Trader Tip of the Day: Waiting for Confirmation

Many times we enter a trade with a high degree of certainty that the stock will move in our chosen direction. All of our indicators can be screaming to buy or sell at a particular moment in time; however, there is no certainty that these indicators will function as intended. In order to combat this, start by entering a trade with a small percentage of your maximum size and wait for a move in your direction to confirm that....