: Shannon's "job number one" is managing risk. He advocates for always using stop-loss orders and focusing on high-probability setups.
: This is the trending phase where prices move decisively higher. The most profitable trades occur when traders identify this stage on longer timeframes and then find entry points on shorter timeframes. : Shannon's "job number one" is managing risk
By waiting for the micro-timeframe to align with the macro-timeframe, you unlock two massive advantages: you unlock two massive advantages: