
MOST TRADERS OPEN A CHART AND IMMEDIATELY LOOK FOR AN ENTRY The ones who actually make money do this first Step 1: Higher timeframe → Daily or Weekly. Get the big picture. Step 2: Support & Resistance → Two levels above. Two below. Step 3: Trend & Direction → What direction is the market going? Step 4: Shapes & Formations → Any patterns near current price? Step 5: Indicators → One or two max. More is confusion. Step 6: Read the story → Who is in control? Bulls or bears? Step 7: Form an opinion → Rate your conviction. 3/5 bullish? 5/5? Step 8: Risk management → Does R:R meet your plan? If not, skip. Step 9: Timing → Entry available now or set alert and wait? Step 10: Trust the process → Respect the time you put in. Ten steps before touching a position Most traders skip to step 9 That’s why they lose...
