Understanding the 3-5-7 Rule in Trading
The 3-5-7 rule in trading is a guide that helps investors manage their trades by defining specific market conditions and appropriate responses. It acts as a practical framework to minimize losses and optimize gains. This rule focuses on cutting losses quickly while allowing profitable trades to run their course. Understanding the nuances of this rule can make a significant impact on a trader’s success. Whether you're new to trading or a seasoned pro, recognizing these patterns can improve your strategy.