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Using Flag Trader To Prevent You From Overstaying Your Position

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Overstaying a position is one of the most common mistakes that traders make, and this can lead

to decreased profits, or worse, increased losses. Overstaying is the practice of holding an

investment for too long. For instance, a trader may see the end of an uptrend in a security’s price,

but believes that the downtrend is temporary. However, the downtrend may persist and if the

trader refuses to sell and overstays he will lose potential profits. Many people overstay their

positions because they trade emotionally, succumbing to greed or fear. Another example of

overstaying is when you have met your price objective already but you are still in the market

without a stop loss order.

Clearly, knowing when to sell or get out of a position is just as crucial as determining when to

get in. Timing the market accurately is something that even experienced traders find difficult to

accomplish consistently. Successful traders make use of various tools to help them time the

market more effectively. One of these tools is the Flag Trader, which is developed by Guy

Cohen, the trading innovator behind the bestselling trading book, the Bible of Options Strategies.

Flag Trader Review

Trading with the trend always provides the best returns. Guy Cohen Flag Trader is developed

using sophisticated algorithms to help you find trending stocks and flag patterns across several

time frames. Through this took, you are given the best possible head start in your trading

activities.

This trading tool will help you determine which market is about to make a move, which direction

it will be moving in, what indicators to look out for and how long to watch them, and when to

execute your trades.

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The system is not for free, but if you are not satisfied, you can ask for a refund since the product

comes with a 30-day money back guarantee. The Flag Trader system comes with 8 DVDs that

teach you how to spot and makes trades. If you join the Flag trader exclusive program, you also

get a 12-month inner circle subscription so you can get inputs from other experienced traders as

well as access to trading alerts, articles and webinars.

This program is good for both newbie and experienced traders. For

beginners, this tool can help you get a good grasp of various trading

concepts, to help you start earning a consistent profit sooner. For

experienced traders, this tool can show you a new way to increase your

success.