When you decide where to place the order and where to complete the payment, reproducibility is created.

At first glance, textbooks are easy to understand.

Dow Theory.

Pullbacks.

Retracements.

Indicators.

The patterns are easy to recognize.

Therefore you start to feel like you understand them.

You can enter trades to some extent as well.

But the capital doesn't stay.

There are days when you win.

But it doesn't grow.

Why is that?

Many people learn “where to get in.”

But what you truly should be looking at is not there.

The market does not move by shapes alone.

It moves by orders,

and by settlements.

Obvious new highs.

A pullback that anyone can see.

There, orders accumulate.

And where orders accumulate,

there too, opposite settlements proliferate.

That clash becomes price movement.

To enter based on patterns means

to hold positions in the same place as many others.

Because of that,

there are times when it doesn't extend as you expect.

Because of that,

high buys at highs and sells at lows occur.

The problem is not a lack of skill.

What is unclear is “where will it end.”

After making a profit, you hesitate.

Whether to let it run.

Or to exit.

That hesitation breaks reproducibility.

No matter how much you input,

no matter how much you output,

if there is no defined end,

you won't achieve stability.

What you should decide first is,

where orders will enter,

where settlements will occur.

And,

where you yourself will enter.

Where you yourself will exit.

When you can decide that within yourself,

trading begins to stabilize.

When you decide where to place orders,

and where to settle,

reproducibility is born.