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The Greatest Value In Trading

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Hey Trader,


Contrary to popular belief, trading isn't just about making money.

Sure, that's the fun part… but the real value is in the education.

In that way, trading is all about learning lessons.

And the lessons that always stuck hardest with me were the ones I learned from losing money.

See, I HATE losing money. Especially losing money trading.

But as much as I hate losing my own money trading, that's nothing compared to when my subscribers lose money following my ideas.

Of course, it happens… 

Overall, we make money, but that doesn't mean we'll never see losers.

Regardless, I try to minimize losses as much as possible.

That's why I said recently that I'm going to be more cautious calling signals that I've lost money in before.

Fool me once, am I right?

Instead, I'm more comfortable taking positions in stocks I've had success with…

Ones that seem to be lucrative no matter how many times I return to the well.

I also said that I'd be taking less trades in general and exiting them sooner for smaller profits.

Because here's another lesson I've learned: I've noticed we have a lot of traders making money in the Trade Room lately, but more from scalping than holding longer positions. They get in, and they get out quickly.

That might mean winning just 20% in 30 minutes or so, but a win is a win.

Triple-digit winners are still out there, too, as we saw last week in our JD, FSLR, BABA, and CRM trades.

But in volatile market conditions like these, the lesson is to take profits where you can.

Get in, get out, and move to the next trade.

Well done to many of you in the Trade Room doing that exact thing.

Bottom line: In these conditions, trade more conservatively if you choose to, and take profits quickly when you get them.

The bull market will return, I'm sure of it…

But until it's here to stay… Be smart.


Til next time.



Regards,

Andrew Keene

"AlphaShark.com ("AlphaShark" or "AlphaShark Trading") is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of AlphaShark are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.

IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone. Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any individual, group, or entity will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
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