of Drawdown before you HALT trading – when the market is not in a favourable environment to your strategy.
Short and sweet but VERY powerful to apply to your trading.
Trade well, live free.
Timon Rossolimos
Founder, MATI Trader
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Enjoy and remember…
You won’t need to buy or order another book on chart patterns and candlesticks ever again as I will be updating it very often and will let you know.
Trade well, live free.
Timon Rossolimos
Founder, MATI Trader
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