Regardless of what you chose to use, the following are items I suggest you keep track of before placing a trade, after the trade is placed and when the trade is closed: date market internals: i.e., conditions overall, S&P, Nasdaq, industry sector source of trade idea reasoning to enter trade sector alignment: is the trade you’re considering aligned with the market and sector direction technical indicators including RSI and MACD values (discussed later in this book) check for upcoming events to avoid holding through entry price stop price target price a risk to reward ratio > 2 actual entry
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