Managing risk is a major key to your success.
In built within all my OVI strategies is a risk control process, which will transform your results.
1. Only follow the OVI direction – this will increase your probabilities
2. Only follow my risk control process – this will ensure no uncontrollable outcomes.
How does this apply to these market conditions?
Simple …
The main sentiment and vast majority of individual sentiment is bearish.
Don’t buck that!
Either find bearish setups or sit it out.
If you’re going for pre-earnings setups, control your risk with lower trade size and using options so you know what your maximum risk is with certainty.
If you’re going for post-earnings setups, make sure they’re based on breakouts.
With all setups right now, be super conservative with your P1.
That is the golden rule of rules!