Video: How a Pro Manages Open Positions
03/19/2012 12:00 pm EST
Jeff White of The Stock Bandit reviews recent trades, providing an excellent window into the thought processes and strategies of a successful trader.
Last week was a solid one for trading, as I added to my swing exposure while producing some steady cash flow via daytrades.
Inside the Bandit Hideout, we took a number of trades, so I wanted to offer a video recap of each of them. Once again, the numbers game of trading proved essential, as several stopped trades were offset by some nice winners. Diversifying trading directions, time frames, and strategies has some big advantages.
I wanted to give you a show-and-tell look at the trades I took this past week. It should give you a feel for not only how I managed my trades, but also the kinds of set-ups which have been working well of late.
For those curious about our trading style in the member area, this should give you a good indication of what a typical week looks like. Check out the trial if you’re interested in adding our ideas to your own.
Be sure to view in HD (720P) and full-screen mode for best quality in the video.
By Jeff White, full-time trader and blogger, TheStockBandit.net