Rebel Traders 066 : What If…
When we get in to conversations with traders we are always grilled with "What If's" and "If this happened..." questions. Well, today, we roll them all up in to a big Rebel Trader cigar and smoke it while we postulate...
WHAT IS YOUR TRUE TRADING POTENTIAL?
Take our trading potential quiz and get a custom report based on your unique strengths, and discover how to successfully and consistently trade the markets — in as little as an hour.
There's an old phrase my Dad used to say to me as a kid and it's something that has stuck with me all my life…
It's one of those little truisms that can not only help you with your trading but in many areas of your life as well.
You may even have heard it…
“Plan for the worst, hope for the best and if it's better than the worst case scenario, it's a bonus…”
Well, my father could be a wee bit of a pessimist… But that doesn't make him wrong.
Here's the thing, when it comes to trading and many areas in life, most people don't plan ahead, they don't plan for when the brown stuff his the rotating blades and get caught in a bad situation.
As you may gather, a lot of the principals we bring to trading revolve around building in Risk management but even the best strategies can't account for every scenario.
So, in this week's show, we're going to break down a few “What if…” scenarios that could throw the ULTIMATE curve ball at your trading and put the proverbial wrench in the works and what you could do about it.
3 Key Takeaways From This Show
- Don't panic, any scenario can be navigated calmly and effectively
- Plan in advance for contingencies and you'll be better placed to weather storms
- Trade smart, be aware of changes and don't over leverage
Connect With The Rebel Traders
- Website: https://tradecanyon.com
- Youtube: http://tradecanyon.com/youtube
- Youtube: http://tradecanyon.com/facebook
- Twitter: https://tradecanyon.com/twitter
- LinkedIn: https://tradecanyon.com/linkedin
SUBSCRIBE TO THE PODCAST
