Published: March 18, 2021 | | |
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Lance Ippolito | Lance is a professional trader and a successful entrepreneur with over 10 years of experience in the financial markets. | | |
| Risk vs. Reward: How to Filter Good Trades From Bad
|  | | When a slew of tickers hit the tape, it's important to be able to separate the good orders from the bad ones.
To be clear, just because I think an order may be a good one, it doesn't mean it's going to turn into a profitable trade. And vice versa... Sometimes a bad order may surprise me and turn into a moonshot.
But considering how I look at premiums and volume — among other factors — I've developed an approach over my trading career to help balance risk and reward to boost the probability of cashing out winning plays.
Risk management is the name of the game. That's how you make money as a trader in the long run... not just by being right or wrong. Because you can be right 100 times, risk everything on your next play and lose everything in a flash.
Decipher Which Trades Have the Best Chance to Win | |
| Here's how to choose trades with a higher chance of soaring... | | | | |
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