Home > Lessons from the trading floor > $holding on to profitable trades

$holding on to profitable trades

Finding a trading opportunity is simple, easy for that matter. Earning money is the skill part of trading. It can be very common these days to get lost in a sea of famcy indicators which would most likely extend your learning curve unnecessarily because you are constantly trying new things.

Today was a day in $MS Morgan Stanley to earn enough money for the week and take an early Labor Day holiday. If order flow (buying and selling pressure) are still valid as price action consolidates; each test of a previous high or low should make a new high or low.

Simple trend lines will help you stay cool instead of booking a small profit

$MS trade

$MS trade

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