I like to look at the charts of perfect trades. I do this because I want my brain to know WITHOUT A DOUBT what a perfect trade looks like so I’ll know when I’m in one and I’ll know when I’m not.
Because, if left to its own devices, my brain will lie like a lying liar who lies.
To avoid that I look at as many perfect charts as I can. Like this one of $sbgi.
Here we see SBGI breakout of a huge 4 month basing pattern. After a couple days of back and forth trading SBGI takes off and doesn’t look back for 2 weeks.
How awesome is that? Right? It’s not a trade I took, but it is the TYPE of trade I look for.
So next time you’re in a trade you’re not sure about, take a look at this chart. Is your trade doing this? SHOULD it be doing this? If it’s not, why is it still open?