Managing Butterflies: Taking 100% Profits & Stop Losses

Hey traders!

Another day, another video. In today’s Trade Review episode, I discuss taking profits on IBM in addition to managing what was a loser in MSFT. MSFT has bounced back today, but it’s still a useful explanation of support zones when you’re in a losing trade.

Check out the video below!

 

Also, next week I will be out of the office on Tuesday, so my good friend Chris Brecher is going to be making a video for all of you. He’s one of the first traders I learned butterflies from!

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