Articles tagged with AXP

Most traders are overly concerned about winning with every trade, rather than setting up clear reward-to-risk strategies that reward consistency. It's similar to the story about the tortoise and the hare. Sure, it's great to win on every trade as your trading account would obviously balloon. But, sometimes, that desire to win on every trade clouds the ability to sell stocks that simply aren't working. I've always said that you should know your target and exit plan for every trade - before you place it! I think American Express (AXP) is a stock that sets up really well right now from a reward to risk approach:...keep reading