One of the most important skills a day trader and swing trader must have is the ability to protect your profits. Sure, you first need to get profits in the first place to protect, but an often times overlooked skill is protection of the profits once you have them. Have you ever been there before? You make a few good trades online, make some money, and then POOF! they’re gone? I can only speak for myself, but when I was a beginner trader and just getting started this happened to me way more times than I would like to admit. While you definitely need to learn how to trade online to make money, the other big piece of the trader puzzle is knowing how to protect your profits. Let me walk you through a “how to” video on how I protect my profits with a step-by-step approach.