Followed Strategy Library

In a downward trend, a bullish candlestick rebound typically consists of 1 or 2 candles, and will not exceed 3. Once there are more than 3 consecutive bullish candles, it indicates that the trend is likely to reverse. Similarly, in an upward trend, a bearish candlestick pullback generally consists of 1 or 2 bearish candles, and will not exceed 3 consecutive bearish candles.
Stopping loss is a basic requirement for every trader.
Strictly controlling losses is a fundamental requirement for every trader; those who do it better are more likely to succeed. When I trade, I try to keep the loss of a single trade within 1-3% of the total capital.

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