The entire trade, from start to finish, is just these four things—repeating in a cycle:



1. Waiting
When there’s no opportunity or signal, do only one thing: wait. This is the longest phase in trading.

2. Opening a position
When a signal appears and the conditions are met, enter decisively. This is a step in the execution system.

3. Stop loss
If you’re wrong, admit it—leave decisively. Don’t hold on, don’t gamble, and don’t rely on luck. This is a life-saving step.

4. Take profit
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