- A trader is required to consistently repeat a high degree of near-flawless execution of a trading system.
- We had planned for the probability of a quick spike down in silver prices and had defined it a "shopping zone" for silver.
- Now, a week later, we are well-positioned with the remainder of the position, and a stop raised to break-even entry levels.
- In other words, with extensive planning and stacking of odds, we were able to identify a trade that had about a percent of risk at entry time.
For further details see:
Silver Chartbook - Creating Silver Wealth Without Fear