WAVES
Go long near 2.9-3, stop loss 2.817.
If 2.817 breaks, it will have to go to near 2.5, then it will be a luxury car.
Bet on a bicycle turning into a rice car, at worst it is still a bicycle.
Understand risks
No matter how successful risk control is, it will never show up in prosperous times, because risks are hidden and invisible.
Risk - the possibility of loss - is unobservable, what can be observed is loss, and losses usually only occur when risks collide with negative events.
