Price is going up, are you going to sell?
Price is still moving higher – are you still thinking of selling?
Price has moved even higher. At this point, you are probably not following price. Instead, you are thinking of where the ceiling is…
Part 2 | Part 3 | Part 4 | Part 5
How often do you find yourself tied into this emotional struggle of loss versus the unpredictability of price? Using a tool such as the Atlas Line makes sense as it will tell you when and how to place trades. Most traders put a maximum limit of where they think price will climb or drop. There are so many factors influencing the market, it’s impossible to know where the limits are. Arm yourself with a plan and the right tools – find more about the DayTradeToWin educational programs, including a single lesson of the Mentorship Program, at eminieducation.com.