Goodmorning Everyone!
Before entering any trade, always ensure you have a clear invalidation point. This is essentially a price or level that signals your trade idea is no longer valid, prompting you to exit. It doesn’t matter what asset you’re trading or where you’re entering — the key question to ask yourself before you take the trade is: If I’m wrong, at what point do I exit?
In trading, what matters is not being right or wrong, but how much you gain when you're right and how little you lose when you're wrong.
