Trendline Trading Strategy Secrets Revealed 21 Guide

Never put your stop loss exactly on the trendline.

Novice traders look at a chart and draw lines that fit their bias. If they want to buy, they find a way to draw an upward trendline. If they want to sell, they ignore the trendline altogether. This confirmation bias is the enemy of profitability. Trendline Trading Strategy Secrets Revealed 21

For day traders, the timing of the break matters more than the price. Never put your stop loss exactly on the trendline

A weekly trendline break is final. Do not fight it. If the weekly breaks, even if the daily looks bullish, any bounce to the underside of the weekly line is a selling opportunity. even if the daily looks bullish