Manage trade risk with professional trader
Our featured trader this week has a plan to manage trade risk and target cash flow.
At Simpler Trading, there is nothing more valuable than supporting our people — even in volatile markets. The information, resources, and experience our traders deliver is used by traders of varying skill levels.
Our “Friday Feature” highlight of the newsletter this week showcases incredible training for traders… with a steady plan.
Wouldn’t it make sense to have as part of your trading plan a straight-forward, consistent strategy to cut through the market whirlwind?
Simpler Trading team member Allison Ostrander, Director of Risk Tolerance, has refined a unique way to tame risk while creating weekly cash flow. Her “Profit Recycling” strategy is a marquee plan that targets trades with potential.
Classic path to trading success
Before Simpler Trading, Allison loved the theater and graduated with a degree in fine arts. Then she realized the idea of being a starving artist was not appealing.
Her father was successfully trading stock options, and she decided to give the market a try. From there her experiment with a paper trading account quickly grew into a passion.
Allison took action with her money on the line.
She decided to pursue trading full-time while investing in personal coaching classes. As a result, her return on investment came with her first trade – her initial gain covered her expenses. After that, there was no looking back – yearning for the theater was replaced with money in the bank from trading.
Understanding market movement
Allison understands how at any point in time the market can twist or turn in an unforeseen direction and even seem to be all over the place at once.
Trying to determine market movement, price action, entries and exits can devolve into a confusing whirlwind of information for a trader to try to digest. And, it doesn’t boost the trading account when all that information overload negatively affects the bottom line.
At the core of Allison’s daily work is a specialized and repeatable trading system to take advantage of intraday moves without technically triggering a day trade. This is how she can double or even quadruple a smaller account in a matter of weeks… and then repeat the process.
She put together “Profit Recycling” as a course for traders who want to generate consistent income each week. This is a course with a step-by-step process for implementing a strategy with limited risk and higher profit potential that can be repeated within individualized trading plans.