Successful Traders Trade by the ’3 to 4′ Rule

Whether trading the eMini’s, ForEx, Commodities, Metals and Oil, ETF’s, or Stocks, successful traders set up their trades by adhering to the ’3 to 4′ Rule. The Rule gives traders the confidence they need to recognize and respond quickly to the best trading opportunities offered during any given day. The power of the ’3 to 4′ Rule is certainly its simplicity in helping traders gather and organize their thoughts and intelligence on an instrument they desire to trade. Upon implementing the ’3 to 4′ Rule, they can quickly decide if the trading opportunity is supported from time-frames that may affect the outcome of their trade. Simply stated, the ’3 to 4′ Rule is an incremental assessment of the trading instrument’s ability to move in the desired direction within the following...