Enter a trade -> Build a plan:
- Set your stop loss below support
- Decide when you want to take out initials
- Set take profit areas around resistance and price targets (5x, 10x, etc.)
- Track volume, check that it's increasing
- Assess market conditions (better market conditions = hold)
- Make sure you're not acting emotionally
Plan your trade, trade your plan, and let patience do the rest
- Set your stop loss below support
- Decide when you want to take out initials
- Set take profit areas around resistance and price targets (5x, 10x, etc.)
- Track volume, check that it's increasing
- Assess market conditions (better market conditions = hold)
- Make sure you're not acting emotionally
Plan your trade, trade your plan, and let patience do the rest
2 months ago