RE: SEC S18-W6 || Mastering the Break Retest Break (BRB) Strategy
Criteria | Remark |
---|---|
Verified user | ✅ |
#steemexclusive | ✅ |
Free of Plagiarism | ✅ |
AI Article | ✅ Original (Human text!) |
#Club | club5050 |
Bot free | ✅ |
Comment/Recommendation
Your explanation of the BRB strategy is clear and highlights the essential steps of "break", "retest" and "break".
Your answer provides detailed entry criteria for the BRB strategy, including breakout confirmation, retest and second breakout confirmation. You also mention the importance of managing risk and market conditions.
You describe the exit criteria well, including stop-loss levels, take-profit levels and reversal signals.
Your detailed BRB trade example includes entry and exit points, as well as the reasons for these choices. You illustrated the concepts well with graphics.
Your answer covers risk management well by suggesting not to invest all capital at once, to use stop-losses and to average positions if necessary. You also mention the importance of diversifying investments.
In summary, your answers are very detailed and cover the fundamental aspects of the Break Retest Break (BRB) strategy well. You have clearly explained the concept, entry criteria, exit criteria and risk management.
Total| 9/10