Swing traders who manage their risk properly fear little, because they know they are masters of minimizing losses. Losses are no big deal, unless the stock you are holding gaps down against you. Dealing with the gap down is what separates the pros from the amateurs. You must keep your cool and analyze what’s going on, what news the gap down is based upon, price action and the pivot low, along with your own risk parameters.
In this video I show you how to handle a gap down like a pro, using my own current position GoPro (GPRO).
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