The Word on Investing

Why Letting Go of Bad Trades is the Key to Achieving Trading Success


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Experienced traders know this: Sometimes trades go against you. 

 

It’s going to happen. And it’s normal.

 

But here’s the thing you need to know: You only need to get 5 or 6 trades out of 10 right to win in order to be profitable, and to have the potential to change your life financially.

 

The key to becoming profitable isn’t to have every trade go perfectly.

 

It’s to win big and lose small. 

 

And a good rule of thumb to shoot for is making a 30%+ return on a trade when it works, and only losing 8-10% at the most if the trade doesn’t work.

 

If you want to learn more about how to maximize your gains and minimize your losses, join us for the next Unlock the Stock Market Challenge, where we’ll teach you the foundations of trading in just five days.

 

Learn more at tradeway.com/challenge.

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The Word on InvestingBy TRADEway

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