gabbe112

Psycological: Being in a Good state. Not greedy. not too large amount, Acceptence, would do it again 1000 times Chart: Knowing the first the exact exit, The Entry, They Target , great pullback atleast to 50% Defining clear conditions for entering a trade is an essential aspect of creating a solid trading plan. This helps you maintain discipline and consistency in your trading approach. Your specific conditions will depend on your trading strategy, risk tolerance, and market analysis. Here’s a general guide to help you outline conditions for entering a trade: Remember to backtest your strategy and regularly review and adapt your conditions based on evolving market conditions and your own trading experiences. Consistency and discipline are key to successful trading. ChatGPT can ma

“Wait for it” trading refers to a patient and disciplined approach where traders exercise restraint and wait for specific conditions or setups to align before entering a trade. This approach emphasizes the importance of patience in trading and avoiding impulsive decision-making. Traders who subscribe to the “wait for it” philosophy typically wait for clear and well-defined setups that meet their predetermined criteria. Key principles associated with “wait for it” trading include: While “wait for it” trading can be a prudent and disciplined approach, it’s essential to strike a balance. Overly conservative waiting may lead to missed opportunities, and it’s crucial for traders to find a balance that aligns with their risk tolerance, trading style, and market conditions.

(Showing Bearish Pinbars in an uptrend with ema crossed up)