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businessNov 19, 20202:07pending

Don't buy pullbacks, buy above resistance

Trader Mindset

About this episode

When you go long, you want momentum in your favor, not against you.
 
The worse thing you can do is buy a pullback to support and try to sell at resistance.
 
This is small-minded thinking.
 
Wait for the instrument to clear resistance, then buy.
 
There is no upper boundary to the price and prices are relative.

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Don't buy pullbacks, buy above resistance

Trader Mindset

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