Become A Sports Trader Podcast Episode 43 – Closing Option...

Many novice traders can struggle with what to do next when in a position of strength with a trade. In this week’s episode Matt talks about the 4 core closing options that he uses in such situations. He explains why novice traders tend to stick pre-determined profits rather than learning how to run the profits or reversing their position to leverage the strong trading position they have found themselves in. Matt explains all the dynamics of the 4 closing options how you add more money to strong position, what you should consider and how to work-out the risk management. He also talks through closing and reversing your position because you feel the market will move in the other direction.