Wins and Losses are familiar to us all, the pain of loss and the joy of a win. There is no confusion there.

But, when we look at losing trades, most of the times it’s not the strategy that has failed but, rather, the trader.

Uh huh… that is most likely you! However, help is on the way…. I am going to discuss ways to stop financial losses, and begin being a winner at the trades. Prior to placing orders, you have to decide where your stop loss order will be placed.

If you want to talk about position entry, it should include a comprehensive explanation of stops. Why do so many investors fail to take advantage of stop losses? It you are one of those not using them, listen up, you’ll want to know this. Stop losses can spell the difference between meager late retirement and on time comfortable retirement.

When you have a plan for placing stops, your wins will out weigh you losses, and when the losses come you will come out on top because you will still be around to trade. The traders psychology of loss taking bears looking at here.

A professional trader needs to know where the exit point in their trades are before they start trading. Having a visual of a wrong trade is key so a trader can know when to get out fast. This is a basic knowledge that all pro traders need to have.

Are you able to respond to these questions?

1.) What are the indicators for staying put, or getting out?

2.) Is there a set point that indicated to you to sell losing stocks?

3.) Is there a set point for you to break-even by moving your stop?

If the answers to these questions elude you, you are not unique. What it says though, is that you need to get some regulations set for yourself, particularly when going to short stocks. But these trading rules won’t amount to a hill of beans if they aren’t used. If you aren’t using them you need discover why it is you don’t manage your risks in a professional and non passive style.

Many investors refuse to take a loss for two basic reasons:

1. Inability to admit they are wrong.

Though not really avoidable, a loss is seen as a personal failure. This is a painful thing to admit for a large portion of traders, like it illustrates failure at life. It also takes away from their positive self image.

A trader like this experiences real pain from the loss, and would rather deny it than fess up to the fact that it is giving them the pain. Quite often it requires a total loss before he can begin to change. To quit trading is the only other alternative.

2. Their portfolio, because of its size, can take a hit that big.

Losses aren’t just on paper, they are real. The loss is what it is and the quoted price is it’s value.

These two categories of people are not looking at the trading business with clear eyes. They are looking at it with blinders on and this narrowed vision is plaguing traders everywhere. Big business, small business, large portfolio and small, the elite crowd and the common man.

If this article is making you uncomfortable or bringing up feelings of anger or powerlessness, then that’s a good sign. It means you have enough self-awareness to change.

Winning and losing traders have a different view of the pain from a loss, winners don’t take it personally. They look at the loss and see that they need to change their approach or execution not that they are personally flawed.

Separating themselves from what they are doing is what a winning trader does. Either they know it or learn that the problem is either in their approach or their skills not in their worth as a human being. Changing the pain of a loss into a motivational factor that increases their quest to be a better trader.

You choose what to do with the losses, grow from the pain or give in and quit. Using the emotions for positive growth is what is important, not the fact that you had a loss.

Stick with my proven ETF Trend Trading system and make winning a habit. Study; ask questions and monitor your position size relative to your portfolio and you will end up on the winning side more often than not.

“Proper Stops and risks” are main points in my program and reminding you constantly of that is an important part of my mentorship program. Once you have gone through my program completely and thoroughly understand it, you will still want me to tell you “Don’t move your stop” and “Be sure to take profits when my system tells you to, not earlier or later” In fact the mentorship program is probably valued higher than the course itself.

Learn how it’s very possible to make 6% per month in your investment accounts using etf trend trading! “Big A” is a recognized expert in the world of etf trend trading system & reveals etf secrets that have been kept under wraps by hedge traders for years. Get his free report & webinar today!

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