Frequently Asked Questions
There are generally two ways you can enter a trade, on a pullback, or breakout.
You can learn more in these posts below...
This depends on whether you're trying to capture a swing or ride a trend.
I cover in more details below...
How to know when is the best time to exit your trade?
How to set a trailing stop loss order to protect your profits and ride big trends
Being a disciplined trader comes from within. This means it starts with YOU, yourself.
If you're not a discipline person in your everyday life, it's near impossible to be a disciplined trader.
If you ask me, the first step to being a disciplined trader is to get your shit together first.
Next... go and develop a trading plan.
Write it. Print it. And stick it where you can read it daily.
Let it sink into your sub-conscious.
This post here will help...
How to become a consistently profitable trader
This is a great place to start your trading journey (and it's free)...
Stop what you're doing!
Go read this risk management guide below...
You can use 200 period moving average as a long-term trend filter.
If the price is above it, stay long.
If the price is below it, stay short.
It will keep you on the right side of the markets more often than not.
You want to set your stop loss at a location where it will invalidate your trading setup.
I explain more in this post below...
How to place a proper stop loss so you don't get stopped out unnecessarily
If you're looking to get married, you will look for a partner that meets your criteria, right? Like their character, looks, fashion sense and etc.
And it's the same for trading!
Before you start scanning for setups, you must know what you're looking for.
Whether you're trading Support & Resistance, breakouts, pullback, and etc.
You can learn more in this post below...
The complete guide to finding high probability trading setups
There's no way to tell for certain when Support/Resistance will break.
However, there are a few things I look for to give me a heads up.
You can learn more in this post below...
Now...
If you've got a question I didn't answer, just drop me an email and I'll do my best to help.
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