FTM 431: The Basics of Swing Trading
Follow the Money: Master the Markets, Build Wealth, and Achieve Financial Freedom
Swing Trading Strategy - Stop Losses
So what is your goal? What do you want to achieve with swing trading? Why are you doing it? You've got to lay all that out ahead of time. Stop losses, we teach the importance of having one for each trade. Entry and exit rules are very, very important. Having a solid trading plan will help you stay focused. It'll help you stay disciplined. And I tell you what, it'll really make a big difference in your trading success over time if you have a trading plan.
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