205: Michael Katz – Day Trading: The Questions You Want Answered
Chat With Traders
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Taking a Trade Off Too Soon?
Make a list. What are the reasons you're allowed to exit this particular set up? One might be approaching support. Another one might be, the trend is changed. Aa p r hits. It gets extended to the downsideit gets p the inverse of parabolic. All the long, panic out. That's another reason to exit. Ihave i con grade myself and say, at the end of h date, what do you give yourself at kind of grade on your exits? If you don't have that list its going to be very difficult to know what you did wrong.
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