Is "Price is King" the ultimate trap? 🚨No Movement = Big Profit? 🤫
Is "Price is King" the ultimate trap?
When your setup is ready on the chart but the candle shows no significant movement yet, it is wiser to enter the position immediately rather than waiting for the price to surge and then chasing the momentum—provided your risk-to-reward ratio is excellent. Entering after a major move results in a very wide stop-loss and significant losses if the trade goes against you; conversely, entering during a quiet candle allows for a very tight stop-loss and a potentially massive reward, ensuring your capital remains safe even if you are proven wrong.
Comments
Post a Comment