No one likes to take a loss, but in doing so, it gives us power as day traders! Whether you are trading stocks, crypto, futures, options or Forex, when you cut the loss quick, good things can happen. Of course this leads to annoyances along the way, but from the grand scheme of it all, cutting a loss quick keeps you in the game and allows you to build an uptrend within your account. In this situation, by cutting the loss quick it gave me the chance to be flexible and reposition myself within the trade. When you keep loses small, you won’t need to put on your super hero cape and make insane trades just to get back to breakeven. Let me show you the power of cutting a loss quick using some of my personal day trading stock results that I captured, live, on video.

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