These Questions Must Be Asked and Answered With Each Trade

What are the market conditions that must be met to consider a trade?

What is the specific market activity that will initiate the trade and define the intial protective stop-loss?

What is the specific market activity that will trigger an adjustment to the protective stoploss in order to ensure a profit if the market moves in the anticipated direction?

If you don’t have a specific answer to each of these questions for each and every trade, you will have a difficult if not impossible challenge to be successful.