110: George, @RollyTrader – Learning to Trade, Momentum Setups, and Becoming a Venture Capitalist
Chat With Traders
00:00
How to Determine Your Exit Points
A lot of people in Australia trade the really microcat names. And they award good returns, but the spread on them can be 10% alone. So it's hard to be a real risk manager when the bid and ask can stop you out. I think that's another pitfall of new traders is to go into those penny stocks. But for me, again, your average gain will dictate a lot.
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