SPX JAN 7 2025| READ DESCRIPTION |

Here we need to understand the power of money & risk management.If it goes to 6200 from here then our RR is just 1: 1.08 .

The RR is the heart & soul of a trade. One should be discplined enought to understand this & if you are not getting minimum 1:2 & I have used the word minimum, then there is no point taking that particular trade.

You need to think what if a trade goes against me?
Always be open to both sides understanding the RR
If you are not following RR & rules then this business will eat all your wealth

You mind is actually the most powerful thing in the world.