January 28, 2019

The Signal Is Not Over Until You Exit

Many new traders focus on what is the next NEW thing they have to concern themselves with.  What should I be trading?  Where do I get in?  Those concepts are important but hardly crucial to the success of a trader.  One of the most important parts of trading is what you do and how you respond once you have a trade on.  You have to be accountable to yourself and manage your risk properly.  In the video below, we outline how we approach risk management AFTER we are in a signal.

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about the author:

Scott Bauer

A respected market commentator seen on Bloomberg, Fox Business, CNBC and other major financial networks, Scott Bauer has 25 plus years of professional equity and index options experience at the Chicago Board Options Exchange (CBOE) and Chicago Mercantile Exchange (CME) and as a Vice-President/trader for Goldman Sachs. Scott graduated with Honors from the University of Illinois Business School and has taught classes both at his alma mater and at the CBOE.

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