Sometimes trading requires a clear strategy. First, you need to identify your current market direction clearly. Don't worry about whether your view is right or wrong for now—results take time to prove out. Second, plan your approach: how will you respond if the direction is wrong, how will you manage risk, and if the direction is correct, how will you handle the subsequent price action. Think through each step carefully and assess whether you can accept the risk involved. Finally, when your profits reach your target, will greed cause you to make mistakes in the subsequent steps.

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