Staying On Top of Your Trades

In this piece, I'd like to talk about the best way to manage a trade -- and, to keep it honest, I'll start with an example of a failed trade setup. When trades don't work out, my methodology demands that the risk is clearly defined. When a play doesn't go your way, the best course of action is taking your lumps and exiting.

CF Industries (CF) -- Daily Source: Dynamic Trader View Chart » View in New Window »

In this example -- CF Industries (CF) -- we saw a standout support decision at the $211.78-to-$214.33 area. CF initially tested and held above this zone on Feb. 15....557 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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