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Managing a Trade

In: Learn to Trade like a Professional

Author

Listed:
  • Sam Warner-Baker

    (Teach the World to Trade)

Abstract

In trading, we can manage as much as possible leading up to execution—the analysis, the entry point, the stop, the position size. But once we enter the market, we are at the mercy of forces beyond our control, the market can and will do what it likes. We are there to manage our positions and ourselves in a calm disciplined manner.

Suggested Citation

  • Sam Warner-Baker, 2026. "Managing a Trade," Springer Books, in: Learn to Trade like a Professional, chapter 8, pages 317-324, Springer.
    • Handle: RePEc:spr:sprchp:978-3-032-20125-6_8
    DOI: 10.1007/978-3-032-20125-6_8
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