Episode 81
Rebel Traders™ 081 : Hitting The Hard Reset
Rebel Traders™ Podcast - Stock Market Trading Strategies, Insights & Analysis with Sean Donahoe & Phil Newton · Trade Canyon® - Smarter Traders Live Here®
January 10, 201953m 51s
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Show Notes
There comes a time in a traders career when it's time to hit the hard reset. What I call "Clean Slate Protocol". When one of the best things you can do is close all your positions in your portfolio and either take all your profits off the table or take all the losses on the chin and start again. In this week's show, we look at what would drive a decision to do that or when you SHOULD actually consider doing that. It's a drastic move but over the last few weeks, we've seen a lot of traders do just that. So, we'll look at why traders do that and as the question of when should you consider doing the same and what are the ramifications?