Hi. Newbie question here. I just want to know what candles and price action to look out for when expecting either a pullback or a reversal.
Hi, did you finish education section? Regards Greg
I really never worry about it. Most trends have several pull-backs: not all trends have even one reversal. The key is to ensure that your stop-loss is well out of the trend, so you know it won’t be hit by just an extension of the pull-back. Also that your risk is a tiny percentage of your total account capital.
Hi! Yes, I’ve already finished the education section.
Thank you for the insight!
I’ll chose the first one.