One thing you’re doing that stops you out

And two tips to help you avoid it...                                                                                                                                                                      Good Morning! There’s one thing traders do that can increase their likelihood of getting stopped out of a trade... And let’s face it, getting stopped out — whether it’s for a loss or a small gain — is annoying. Taking losses and sticking to your stops is part of the game… And crucial to making it as a trader long term. But if you can cut out this one habit that can increase your chances of getting stopped out… You can put your trading on the right track. So here’s the habit you need to cut out of your trading and two tips to help you do it… How To Reduce The Chances Of Getting Stopped Out As a trader, it's crucial to consider the [timing of your entry]( and the potential risks that come with it... The problem is, most new traders see a stock spiking at the open and they jump right in. But trading right at the market open increases your chances of getting stopped out. It’s the most volatile [time of the day]( so stocks can experience wild price swings. Now, that doesn’t mean entering right at the open is bad — but you have to [accept the risks]( so you can make more informed decisions and adjust your trading strategy accordingly. If you don’t want to accept the risks and you’re sick of getting stopped out of trades, use these two tips… Wait For 9:45 a.m. Or Later I’ve written about the advantages of waiting until after 9:45 a.m. a lot lately — so I don’t think I need to give a big lesson again here... You can [read this blog post]( and [this one to learn more](. Using [this rule]( can help you avoid volatility at the market open. And it can give a stock more time to set up a pattern... If you chased the entry I laid out in my plan for GigaCloud Technology Inc. (NASDAQ: GCT) yesterday, you would’ve gotten stopped out. But if you waited until 9:45 a.m. you could’ve prevented a loss and saved a day trade. GCT chart: 1-day, 5-minute candle — courtesy of [StocksToTrade.com]( The next thing that can help you avoid getting stopped out unnecessarily is to… Look At The Stock's History You can avoid taking unnecessary trades and getting stopped out by looking at a stock's history… Look at the long-term chart — if it’s a multi-day runner, look at the multi-day intraday chart. Is the stock a former runner? Does it have the potential to spike? And if you’re looking for an entry in a [multi-day runner]( go back and see how it moved on the other days of its run… Does it spike right at the open? Or does it tend to pull back and have [dip and rips]( … Or [red to green moves]( When you’re armed with this knowledge, you can make more [calculated trading plans]( including potential entries and exits. Whether you decide to trade right at the open or not depends on your [risk tolerance](. If you’re comfortable with the possibility of getting stopped out early and your risk level, then go ahead and take a trade. But if the idea of being stopped out early doesn't align with your risk tolerance — or you [can’t afford to waste a day trade]( — you may want to reassess your entry strategy and find a better fit. [Stay in touch with what’s happening in the market and my tickers and plans here](. Have a great day everyone. See you back here tomorrow. Tim Bohen Lead Trainer, StocksToTrade   sponsored   From Sykes: “See this Before Friday” WARNING: Do not place any trades tomorrow until you see [this video](). Tim Sykes just revealed what could be a huge trading opportunity this weekend… He explains everything in [this video.]() [Click here to watch.]( sponsored   This “Loophole” Is So Powerful There’s a renegade day trader who discovered a powerful “weekend loophole” in the stock market. It allows him to place trades on Friday afternoon… And open up his laptop on Monday to potential green. He’s used this “loophole” to make $8,780, $9,177, and even $69,962 all over the weekend. And he claims with the right amount of hard work and dedication, ANYONE can learn how to use it too… [>>Click here to discover how he does it<<](   Recommended Membership Gifts   ACCESS NOW: Click to activate these complimentary membership gifts and receive daily market intel. [To The Moon Report Weekly Stock & Crypto Watchlist]( [Mark Croock Evolved Trader Daily](     [Facebook]( [Twitter]( [Instagram]( [YouTube]( [Spotify]( [Click Here to Unsubscribe]( (As an Amazon Associate, we earn from qualifying purchases.) 13809 Research Boulevard, Suite 500, Austin, TX 78750 *Please note that these kinds of trading results are not typical. Most traders lose money. It takes years of dedication, hard work, and discipline to learn how to trade, and individual results will vary. Trading is inherently risky. Before making any trades, remember to do your due diligence and never risk more than you can afford to lose. This is for informational purposes only as StocksToTrade is not registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. StocksToTrade cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. 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