then use for stop loss and profit target levels (Chapter 4). 4. You need to constantly analyze the balance of power between buyers and sellers and bet on the winning group (Chapter 5). 5. Before taking the trade, you need to define a trading plan and strategy for the trade (Chapter 6). 6. You need to practice excellent money and trade management (Chapter 7). 7. And you need sufficient self-discipline to follow your trading plan, to avoid getting overexcited or depressed in the markets, and to resist the temptation to make emotional decisions.
Rules for a day trader
