July 09 | So you made money in the market. Now what?

Daily Trader Talk Newsletter
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Hey Trader,

If you've started seeing a return on your trading endeavors, you're probably wondering what you're supposed to be doing with your profits.

In this video, Josh discusses his account management strategy that has helped him grow his profits and improve his trading strategy.

While you may be tempted to cash out your account immediately after a winning trade, Josh explains the best approach to managing your profits.

Watch the video to learn more.

THE NEWS DESK

This new Tesla rollout is bringing an upside to its suppliers

JPMorgan says investors should pay attention to what Tesla just accomplished

The S&P 500 hits another record as bonds hold steady

Investors seem bullish now that bond yields have settled down for now

This digital currency based on a hit TV show is getting all the attention

We live in a strange world, and this new digital currency proves it

Critical:

The Chicago Merc Opens a Back Door to Lucrative "Millionaire's Market"

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WORDS TO TRADE BY

"If you don't study any companies, you have the same success buying stocks as you do in a poker game if you bet without looking at your cards."

Peter Lynch

You wouldn't buy a car without looking at it and giving it a test drive, would you? Then why make a trade without knowing anything about the position you're entering?

You don't have to understand all the complicated charts and buzzwords that the talking heads toss around, but you do need to conduct your own research when looking at a potential trade.

Learn to use trend lines to find out if a bearish or bullish trend is developing. Figure out what people are saying about the particular stock, future, or option you're interested in. A little knowledge goes a long way when it comes to growing your wealth.

This is your hard-earned money. Don't treat it like a stack of poker chips at the blackjack table. Develop a strategy and learn everything you can before jumping into a trade!


Keep Trading,

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Hypothetical or Simulated Results

Our educational products rely upon hypothetical or simulated performance results. These results have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.

There is a very high degree of risk involved in trading. For our full disclaimer, visit: http://tradersagency.com/risk-disclaimers

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