Often times, the best trade is not taking one at all. Rather than expose yourself to risk, let the trades go while you formulate your plan and your trading goals.
Set and forget trading
The “sitting on your hands” strategy is best mixed with a “set and forget” approach. The set and forget approach is made up of a very short process: place trade, set stop losses, take profits, and then let the market do the rest. The sitting on your hands strategy...
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