Home > Work > Secrets On Reversal Trading: Master Reversal Techniques In Less Than 3 days
1 " patterns not present on any key levels are often false signals which may cause disasters. "
― Frank Miller , Secrets On Reversal Trading: Master Reversal Techniques In Less Than 3 days
2 " trading on key support/ resistance as a MUST. "
3 " Just one violation may cost you not only money but a lot of time to rebuild what you had in the past. "
4 " the re-building process may not be as comfortable as before. "
5 " I never enter any trade without correction "
6 " With a 1:3 ratio, for example, after you win 1 trade, it will take at least 4 losing trades to make you lose overall. "
7 " I never trade any pattern unless it is present in support/ resistance areas. "
8 " It may either bounce back after touching the level or breaking it and turning the resistance into a support level. "
9 " When the price is about to touch a level, you should watch out for any potential candlestick pattern or chart pattern, because these patterns are offering higher chances of winning than ones not presented on any key levels. "
10 " Furthermore, trading with support/ resistance helps us to be patient. "
11 " In fact, there are unlimited opportunities in the market, and missing out on one or two opportunities should not be treated as a bad thing. "
12 " Your mission as a trader is to filter only the very best trade setups, which is what successful traders often do. "
13 " Trading In The Zone – Master the Market With Confidence, Discipline and a Winning Attitude” by Mark Douglas, you would agree with me that the market is just unpredictable. "
14 " how you remain disciplined and objective in the market that matters most. Strict compliance with rules would help to free you from unexpected pains resulting from losses. "
15 " Correct thoughts will generate correct courses of action, which leads to favorable results. Wrong thoughts will lead to wrong courses of action, which brings about bad results. "