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- W2588895987 abstract "Some of the most profitable traders I know are some of the worst traders I know. But for what they lack in getting the market right, they excel in their trade management. Their trade management is what I term active management. Always monitor the market for new information. Always be looking for signs of strength and weakness. Exit immediately on any adverse development. Exit a trade if it is not profitable within a certain amount of time. Good trades move in your favour right away. Time is a function that can kill a positive expectation. If you add to a position, you must move your stop up to the average point of entry. When in doubt, reduce the position size." @default.
- W2588895987 created "2017-02-24" @default.
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- W2588895987 date "2016-01-01" @default.
- W2588895987 modified "2023-09-23" @default.
- W2588895987 title "Trade Like a Professional" @default.
- W2588895987 doi "https://doi.org/10.1057/978-1-137-43281-0_9" @default.
- W2588895987 hasPublicationYear "2016" @default.
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