22 Stock Market Trading Secrets Pdf ⭐
Price is vanity; volume is sanity. A price move without volume is a lie. Secret #6 reveals that institutional money leaves footprints. A breakout is only valid if volume is 150% above the 20-day average. If volume is low, it is a "phantom bar" designed to trap retail traders.
Never risk more than 1% of your total account on a single trade. If you have a $50,000 account, your maximum loss per trade is $500. This ensures that 20 losing trades in a row only draw down 20%—you can recover. 22 stock market trading secrets pdf
The market is a distribution of probabilities. You do not need to be right 90% of the time. If you have a 60% win rate with a 3:1 risk-reward ratio, you will be a millionaire. Stop trying to predict the future. Start managing probabilities. Price is vanity; volume is sanity
Many traders fail because they treat trading like a salary. Secret #17 defines the "High Water Mark." You may only withdraw profits that exceed your previous highest account balance by 20%. This forces compound growth. You cannot touch the principal or the first 20% of profit. A breakout is only valid if volume is