Plan: Create a clear plan before entering a trade, including entry and exit points, risk management strategies, and profit targets.
Manage: Manage your risk carefully by using stop-loss orders and limiting the amount of capital you risk on any one trade.
Be patient: Wait for the right opportunities to present themselves and don't rush into trades without proper...
Well well, Wall Street (DJI or US30), has defied logic! Whoever said markets are about logic? Not me. This market has surprised me in the way it obeyed 'wedge theory'. It broke out north, out of the wedge - like a bat outta hell! But now it's stalling on the 8H time frame. This has happened before and it was meaningful. I show the price action.