Price Headley is the founder and chief analyst of BigTrends.com, which provides daily stock and options recommendations and education. Timer Digest recognized Price and BigTrends.com among the Top 10 stock market timers for 2000. Price has been widely quoted by Barron's, CNBC, The Wall Street Journal and USA Today. Price is also the author of the new book, Big Trends in Trading: Strategies to Master Major Market Moves.
Price Headley notes that psychology is 99% of the reason that stocks move. Price looks at The Psychology of Risk by Ari Kiev, and discusses some of the major points of the book.
"Cut losses short, and let profits run" is a popular Wall Street motto among traders, but most traders don't have a clear plan for accomplishing these important steps in money management.
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