Look for Low risk, High reward, and High Probability setups. – Richard Weissman
Scenario
Many traders get destroyed by fighting the trend, insisting that the market is due to reverse itself or they try to chase the market. They may try to catch short-term countermoves in hopes of making a few quick points, or they may always look to catch tops and bottoms in...
A high probability trade is a trade that has a greater chance of success than a regular trade.
So, how can you find these high probability trades?
There are a few things that you can observe to find that golden confluence of various important things such as a support level, demand zone, Fibonacci level, moving average, volume, RSI, etc. The confluence zone...