The topic of offense and defense is very important for anyone who has come into the market to be a successful trader. To make this point clear what is the offense and defense and the difference between them. Let discuss various points related to them.
Your entries are your offense and your exits are your defense. Letting a winner run is offense, cutting your losses short is your defense. Your automatic buy stop is your Offense and your automatic stop loss is your defense. Buying a monster stock is an offensive move, planning on how you will exit with your profits is your defensive move. Identifying a trend is your offensive play and creating a trading plan on how to trade it is your defensive play. Your choice on what to trade is playing offense and choosing your position size is playing defense. Your watch list is playing offense and choosing how much capital to risk on any one trade is playing defense.

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