Trade Management 4 of 5 Mechanical Discretionary Euro Pound E-Mini Gold Crude Oil Futures

2,625 views · Published 12 November 2009 · 9:29 · Indexed 4 November 2026

Channel: Joseph James Trading With JJ · 2009 · Education

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In todays video (4 of 5) we discuss the differences between a mechanical and discretionary trade management style.

Before we go into detailslets recall where we left off

Video #1: 3 Phases of the MOVE 
•Noise, Follow-Thru, Exhaustion
Video #2: The Emotions behind Trade Management
•More Targets, Fewer Stops = long term profits     
Video #3:Basics of our Management Method 
•Quick targets, eliminate risk, position to capitalize on the big moves of the day

Dont miss the FINAL video in this seriescoming soonAdjusting Trade Management for different types of traders.

Dont forget, if you missed the first 3 videos, you can find them here:

http://www.youtube.com/watch?v=a_r5VX39pz8
http://www.youtube.com/watch?v=UxXC4Ihybm0
http://www.youtube.com/watch?v=SJO2ntzoy88

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