one common mistake I see traders make is not realizing one very simple principle which is markets trade most often in a sequence of
meaning it is fairly rare that you have a down trending market turn right away in a up trending one
as such it is not advisable to be in all scenarios the first one to execute a trade from a time sequence period
or in short, considering this principle should result in a more prosper entry and exit point
proper execution points provide better risk management and a more psychologically supportive trade management mindset
(this might sound rudimentary but I have seen advanced traders struggle with this so lets not undervalue the importance of this principle)
(charting courtesy of TradeStation)
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