By combining our analysis with sound risk management techniques, we can establish trades that offer favourable investment ratios. This approach acknowledges that not all trades will be winners, but by managing our risk and trading in alignment with high-probability setups, we increase our chances of overall success.
So, let’s shift our mindset from the pursuit of that elusive spot to embracing the power of probabilities. Let’s focus on direction and the levels that provide potential opportunities for price action to react. With this approach, we can navigate the markets with greater confidence and adaptability.
Remember, trading is about managing risk, making informed decisions, and staying disciplined. It’s not about chasing after magical entry points but about recognizing patterns, understanding market dynamics, and positioning ourselves for success based on probabilities.