
Master Trading Fast Stocks | IPOs and Super Growth Stocks
The TraderLion Podcast
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How to Manage Risk in a Faster Phase
I'm going to be using faster sell rules that we tested in the book, also as well as selling into strength during this phase. So again, when I have profits and I see maybe a negative reversal or a parabolic move, I'm going to try to take most, if not all of my profits into strength. We dub the term boss or buy one since it's still so volatile. In terms of risking capital, I mean, I have 1% here, that's a total maximum. That's if I get caught in some kind of gap down, unexpected. And I'm really going to trying to keep my risk per trade much lower than that, typically in a 0.
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