KNOW when a Trade Position is RIGHT or WRONG!

At times, even the best of the best traders struggles with the issue.

The simple answer to the question can be quite basic such as; when a trade position is on the money then its good. Otherwise, when prices trigger a stop loss order, then obviously its not a good trade.

Although, in a defined consolidation pattern where prices that literally go in both directions is an exception to the rule. As there are no rules to be broken with a long & short position can still result in the same manner.

And timely executed trade entry / exit is what matters the most. The bottom line results defines the trade after the fact. Likewise, there are other factors to consider even when there are only two sides of the trade to choose from. Click here to continue.