3 things you can do in the market daily🌞
As a trader, you're the CEO of your trading business and responsible for decisions such as;
1. Going long ( buy) : You buy low with the expectation to sell high.
2. Going Short (Sell) : You buy high and sell low
3. Doing nothing: In trading, doing nothing is doing something. So don't always think everyday you have to trade. If the market has a clear direction trade it (either long/short) but if you're not sure of the clear direction of the market, don't trade. Stay out of the water.
On a choppy day where there's no clear direction of the market, do nothing ( don't trade ).
In conclusion,
Wait for a clear direction before you jump into the market to look for quality trades.
Successful traders only trade when the odds are in their favour. Kindly like, comment and follow me for more useful contents on trading.