After our members reviewed this cheat sheet, they discovered that a majority of their losses occurred during phase D. This is usually due to attempting to time the top or bottom of the market and aim for sniper-like entries.
However, this approach can lead to significant losses as it's tough to predict market movements accurately. Instead, it's better to avoid trading during phase D, as trying to catch reversals is a human instinct that can prove costly.
#daytrading #stockmarket #stockmarketstrategy
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