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June 02, 2024 | New Post Dear TheoTrader, There’s not a lot in the way of great advice out ther

June 02, 2024 | [Read Online]( New Post Dear TheoTrader, There’s not a lot in the way of great advice out there. Don’t spit into the wind, don’t tug on Superman’s cape, don’t touch the third rail, etc. One is: All investing and trading carries risk. It’s possible, sometimes even likely, you’ll lose. That’s why smart traders manage risk. That can take a lot of forms, whether it’s position sizing or hedging with options, sticking with rules - there are dozens of ways smart traders step up to the plate well-protected.   Don’s approach is… “Don’t risk more than a hundred bucks on a trade and don’t stay in it a second longer than you need to.” That’s risk management made simple, and it’s tough to argue against it. It’s been working great for Don and his readers so far. Since he developed his “IN/OUT” trading method, he’s put on eight of these trades - $800 at stake. And he’s closed all eight out for a profit. Double-digits in each case. His most recent, on the TLT Treasury bond ETF, was closed for a 50% win. He’s already working on the next trade - it could be ready as soon as this coming week which, by my watch, starts tomorrow. More wins are far from guaranteed, but at this point we’re rooting for him. [You can go right here to learn how to get his very next IN/OUT alert.]( Enjoy the rest of your weekend. Greg Madison Editorial Director, TheoTrade Update your email preferences or unsubscribe [here]( © 2024 TheoTrade PO Box 24790 Christiansted, Virgin Islands 00824, United States of America [[beehiiv logo]Powered by beehiiv](

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