i've been trading for 3+ years and i know entry setups are not all that matters. i know all about money management, etc. however, i still believe a good entry is needed. if you're a good trader, please give me your honest opinion of these 2 concepts. 1-enter on extremes and exit when they revert to the mean. 2-find strong trends, for example, both the 5sma and 20sma are sloping up. go long and exit on the first profitable close. if you limited your losses, it might work because you're going with the trend. i know i did not include how the trades would be managed, but i'm talking about concepts here. are you people that are making money doing anything like this? or am i completely in the wrong ball park?