DislikedYour edge can be anything, tweezers, pins, fibs, 123’s …..setups as many as the day is long, what matters is that it gives you the cahones to enter the market.
From that point on the edge is worthless, it’s how you manage the trade. No matter what edge you place your trust, sooner or later you’ll find yourself on the wrong side of the action. It’s this time that separates the boys from their toys.
Fwiw,Ignored
good post to start a discussion.
To approach a trade in a two step process
(1. Entry, 2. Trade Management) works well
for me.
To put it another way, staying fixated on
monitoring the setup that gives the entry
green light tends to be misleading, lagging
and distracts from real-time trade management.
Any thoughts?