In this Education posit I want to share with you how to pic best places on a chart. Where to open entries with potential profit in 5...10 times bigger than a risk.
I recommend to use Historical levels or Breakpoint of the trend:
- Most of the retail traders set stop Losses below or above such key levels.
- Stop Losses of retail traders is a Fuel for Big...
Brett Steenbarger “Routine is necessary for efficiency; breaking routine is necessary for adaptation.”
Trading/Investing books that I highly recommend. Some of them are listed below;
1. Brett Steenbarger's books
2 . Van Tharp's books
3. Pit bull
4. Millionaire Traders
5. Think and Grow rich
6. Trade mindfully