{"id":1987,"date":"2012-09-17T06:30:47","date_gmt":"2012-09-17T10:30:47","guid":{"rendered":"http:\/\/www.morpheustrading.com\/blog\/?p=1987"},"modified":"2022-04-06T15:00:39","modified_gmt":"2022-04-06T19:00:39","slug":"trading-money-management-mistake","status":"publish","type":"post","link":"https:\/\/morpheustrading.com\/blog\/trading-money-management-mistake\/","title":{"rendered":"One Costly Money Management Mistake A Trader Should Never Make!"},"content":{"rendered":"<p>In this 3-minute trading strategy video, learn about a common money management mistake among both new and experienced traders.<\/p>\n<p>Have you ever changed your initial protective stop on a trade and later regretted it? You&#8217;re not alone. Here is our take on why you should never make this costly mistake, and how to avoid it. Press the &#8220;play&#8221; button to watch the video below (click the icon on bottom right of video window to view full screen for best quality):<\/p>\n<p>httpvh:\/\/youtu.be\/I__FVbLRJI8<\/p>\n<p>Becoming a consistently profitable swing trader is challenging, and every day is a learning experience. However, with discipline, patience, hard work, and a\u00a0<a title=\"Learn about our swing trading strategy\" href=\"https:\/\/www.morpheustrading.com\/best-swing-trading-strategy\" target=\"_blank\" rel=\"noopener\">trading system that works<\/a>, stock trading success is quite attainable.<\/p>\n<p>If you are serious about taking your trading to the next level of success, regardless of your current experience level, check out <a title=\"Swing Trading Success Video Course\" href=\"https:\/\/www.morpheustrading.com\/services\/swing-trade-alerts\" target=\"_blank\" rel=\"noopener\">our best swing\u00a0trading course<\/a>\u00a0and view our complimentary 40-minute trading education video on finding the best stocks and ETF buy setups (on the same page).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In this 3-minute trading strategy video, learn about a common money management mistake among both new and experienced traders. Have you ever changed your initial protective stop on a trade and later regretted it? You&#8217;re not alone. Here is our take on why you should never make this costly mistake, and how to avoid it. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[3],"tags":[],"class_list":["post-1987","post","type-post","status-publish","format-standard","hentry","category-stock-trading-strategy"],"_links":{"self":[{"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/1987","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/comments?post=1987"}],"version-history":[{"count":1,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/1987\/revisions"}],"predecessor-version":[{"id":10784,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/1987\/revisions\/10784"}],"wp:attachment":[{"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/media?parent=1987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/categories?post=1987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/tags?post=1987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}