Respect the stop loss!Take every trade call. This way you don’t pick only losers. So far, there has not been a losing month if you follow instructions perfectly. Take every trade.Only use 10-30% of your portfolio on any one callIf you do this, it will be very hard for you not to be profitable. Profit ratios are typically above 4 to 1. With a 4 to 1 profit ratio you only need to win a quarter of your trades to break even.If a call moves out of the buy zone, don’t reenter unless otherwise stated. If a call stops out, don’t reenter. Scalp trades are higher risk and you should use smaller position sizes.Mean reversion is in. Trend cannot continue until price action hits the 200 MA.
Either price action will trend upward to meet price, or the mean will travel down to meet price through a lateral move. This is a short term trade and leverage is recommended.
Ideal entry can be gained from a 20 period cci roll up.