Trading with no reference (SNR Breakdown)
Flexibility pays. I had no idea what the outcome of this all time high was going to be but I never trade with only a single plan. You will hear me speak of a Plan A and Plan B. Plan A is the obvious, while Plan B iis where I play devils advocate. Every trader gains intuition through experience over time. What your intuition tells you about a potential turn of events will be your Plan B. This is the logic I use behind every trade and not a single trade will be taken and not a single direction will be speculated without this logical process.