My entry strategy comes from my views on the market, which may not be suitable for all traders; this article only explains entry. There may be many professional traders who do not agree that entry is a more important issue. Your view on the market determines whether you choose The entry advantage is still to give up the entry advantage and focus on the exit option.
My take on the market is as follows:
1 I think that only in the case of a trend, there is a collective bias in the market, and I think that only when there is a collective bias, it is advantageous to do transactions.
2 Opponents in the market will continue to make mistakes for their opponents, and the nature of finance, even if the opponents do not create behaviors that make them make mistakes, traders themselves will make mistakes.
3. Find the exit point where the formation pattern makes the transaction go wrong. This point can be a range, and we enter the market within this range.
My first trading entry strategy: low 1 and low 2 selling points for downtrend retracement, high 1 and high 2 buying points for uptrend retracement, the above are my customized terms, you can choose the terms you are used to , This is not important, what is important is the bias chosen by the entry advantage; when you consider entering the market, you'd better consider your return on investment.
My second trading entry strategy: In a downtrend, enter the market at the failure point of the sub-level rebound to go short; in an upward trend, enter the market at the point of failure of the sub-level rebound to do long; I define it as a directional recovery entry.
The above entry points are all real cases of my entry. There is a bias here, and you have an advantage, but it does not explain what the problem is. There may be decimals here. What you see is just a specific classic graphic case. I mark this picture as me The three entry strategies enter the market at different positions, and the entry probability is basically the same. There is no best one. You can choose your own suitable trading opportunities according to your personality.
My third trading entry strategy: In the case of a trend, a boundary movement is formed near potential support and resistance, and now a narrow trading range, I think here is a strong boundary movement that continues to break through in the direction of the trend; I Name it as strong boundary prediction breakthrough entry;
Summary: In a sense, these three strategies are actually one entry strategy, but they appear in different forms at different levels, or there is a recursive relationship between them in other senses. Finally, I want to say These entry strategies are just my personal views on the market, and may not be suitable for you. You must judge whether it is in line with your personality according to your own personality. Secondly, even a 90% advantage entry strategy may not necessarily bring you long-term profits. You must start from the six aspects of the trading equation, but this entry can be used as your reference, and may provide you with a different perspective.
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