Sometimes the best trade is no trade.
Here’s how smart traders avoid disaster:
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1. No Clear Trend 🌫️
Choppy sideways markets = confusion = bad decisions.
Tip: Only trade when a clear trend is visible.
2. Small Candles, Big Wicks 🕯️
Indecision everywhere = high risk.
Tip: Wait for strong, decisive candles.
3. Low Volume 🔇
No volume = no power behind the move.
Tip: Volume confirms real moves — never ignore it.
4. Major News Incoming 📰
Unpredictable volatility is dangerous.
Tip: Avoid entering before big news like CPI, FOMC, etc.
5. Overextended Price 📈
If it’s already pumped hard, you’re late.
Tip: Wait for pullbacks and clear setups.
6. RSI Screaming Overbought/Oversold 🚨
Extreme RSI readings warn of potential reversals.
Tip: Always double-check indicators before jumping in.
7. Gut Feeling Something’s Off 🧠
Intuition after experience is powerful.
Tip: Trust it — better safe than sorry.
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💬 Want my FREE checklist: “Is This Setup Safe to Trade?”
Comment “CHECKLIST” and I’ll send it to you! ✉️
#TradingWisdom #TradeSmart #RiskManagement #zerocosteducation
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