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Today we put together a trade plan on SPY with the 5 minute chart. We set up a short trade plan based on previous resistance we can see from the previous day. After setting up our targets and stops, we see that the chart just rips through our entry and stops out almost everyone. After analyzing most peoples stop loss levels, we see some people are not following the 3:1 RvR ratio. After everyone is stopped out, we see a nice wolf candle forming shortly after. After setting up the second trade we see it goes on to profit. Now our job is to just trail our winner via various methods taught (previous candle, moving average, etc). We reach full target on this one and will see how far it is willing to fall. This second trade easily wiped out our loss from the first trade.