Day Trading Defense and how to actively defend your Stop Loss like a Line Backer! Too many traders only think about taking profit but what they forget is every penny they give up in a loss is profit out of their pocket. A Defensive trader who cuts every loss fast and at his planned Stop Area can keep more profit than the overly offensive DayTrader. Day Trading is a constant give and take from the Stock Market! You need to make sure you not giving more than your taking. If you can consistently take profit, consistently cut your loss you can easily be come a consistently profitable DayTrader!
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I am not a investment professional. Please do not make investment choices off of the ideas you see in these videos without the proper knowledge and research. Day Trading can be very volatile! You need to understand the basics and the risk involved first!