Fannie Mae-No Politics (FNMA)

[TheMotivatedTrader]

Fannie is not your ordinary play. It has massive potential for long term success but in the short term, she is very news driven. A healthy level of skepticism is needed here.

Start using those stop losses, my man. They do wonders to help with the emotional roller coaster stocks can take you on if you let them. I know most people want to sell out at the top and make all the gains they can but that is not realistic. Better to have some stops (to manage your risk when a trade goes against you) and limit orders (to lock in profits as the stock climbs) in place.

I am actually in the middle of ClayTrader's Risk vs Reward course right now that goes over how to limit risk using stop losses and other things. Some of the strategies I am learning helped me bank nearly $1700 today out of Fannie by using stop losses, scaling out at profitable levels and more.

Trading doesn't have to put your heart in your stomach. There are strategies to help you manage your losses and keep them small and help you make money when the opportunity shows up. Don't let Fannie or any stock twist you up. It's not worth your health in the long run.