Most of us know and accept the fact that " MARKET IS ALWAYS RIGHT"
The reason behind the rightness is because
A) Retail investor cannot change the direction of the market as it is always be in the operator or promoter or huge investor. Hence we accept their high value force of the direction.
B) Even, if our convection about entry point is right, the market will hit the SL and changes its structure or give as false low. If we know the adaptability, acceptance by managing the risk and position sizing. We do not need to worry about one trade or some group of trades, as our real profitability comes from total trades and not on some group or single trade.
Reason for long
a) pole and flag set up
b) QQE long
c) bear volume is low
d) SL compulsory
The reason behind the rightness is because
A) Retail investor cannot change the direction of the market as it is always be in the operator or promoter or huge investor. Hence we accept their high value force of the direction.
B) Even, if our convection about entry point is right, the market will hit the SL and changes its structure or give as false low. If we know the adaptability, acceptance by managing the risk and position sizing. We do not need to worry about one trade or some group of trades, as our real profitability comes from total trades and not on some group or single trade.
Reason for long
a) pole and flag set up
b) QQE long
c) bear volume is low
d) SL compulsory