I was driving in my car the other night with my twin daughters when the conversation somehow turned to what they wanted to do when they grow up Naturally, being only nine years old, they had many ideas

Here's an extract from a great email conversation with one of the YourTradingCoach readers, in which he discusses the use of tight stops: "I adopted this approach in the beginning, but got stopped out of the market so many times I started to widen them I've had on too many occasions the market pull back on my stops only to find that it went on to do what I thought it would

Three losses in a row are tough That’s about the most consecutive losses that novice traders are psychologically prepared to accept before they feel compelled to take action and ‘correct’ the situation

Would you like to discover a quick and simple risk management strategy that is easy to apply to any trading plan, and has the potential to vastly improve results Excellent

Despite all the hype from the internet marketers who try to sell you the latest trading ‘secrets’, the fact is there are NO secrets * Identify setups which provide the potential for lower risk and/or higher probability trades