Rebel Traders 93: When the S#@t Hits the Fan…

When your trading goes tits up - is it really such a big thing or are you really dooooowwwm’d having gone past the point of no return.

There comes a time in every traders life when the big brown stuff hits the rapidly rotating air pusher and things just seem like nothing can go right. It happens to every retail trader at some time during their career.

The question is, what are you going to do about it and how are you going to clean up the mess. Well, in this week’s Rebel Trader's Podcast, Sean and Phil walk through how to tackle this from a few different angles that can help you get your trading back on track...

3 Key Takeaways From This Show

  • Trade small position size - Protect your capital. Always be in a position to trade again tomorrow no matter what today brings.
  • Trade with a plan - Create your own plan. Buy ours or someone else’s - but have a plan and follow that pan to the letter.
  • Trade frequently - This one is always counter intuitive. Having multiple occurrences of trades (Assuming your strategy sets them up) means that you wont fall prey to putting all your hopes and dreams into one trade idea.

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