- Looks for repeating patterns
- If you don't know any patterns, http://thepatternsite.com/chartpatterns.html
- Don't hold losers. Get out immediately you know you've made a mistake; you don't have to wait til your stop is hit
- For scalping, you must have a target exit and a stop in place
- once you know your target price, make your stop <= distance from your entry price to your target price - IMPORTANT!
- understand the ATR indicator and how this helps determine stops and targets
- IG is much better than CMC imo.
