The Success Syndicate

Insider Trading

With the creation of the /insider-trading channel, I’ve realized just how many people are learning to trade. So, tonight we’ll talk about trading strategies! 

Here are a couple that I think are important:

1) Layering out to take profit: One of my biggest challenges has been knowing when to take profit and when to hold. I tend to either sell too early and miss the majority of profit or hold too long and round trip stuff. 

Lately though, I have been layering out of positions and it works much better. Things are pumping? Sell 25% and re-assess. If it keeps running, keep taking some off the table. But always leave yourself a moonbag - unless you’re sure it’s all deadweight. 

2) Cutting your losses. Sometimes you have to cut a position at a loss to put the money to better use. This shouldn’t be done lightly though as it’s a quick way to burn through your funds. That said, don’t be afraid to cut a loser. 

What about you? What trading strategies do you use most often or find the most effective?

Founder of /success & /insider-trading. Search Marketing Director at Kraken Kratom.

Tbh I'm a noob in terms of trading but I'm learning slowly and hope I'll start making profit with it. But for now I'm just learning and trying to keep away from rushing in without knowledge