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How to Save Your Trading A/C From Catastrophic Loss: 2 Strikes Trading Rule 👍 Video

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How to Save Your Day Trading Account From Catastrophic Losses http://www.financial-spread-betting.com/trading/day-trading-course.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Save your trading account and protect your trading capital with the 2 strikes trading rule. This is a simple strategy you can adjust to your needs particularly for day traders. You think the market is going to breakout so you buy at a certain level - but you get stopped (Strike 1). You then find another level and try it again but again get stopped out (Strike 2). You got 2 strikes so you cannot continue trading this specific setup. The point is you need to stop and review your trading. This is particularly true for day trading particularly when trading breakouts. You can adjust it to 3 strikes if you like. If you don't stop the risk is that you get too emotionally involved in it and keep continuing have tries at getting it right and before you know it you've lost 6x! By then you might also start increasing your trade size and this won't end well. This rule can save a lot of money by stopping you from getting caught up in something that isn't working.

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