Trade commentary 157

● Points to Win

・There is volatility in the market

It's better to have a market with clear up and down moves rather than a messy range-bound market. Sell at highs and buy at lows. Aim to sell after the price has risen and buy after it has fallen.

・Confirm strong buying candles near the zone or after breaking the zone（In case of buying）

If buying, confirm a stop in downside and for selling, a stop in upside. For example, long lower shadows like pin bars or doji candles. Especially when the counter-trend is strong, a small pause can be safer.

・Smaller stop losses

When buying, aim for a distance not too far below the lower wick of the previous candle, so the stop loss is small. Or, if the trade goes against you, you may cut it early.

For other basic rules and how to use indicators, please refer to the course. Thank you very much.