1. Boldly enter the order
Before entering the order, the trader needs to analyze, we need to anticipate all the bad to good situations that may occur next. But one thing is for sure, traders do not count on the market. There will be situations where you will certainly not be expecting, so it's best to discipline yourself and give yourself a good plan and then to order without thinking too much.
It is not possible to analize evey scenario to be prepeared for it. If you think about 2 scenarios (going down to stoplos or up to takeprofit) for sure you can think of them and set them but you are not taking fom market what it gives you. You listen to the market till buy decision and then close eyes and w8 for it to happend. I'm more flexible - i listen the market all the time im in trade. When i see that market has no strength and my trading experience is talking to me that its going to be dumped and price is few % over stoploss i sell and my loss is reduced by those few %. When i see that price is slowly going up and is closer and closer to price on which i was thinking beafore buy i hold for longer. When price is getting closer and closer to my stoploss but i see that every dump is started to be collected and pumped hard after it and i know that someone big is buying the dip than i dont sell even if price pass stoploss. I change stratedy and search for dump to buy it with this whale.
This helps you grab more from market.