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Home Posts give back rule

Traders Ask: Do You Ever Shut It Down for the Day After You Hit a Profit Target?

Bella06/06/2011Mike Bellafiore's (Bella's) Blogs2 Comments

Hello Mike!I have a question about when to stop trading during day trading session and go home.You’ve traded many years. Can you say what is better in your opinion and what you prefer to do in your own day trading?Setting a goal to make max $500 each day and when achieve it, switch off the monitor and go home immediately  It’s limiting … Read More

Traders Ask: Should I Have a Max Give-Back Rule?

Bella10/11/2010General Comments, Mike Bellafiore's (Bella's) Blogs, Traders Ask8 Comments

Hey Bella, How is everything? I have a question for you. I have this one problem (amongst many others) that I am having a tough time overcoming. Whenever I make a few good trades on the open and I have a nice P&L for the day I sit there the rest of the day and force trades and give back … Read More

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