Stock Trading Pro

The Daily Ticker: EP3 Two Steps To Getting Profitable


Listen Later

Making the big bucks in trading stocks isn't hard. It's actually easy.

The problem is keeping it.

I'm going to assume you have an edge. A method that gives you high probability trades. Always remember, the real risk in the trade is the quality of the idea.

There's a few ways we can fix this nagging (and all-too common) problem. The first and most obvious way is to lose less. Rocket science right. But here's the deal, most traders, especially those struggling are the masters of illusion.

We can instantly block out the big losers. We pretend they don't exist.

So losing less moves you closer to break even. Not bad but not the goal.

Nice, but not the solution to the real problem.

So what's the real problem? It's your winning trades. You're not making enough on your winning trades. Now that you have great discipline on the losers, you need to develop that same habit on the profitable trades. You need a system, a structured process for holding the winners.

Obviously we have one, it's called the profit maximizer.

Pete Renzulli | Stock Trading Pro

Visit our YouTube channel for training. Be sure to subscribe. https://www.youtube.com/c/StockTradingPro

Follow Me on Twitter: https://twitter.com/PeteRenzulli

Contact: [email protected]

Disclaimer: https://stocktradingpro.com/disclaimer/

...more
View all episodesView all episodes
Download on the App Store

Stock Trading ProBy Pete Renzulli

  • 5
  • 5
  • 5
  • 5
  • 5

5

2 ratings


More shows like Stock Trading Pro

View all
Swing Trading the Stock Market by Ryan Mallory

Swing Trading the Stock Market

816 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

10,264 Listeners

The TreppWire Podcast: A Commercial Real Estate Show by The TreppWire Podcast, A CRE Show

The TreppWire Podcast: A Commercial Real Estate Show

225 Listeners