Technical Pattern Characteristics (Part 1)
Pressure is the natural enemy of correct decision-making. It is difficult to remain objective under pressure.
It is important to write your plan before the market opens. It is a decision you make in a calm and rational state. Do not change it during the market.
A simplest plan should at least include the reason for buying and three important prices: buying price, stop loss protection price, and profit target price. This is to make you rational!
