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It helps a lot to use suggestions...to find logical areas of S/R as possible warning areas IMO. This combined with reading price action, and seeing capitulation buying or selling is the key IMHO. The reason it will never be easy is that it is subjective just like trading in general. |
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No, it will never be easy. And there are two more reasons why: hope and fear. Not exiting because one hopes that the trade will go farther. Exiting because one is afraid that the trade will reverse.
Until one grabs hope and fear by the neck and wrestles them to the ground, it's going to be next to impossible to develop an acceptable management system, much less implement one.