In Today's Masters in Trading: Live Position management is a central pillar of our whole strategy. Whether we’re holding pure stock or a more complex options spread, I always encourage my subscribers to reach out whenever they need guidance on managing a trade. This week, I’ve seen a lot of chatter around how we we’re managing our current holdings. So I’d like to chime in with some advice that should help us as we stare down a revitalized stock market. Over the past month, a few of our trades have gone against us as they reached expiration. While it’s never our favorite scenario, it’s exactly the kind of natural ebb and flow we expect across our portfolios. These moments remind us that trading is a long game, and staying consistent in our approach is what sets us up for those bigger wins down the road. The key is always to manage our capital wisely, ensuring we stay in the game and are ready for the next opportunity. Every day presents a fresh chance to improve and win, and that’s exactly what we focus on — trading smarter. That’s why I’d like to dive deeper into our perspective on position management as we enter some new, uncharted territory in the stock market. Join me for Masters in Trading Live at 11 a.m. ET this morning to hear more on how we can manage our trades as well as these other hot topics: Remember, the creative trader wins, |
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