Day traders' hip-hip-for-the-weekend lounge November 26-28, page-61

The same as you do with all trades - Trade Management.

For example - develop a Trade Plan Worksheet for each potential trade and ascertain whether the risk/reward is beneficial.

This is but one example of how you can control your portfolio.

I wish you well

V

NB - this is an old one from a few years ago......

	TRADE PLAN WORKSHEET
	Name	Zoono
	ASX Code	ZNO
	Trade type	short-term
	Reason for trade	Uptrend
	Key Indicators	20 MA	$1.630
		50 MA	$1.330
		100 MA	$0.960
		200 MA	0.63
		RSI	49.17	(upward)
	Position Size	7,500
	Entry Price	$1.510
	Stop Loss	$1.227	*based on ATR ($0.283)*1		$0.283
	Initial Target	$1.700
	Risk/Reward Ratio
	Entry Price	$1.510
	Stop Loss	$1.227
	Initial Target	$1.800
	Reward	$0.290
	Risk	$0.283
	Risk/Reward Ratio	1.02
	Trade Outcome

Addendum -I suggest you should also consider how you are going to allocate your portfolio and also what are your goals (ST and LT)