3m 50s: Lenght

SUBSCRIBE: http://investdiva.com/ Get Full Video Course: http://investdiva.com/#education Full Article: http://investdiva.com/invest-guide/?slug=4966 Follow on https://twitter.com/InvestDiva Like on https://www.facebook.com/InvestDiva From the New York Stock Exchange (NYSE), Invest Diva's Kiana Danial unravels yet another question. Have you ever been correct with your trading strategy, but got kicked out of your market position because your stop-loss level was just a tiny bit overdue? If so, today's "Q&A Friday" is for you! We have covered a solution to the frustration of premature stop losses, as well as risk management and trade size calculation techniques. Don't forget to scroll down and watch both videos! Question Here is what one of our Invest Diva graduates, Adebimpe Adenrele, writes: "Hi Kiana, First, I'd like to say what a great job you're doing!!!!! I too am a female engineer (Aerospace Engineer) and pilot. It's always great to see other women in male dominated industries with style and brains!!!!!! I have a little problem. I have enrolled in your education program and studied all your lessons twice. I usually have winning trades, but for a lot of them, I put the stop loss too close to my entry order. I usually put about 5% on every trade and try and go for at least 1: 2 risk/reward ratio. I usually have a set 40 pip stop loss or 50 pip stop loss and adjust leverage to fit into the 5% risk. I hold my positions for as long as it takes to meet the 1:2 risk reward and try not to tamper with it. It's so frustrating to be right with your analysis, and then being stopped out because the stop loss wasn't 5 or 10 pips longer. Please help. Adebi." Answer In all forms of long-term and short-term trading, deciding the appropriate time to exit a position is just as important as determining the best time to enter into your position. Entering a position is less emotional than exiting it, and at the end of the day, its your exit strategy that determines your total profit.... Subscribe: http://investdiva.com/ Buy Trading Education Book by McGraw-Hill: http://investdiva.com/#about On Amazon: http://amzn.to/1JwhwDp