Encyclopedia

Managing Losses

Imported Al Brooks course pages for Managing Losses.

Lessons

Study sequence

51A
Queued 13 slides

51A - Losing Because of Mistakes
- Beginners lose because of psychology and false beliefs
51B
Queued 17 slides

51B - Losing Because of Mistakes
- Bad management
51C
Queued 16 slides

51C - Losing Because of Mistakes
- Rules to avoid big losses
51D
Queued 17 slides

51D - Losing Because of Mistakes
- Correct stop
- Scaling In creates big losses
52A
Queued 19 slides

52A - Losing When Good Trade Goes Bad
- Need rules to avoid big losses
- All trends eventually disappoint traders
52B
Queued 21 slides

52B - Losing When Good Trade Goes Bad
- If premise changes, change trading style
- Trapped traders