1. B: Big picture: Near the top or near the bottom.
2. S: Stength of Move: Gaps or Big candles
3. P: Profit Margin: Profit Margin of at least 2 to 1
4. T:Time: Very short, very few candles.
5. R: Retracement: 1st retracement or at most 2nd retracement
1. Separate reality (demand and supply)from the illusion (conventional technical analysis, news, announcements, earnings, upgrades and downgrades)
2. Look for the lowest risk, highest reward and highest probability opporatunities, be different and have an edge over my competition.
3.Focus myself as the opponent, never keep growing and improving.Failure is really a learning experience and a key lesson that helps me succeed towards my goal, Failure happens for me.
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