The best traders make millions because they know their exit. They know what a profitable trades looks like, BEFORE they place the trade.
These legendary traders know their goal. Some trade for cash flow, some trade for the next big swing. They're successful because they know exactly what they're looking for.
Traders who struggle for success can find good ideas, can find entries, but profitable exits are some mysterious Holy Grail.
If you don't what a profitable trade looks like, how will you know when you have it?
In today's episode of Stocks for Breakfast we discuss profit targets, trailing stop loss, scalping teenies, holding winners through drawdowns, and when to go for the big win.
