One of the most asked questions from new traders, and those that have gone so far but seem not able to progress, is how can you move on?
IGTV’s Jeremy Naylor caught up with veteran trader and coach Casey Stubbs. Taking apart the concept of trading, Stubbs explains what he teaches and the value he sees in a fully written plan to trade successfully. He discusses the difference between creating a trading strategy and creating a strategy that makes money. Also discussed is the need for volume of trades to enable you to find the winner that will eclipse the losing trades, and how to deal with risk. The use of stop-losses is ‘critical', Stubbs says, 'to mitigate risk within a trading strategy'.
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