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How To NOT Blow Up Your Trading Account! Avoiding the Big Trading Losses 😒

How To NOT Blow Up Your Trading Account! http://www.financial-spread-betting.c... PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Techniques to stop having those blowup losing days if you're a day trader. You are a day trader and you have had several winning days in a row or perhaps even a great month and then you get a horrific downday that undoes most of your gains. I've done it myself - how do we stop that? If we can eliminate just that imagine how better off you would be. Redoing. 1) Rules - have rules in place to stop this. We need to know when we are stopping and not going to trade. Say 3 losers in a row - something that triggers and alerts us that something is wrong. Then you could have a monetary stop say a percentage off the high. 2) Hard Stops - another technique is to use hard stops - just leave enough money in your trading account to cover your hard stop. It is the same with position sizing. 3) Discipline - Rehearsing in your mind and doing it consistently that if one and two happen you stop trading. Just because you break the rules once doesn't mean that its acceptable to continuing doing this. Related Videos NO LOSING DAYS SHOULDN'T BE YOUR GOAL AS A DAY TRADER! 🤛    • NO LOSING DAYS SHOULDN'T BE YOUR GOAL AS A...   How To NOT Blow Up Your Trading Account! Avoiding the Big Trading Losses 😒    • How To NOT Blow Up Your Trading Account!  ...   Strategies to Improve Profits: Reduce Worst Losing Trades 👍    • Strategies to Improve Profits: Reduce Wors...   Recovering from a Big Loss in the Markets 🙁    • Recovering from a Big Loss in the Markets 🙁   7 Reasons You Are Still Losing Money Trading! 😞    • 7 Reasons You Are Still Losing Money Tradi...   How to Survive a Trading Losing Streak? 🤔    • Видео   Bouncing from a Big Trading Loss. Stop the Damage! ✊    • Видео   Emotions and Trading: Feeling very Depressed and Disheartened? 😵😢    • Emotions and Trading: Feeling very Depress...   5 Signs You Won't Make it to Profitability 🤔    • 5 Signs You Won't Make it to Profitability 🤔   How to Save Your Trading A/C From Catastrophic Loss: 2 Strikes Trading Rule 👍    • How to Save Your Trading A/C From Catastro...   Losing Money Day Trading!? TRY THIS! 😰🤔    • Losing Money Day Trading!? TRY THIS! 😰🤔   9 Sayings and Phrases you hear from Losing Traders ☝    • 9 Sayings and Phrases you hear from Losing...   Ways Your Mind Tricks You Into Being a Losing Trader! 🙄    • Ways Your Mind Tricks You Into Being a Los...   How Society Programs Bad Traders: Losing Money, Being Wrong 😶    • How Society Programs Bad Traders: Losing M...