Reflection and commentary on the previous day (Wednesday, 11/11)

・Reflect on the movements of the previous day's front-running scenario

・The ideal form of entry at the line

Imagine the ideal form and strike when it becomes that form; otherwise do not act

・Trades should be reproducible

Focus on reproducing the same thing, not on trying to apply what you learned

The fool learns from experience, the wise man from history — by Otto von Bismarck

Only fools believe that they learn from their own experience.

Rather, I prefer to learn from others’ experiences from the start to avoid my own mistakes.

There have been many people in the past who suffered large losses or were forced out due to lack of funds.

If they had set a stop, 99% of those people would not have suffered large losses or been forced out.

That is still the case today.

When you see people incurring large losses or being forced out, the common factor is that they did not use a stop.

Small losses are the mark of a winner.

Always use a stop and keep losses small.