June 11, 2019

How To Calculate A Target Or Stop Price

It’s quite easy to manage a winning trade.  Everyone is a genius when profits are on the board.  But, part of trading is dealing with how to manage trades that are not in your favor.  This video will explain how to set profit targets as well as stop levels.

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about the author:

Mike Shorr

Since 1994, Michael has been an on-the-floor market maker, Vice-President of Interest Rate Derivatives for Knight Financial Products and Director of Education and Options Instructor at Trading Advantage. He makes the oftentimes complex world of options and trading accessible to the novice and advanced trader alike. Michael has a Bachelor of Science degree in Statistics and Finance from the University of Illinois Champaign-Urbana. He presently is Director, Trader Education at ProsperTradingAcademy.

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