We all know why accuracy is important – we need to accurately determine where to put our SL. As simple as that.
But more important than accuracy is knowing what we are doing – am I right?
Out of the three methods above, my opinion is that only ONE holds true – the remaining two happen out of LUCK. Do note that ‘luck’ is very different compared to ‘probabilities’.
To elevate your skills further, the ‘secret’ still lies in what I published (and deleted) 2 days ago – the shaded area.
Good luck – for me, at the D, and when price is HIGH, I look for a SELL.