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Do you enter trades with an "Exit Strategy" in mind? ๐Ÿ›ก๏ธ ๐Ÿšซ

... or do you go for "Hit or Miss"? ๐ŸŽฏ โŒ

[u]A core approach to all of my trades is:[/u]

[b]Strategically placing my orders in such a way that [u]allows me Time to re-assess[/u] the likeliness of my setup following through (usually, not long after orders are hit),[/b]

allowing for Neutral Exit ๐Ÿ›ก๏ธ ๐Ÿšซ if I feel uncertainty, based on the latest price developments.

Typically, I'm looking for the "Reaction"๐Ÿ’ฅ [i](sharp bounce, weak bounce, sluggish/hesitant price progression)[/i] upon hitting my orders,
which are placed at Support/Resistance levels that I am "90% sure" won't be "Instantly broken"
[i](at least sure that price should stall there enough for me to update my decision on that trade)[/i].

This is one of many techniques I use, that allows me to rarely take losses.

No one can know 100% of the time (in advance), the next major direction the market will take.

However, one can look attentively for "Clues" ๐Ÿ’ก, at likely reaction points in the markets, to gauge a "Confidence Level" of what price may do in the short-term.

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