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Growing your Trading Account..What to do if a trade goes BAD? (trader lessons) by quickfingersluc

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· @quickfingersluc · (edited)
$0.03
Growing your Trading Account..What to do if a trade goes BAD? (trader lessons)
<a href="http://imgur.com/t2sKppG"><img src="http://i.imgur.com/t2sKppG.jpg" title="source: imgur.com" /></a>
## Sometimes a trade goes the wrong way
No matter how good a trader you may be, once an a while you will not read the chart or situation perfectly and a trade could go against you. So what do you do? Do you sell immediately for a quick loss just as the trade is falling off a cliff? Do you add to your position to get a better price average for when it comes back up? Do you just sit on your hands and pray?
## Well ill make a short video to discuss what I do.. 
If you learn to read charts, than this will be a rare situation where your stuck in a bad trade. But it does happen and you need to handle it stress free. One thing that will always help you to keep a clear head while trading is to trade with an appropriate size.. never more than 25% of your money. But usually I'm trading with under 10% of my account. I'm very good at keeping my capital safe, but if the trade looks sooo beautiful that its almost like there just handing you money, than i would up my size to 25%. (but no higher, ever) Then you really will always keep a clear head. 
**Ok I'm just gonna discuss the rest of this subject in video..**
<iframe width="560" height="315" src="https://www.youtube.com/embed/NbCd4uhYpSY" frameborder="0" allowfullscreen></iframe>

怀
Thanks for taking the time to read my post and view my video. Please post comment or questions and i will try to get to them asap. Also if you think of trading subjects for future videos, let me know, as i will try to keep on posting these. **For years I been just quietly making money sitting alone in my office at home, so its nice to reach out and start a blog and gain a community :)**

Luc (A.K.A. Quickfingers)
šŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 32 others
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@cryptotimo ·
Do you have a new YouTube account? If so what is it? I’m trying to learn as much as I can šŸ˜‹. Thanks so much btw for all you knowledge share!
šŸ‘  
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@diezel333 ·
Hi Luc, this is a great topic. Can you repost this video???!!!
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@quickfingersluc ·
Some of these old videos linked to my older YouTube Channel that I deleted last year for security issues.. So I no longer have this video uploaded anywhere, therefore I have nothing to link too.. Sorry..
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@ek21857 ·
Please post your videos back up.  Or provide a link......email?
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@pieter ·
Really insightful, thanks a lot!
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@steemanaut ·
I have the same question about how to follow people and be notified of when they post.  Let me know if you find the answer.
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@steemanaut · (edited)
I have a question:  How do you determine when to buy after a drop?  Do you base it on a percentage move?  Do you use fib levels?  Feel free to do a vid on this.  Thanks.
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