Apiary Fund Blog

How to Manage Profits and Losses

[fa icon="calendar'] Jun 20, 2019 6:02:00 AM / by Lukas MacMacKen posted in shawn lucas, trading goals, stop loss, profits

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Money management is a core ideology in the trading world. This money management comes in both the form of managing your profits correctly, and correctly managing your losses. Managing your losses can come in many forms from cutting them short to stopping trading from the day. Managing your wins can come in similar forms, such as proper take profit placement and stopping trading after certain criteria have been met. Regardless of your management method for both wins and losses, having a system in place is required for your trading to progress to the level that allows for you to live off of your trading and even to have it just as a secondary income-generating stream.

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Setting up Your Stop Losses

[fa icon="calendar'] May 23, 2019 6:00:00 AM / by Lukas MacMacKen posted in how to trade, shawn lucas, trading tips, trading goals, stop loss

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Stop losses are an integral part of trading. Even scalpers like Shawn Lucas who scalp and close trades manually before too large a loss occurs use stop losses. Using a stop loss comes in two forms, one of which you use for safety and the other you hope you don’t use and can bring agony to your trading. What are some of the most important things to remember when using and setting your stop losses?

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