Before entering a breakout trade, check this: 1. High volume on the breakout candle 📈 2. Candle close above key resistance 🕯️ 3. Successful retest of support 🔄
Most traders don't lose because their strategy failed—they lose because their position sizing was too large.
Quick Checklist Before Opening a Trade: 1. Never risk more than 1–2% of total capital per trade. 2. Calculate position size using entry price and Stop-Loss, NOT target profit. 3. Keep leverage low (below 5x) during high-volatility news events.
Protect your principal capital first, profit comes second. 🛡️
Common mistake: Placing stop-loss right at market noise levels.
Better approach: - Place it below key market structure / major support. - Adjust based on market volatility (ATR). - Never move your stop-loss wider after entering a trade!