The one of the best ways to beat stock trading risk is to plan your exit.

Planning Your Exit

Is is very important to strip out the emotion from trading and therefore wise traders will plan their exit position long before they even open a trade. It is all too easy to get seduced by a winning trade and try and ride it all the way to the top. Conversely, people will hang on to losing trades for far too long in the hope that they will bounce back.

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