Let me give you a quick lesson in successful trading. You won't learn this in any books, websites, or seminars. My piece of advice is simple. Know who is on the other side of the trade.
You're welcome.
That's the kind of garbage you read in Elder's and Tharp's book - generic useless one line advice that's good for nothing in real time.
And knowing who is on the other side of your trade is completely useless, it may very well be a schmuck who may be blessed by randomness, what matters is what the market does when the big guys have decided what to do.