After many years of participating in the market, I find that the 2 most important factors in determining whether a trader can make a profit are:
- the initial bet to gauge the market's rhythm
- the way to manage funds when the direction and rhythm of the market are correctly identified.
Accurately gauging the market's rhythm, in addition to observing the charts and identifying market structure, requires being actively involved in the market to enhance accuracy.
When you feel that the market has started to break out, you should use the profits to increase your position, aiming to maximize the profit from a trade.
- the initial bet to gauge the market's rhythm
- the way to manage funds when the direction and rhythm of the market are correctly identified.
Accurately gauging the market's rhythm, in addition to observing the charts and identifying market structure, requires being actively involved in the market to enhance accuracy.
When you feel that the market has started to break out, you should use the profits to increase your position, aiming to maximize the profit from a trade.