Map of Wingfield on Time and commitment to the markets are essential to keep the edge of this market feel as well as to allow it to expand in order to aid in your progress as a trader. Understanding your patterns and how they may relate to the macro trend in the markets allows you to pick your entry and exit points accordingly. There are days that you can feel when to enter the market and get the best intra-day price available. When you are wrong, you simply take the loss and re-evaluate what the market is telling you to do.
When you are right, you continue with your feel until the feel changes and you need to exit the position.
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This is true for both long and short positions in the market. Knowing when to enter and exit will eventually be defined upon your experience of the market and the automated process of acting on these feelings.
Map of Wingfield 2016.