Should I take a brand new setup I haven’t taken before??

The Trader's Mindchat Show

English - February 27, 2023 23:24 - 15 minutes - 14.1 MB - ★★★★★ - 2 ratings
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Previous Episode: Core Skills New Traders Need

Next Episode: The Girl Scout Cookie Trade!

Should I take a brand new setup I haven’t taken before??

Essentially there are 2 parts to consider when answering this question.

Part 1: how many of these have you seen recently and how has the market treated them?

Part 2: are you winning?

Your answers will help you determine whether or not to place the trade at all, and help you figure out sizing. Listen to the full episode for details.

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The purpose of the show is to talk with you daily, Monday through Friday, and give you tangible advice to help you with your trading. We go live daily on Instagram at 9:30am EST.

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