EP 70: PENULTIMATE NOT LAST
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EP 70: PENULTIMATE NOT LAST
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The last level is noise.
This episode shows why most traders get wicked out by a few points, and how shifting stop placement from the “last” level to the penultimate, tested level dramatically increases probability and expectancy. It reframes stop placement as structural alignment rather than emotional reaction. For deeper context, see stop placement, price action, and probability alignment.
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