1. Volume is Crucial.
2. Only trade breakouts with an excellent volume% relative to their 60-day volume average
3. Avoid entering new positions in the first 15-mins after market open
4. Avoid holding a position into earnings
5. Do not enter a position early, wait for a pattern to setup
6. Avoid averaging down if a position goes against you. Maintain proper mental stops. If the stock moves back up, you can always reenter.
7. Pick up good entry point that reward ratio:risk ratio at least 2.5:1
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