Don’t trade with a blindfold, trade with a plan! Managing risk equals having a plan, and there are 3 important points to keep in mind before entering a trade. Develop a plan, Stick to your plan, and Adjust your plan if the trade is profitable.
Peter O'Daniel
Broker Tip: Peter O’Daniel – Managing Risk
Don’t trade with a blindfold, trade with a plan! Managing risk equals having a plan, and there are 3 important points to keep in mind before entering a trade. Develop a plan, Stick to your plan, and Adjust your plan if the trade is profitable.
Get to Know: Peter O’Daniel
In our “Get to Know Your Broker” article series, Peter O’Daniel discusses his background, favorite strategies, hobbies and more!
Leveraging dt Pro with TAS Indicators
Learn more about the tools that will make you feel more comfortable and more confident about your trading decisions!