Day Trading Tips and Tricks

August 21, 2014

Erich Senft

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David G.

The Account Protection feature – being able to trade the correct number of shares by setting your entry and stop price based on the % of your account that you are willing to risk on any one trade is fantastic. Along the same lines, being able to automatically have the number of shares rounded to the nearest hundred is a bonus! No more uneven number of shares, which always increased commissions. Also, being able to set pre-defined targets that are automatically placed upon setting your entry price and stop is quick, easy, and beneficial. Finally, the ability to see the proper placement of stops (based on many options) lessens the emotion of stop placement. I used to set my stops too tight. Now I place them using the bar high / low – 5 bars back and stick to them. Trade Manager is a complete system for proper account management and stop placement. It’s the only complete system to properly manage a trade before, during, and after. If you are a serious trader you need this.

August 21, 2014

Erich Senft

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