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In this powerful webinar from the Trader's Handbook series, Richard breaks down the critical skill of position management-how top traders ride winning trades while protecting gains. Perfect for swing traders, position traders, and active investors, this session shows how to manage stocks once you're at a profit, with systems that work across different market environments.
Learn the full breakdown of selling into strength vs. selling into weakness, how to define "extension" properly, and how to manage around earnings, gap-downs, and key reversal points. Richard covers sell rules tailored for both early-stage traders building consistency and advanced traders aiming for optimal performance.
Through detailed examples like VST, MSTR, Reddit, and Tesla, you'll see exactly how to apply sell rules, trade around a core position, and hold monster winners through bases and volatility using techniques like the 21 EMA trailing, GMMA charts, and the Relative Measured Extension indicator.
πWhat You'll Learn:
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How to define sell rules based on your stage and style
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Exact strategies to sell into strength and into weakness
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Special situation management for earnings gaps and large gap-downs
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Systems for trading around a core and handling extensions
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How to protect profits and let big winners run for 200%+ moves
This is a must-watch for any trader serious about evolving beyond entry setups-and mastering the full trade lifecycle.
Enjoy!
- The TraderLion Team
Timestamps:
00:00 β What is Position Management and Riding Trends
00:53 β How Market Environments Affect Sell Rules
01:50 β Selling Into Strength vs Selling Into Weakness
02:55 β Overview: Sell Rules, Managing Trades, Key Agenda
06:10 β Defining Position Management and Reducing Emotions
09:08 β Achieving Asymmetry and Managing the Trend
10:43 β Managing by Price Action, Not News Events
11:58 β Swing vs Position Trading Mindsets
13:55 β What Stage Trader Are You and Why It Matters
16:22 β Sell Rules for Stage 1β2 Traders
19:20 β Swing Trading vs Position Trading Differences
21:58 β Advanced Sell Rules and Progressions
24:18 β Selling on Extensions and Core Positions
28:58 β Stage 3β4 Traders: Selling and Adding Back
33:18 β Adapting to the Market Environment and Trends
38:08 β Handling Gap Downs and Holding Big Winners
42:08 β Using Moving Averages and Guppy Charts to Stay in Trends
45:58 β Managing Big Winners Mentally and Emotionally
48:58 β Selling Into Strength and Identifying Extensions
54:58 β Recognizing Tops, Key Reversal Bars, and Managing Weakness
59:58 β Real Trade Examples: Tesla and Reddit
01:03:58 β Handling Large Gap Downs and Stage 4 Breakdowns
01:09:58 β Q&A: Extensions, Stops, Risk Management Tips
01:14:58 β Special Situations: Earnings, Gap Downs, and Hard Stops
01:22:58 β Final Key Steps for Position Management Success