How To Reprice Trades

When your trading and the price goes lower sometimes you feel stuck and in despair. Instead of just waiting in hope it comes back here is a good strategy you may want to consider.

When the price comes close to your cost and you have a little hope sell half the position. If it goes higher you get out and it's not that bad. If it goes lower you rebuy what you sold and clip away at the stock all day long.

See how it's done from the video of the Mojo Day Trading show.

Keep it profitable,

ProTrader Mike