How to eliminate trading losses?
lots of trading losses could be eliminated from your journal simply by staying aware of key pre-market economic events—especially those likely to trigger gaps at the open, which can result in losses exceeding your intended risk if you do not have profit or time cushion to risk event.
Markets basically move on economic confidence, clarity, and growth prospersity, and the same applies to stocks within each industry. At the core of this movement are three key factors: jobs (e.g., ISM, NFP), wages (e.g., average hourly earnings), and prices (e.g., CPI, Core PCE)
those numbers are all pre market announced. I actually tend to trade ahead of market data that will be released during the live market. I thrive on range expansive move and controllable loss.
first few to hit alert, most liquid tighest spread, least slippage, highest adr%%, best entry spot based on LoD to ATR, least extended from 50-MA based on ATR mutiple. may seem quite a bit, but it wouldn't take you more than 10 seconds if you set up your chart layout sufficiently with information you need $Hertz Global Holdings, Inc.(HTZ)$
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