"Only play with big pancake and second pancake, short at resistance level, long at support level, cut losses at 10% per trade, stop trading at 15% daily loss, fixed position not overnight, if uncertain, stay in cash, when the trend comes, follow it to the end!"
Identify the right position, control your actions.
Position = Resistance/Support Levels
Actions = Stop-loss discipline + Position management + Cash discipline + Trend courage
The essence of the way is simplicity, discipline is king.
