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Define clear entry and exit criteria based on your analysis and risk tolerance.
Determine your position sizing strategy and maximum acceptable loss per trade.
Establish profit targets and adjust them based on market conditions.
Understanding Boom and Crash Cycles
Boom and crash cycles refer to the rapid and often unpredictable movements in asset prices, characterized by sudden increases followed by sharp declines. These cycles can occur across various financial instruments, including stocks, currencies, commodities...