My plan is to sit on my hands until I see the best trade setups. It’s the time between the best trade signals that I struggle with. I’m a member of this group which really helps with identifying the trends.
You don’t identify trends. You need:
- Exact rules for selecting your tracking portfolio.
- Exact rules for entering your trades at the right time.
- Exact rules for exiting your trades with a loss.
- Exact rules for exiting your trades with a profit.
- Exact rules for how much money to bet on each trade.
Do I sound like a broken record? Yes.