Five Steps that Pros follow to Make the Most of their Trades
- Do analysis take a position
- Keep a smart stop loss. Stop loss triggered ? You're out of the position. The position goes in the direction you predicted ? Move to step 3
- The market is communicating that you are right, in that case, add to the position.
- Trail the position with smart stop losses.
- Out of the position only when your stop gets you out.
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