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I can't find a good entry point!

Tuxedo888
May 24 2020 at 07:34
11 príspevkov
The strategy i trade always has predefined entry levels to average into, Pattern recognition on the charts is key for me.

Before i use an indicator.

only trade SP500


LeviSievwright5
Aug 18 2020 at 00:07
298 príspevkov
I don't know what strategy you use but I would say you use sentimental analysis. How to make a profit if you can't suffer market sentiment. I have used many strategies but in the end, I like this strategy a lot. If your analysis is not good at trading, then it is not possible to make a profit. If you want to make a profit, your analysis will be good. And trading needs to be done patiently.

Mikedevid
Oct 08 2020 at 10:40
3 príspevkov
That would be determined by your particular style and strategy of trading. You can use trendlines to find out support and resistance levels. Even candlestick patterns are a good indicator to show an entry point.

XiaomingCN (XiaomingCN)
Oct 13 2020 at 14:04
13 príspevkov
This problem is not limited to you. A huge number of traders cannot properly recognize the entry and exit points. You need to develop your own system that will help you.

marktaylor
Oct 14 2020 at 04:41
21 príspevkov
Your plans and strategy will play a key role in this. You can keep looking at other patterns and then form a strategy. It will be good for you if you stick to your plan and work according to it. Good luck.

russellgutierrez (russellgutierrez)
Oct 14 2020 at 11:11
56 príspevkov
I trust candlestick patterns for more precision.

sakib2k9 (sakib2k9)
Oct 15 2020 at 14:46
15 príspevkov
long term swing trader doesn't think about it.just follow the trend.......if you are long term trader you may have to wait for entry 1-3 month or more.but if you are a day trader you may develop your system so simple that loss doesn't affect your main balance fully.

stevenflam
Nov 09 2020 at 10:10
24 príspevkov
So far, I have used price action strategy and it worked well. Later, I was swing trading, and it also worked for me. I have seen people suggesting to stick to a single strategy. How do I know which strategy works best for me?

Rassellkarl
Nov 09 2020 at 12:39
36 príspevkov
It is up to your trading style and strategy that you are using. While building your strategy, do consider what your ultimate trading goal is.

Jakemark
Nov 12 2020 at 04:57
37 príspevkov
Your strategy is the most important thing in your trade so keep working on perfecting it. If a particular strategy does not seem to work for you, keep trying different ones. You can also try them on a demo first.

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