12109 HSP Breakout

Trade Thesis
a) HSP Breakout
b) vwap breakout
c) Weekly breakout possible
d) mini pole and flag set up
e) Good risk reward ratio
f) Indicator breakout possible
f) Qtly result okay
g) SL compulsory

Trading mindset requirements
a) One bad stubborn trade is where most novice do not accept a small loss, that will lead to blowing up their account.
b) Overtrading is like Alcoholic addiction and it is called compulsive addiction trading syndrome (CATS). These are emotional guided missile traders rather than agile approach. These cats traders exhibit progressive loss of control over trading, tolerance and patience.
c) Trading is addictive because it is stimulating (Adrenaline rush) and exciting just like gambling. Hence it is necessary to be mindful, peaceful and joyful.
Chart Patterns

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