Did You Know? Good risk management reduces stress and improves results. Little wins > big revenge trades.
ATR (Average True Range)
What it is: A widely used technical indicator. We focus on practical interpretation over raw math.
How it’s calculated: Simplified overview to build intuition.
Usage: Combine with structure (S/R), trend context, and risk management for signals and filters.
Pros: Clear visual cues. Cons: Lag & false signals in ranges — control risk.
Pro Tip: Keep risk per trade small and steady; compounding happens over many trades.
Common Mistake: Ignoring event risk — spreads can widen and slippage can happen during major news.