Notes
- Caleb’s model works with these DOL targets:
- Beginners should focus on taking partial profits rather than moving the stop-loss to break even when their position is reasonably profitable.
- Michael stresses the importance of not letting emotions control the decision to hold or exit a trade. By taking partial profits, traders ensure that some risk is taken off the table.
- If a trade moves significantly in the trader’s favor, it is important to adjust the stop-loss to protect profits rather than leave it at the original level.
- The ability to adapt to market conditions and manage emotions is a key part of success in trading.
- It is important to focus on making money consistently, not on being right.
NQ - NDOG As Draw On Liquidity
NQ - Long Trade From Consequent Encroachment
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