Most people think that Professional Traders never have losses, and that is far from the truth. Professional traders have tons of losses, they are just very small, and when they win, they win big. Kate and Amazon are prime examples. Keep reading below!
Kate, risked $.50 per 100 shares, trade failed and got stopped out, lost of $50
Amazon, risk was $5 per 100 shares, worked for $123 or $12,300 with 100 shares!
With these two trades, Kate failed and the loss was small $50, now when you make $123 points on 100 shares that is a $12,300 gain. With the two trades that is $12,250 in profit.Cut your losers fast and let your winner run!