The second move trading strategy provides more reliable entry points by waiting for confirmation after an initial trend breakout. Rather than chasing the first price movement, traders can capitalize on pullbacks that test support or resistance levels while maintaining the prevailing trend direction. This approach offers better risk-reward ratios through careful analysis of technical indicators,

To take profits effectively, you’ll need a well-structured trading plan with clear exit strategies. Set specific profit targets between 20-25% at key support and resistance levels, and use trailing stops to protect your gains. Calculate your profits by subtracting fees from the difference between selling and purchase prices. Stay disciplined with your predetermined rules and

Trailing stops provide an automated way to protect profits while letting winning trades reach their full potential. They work by adjusting the stop-loss level upward as the stock price rises, maintaining a fixed percentage or dollar amount below the current market price. This dynamic approach removes emotional decision-making from the exit process and helps preserve

The Supertrend indicator is a good tool for traders seeking clarity in market direction. This versatile technical indicator combines price action and volatility to generate clear buy and sell signals, making it valuable for both beginners and experienced traders. While its basic function are straightforward, mastering the Supertrend’s nuances can turn an average trading strategy