WHAT IS A SECOND ENTRY ?

i am a prop trader.

please do not bull shit here

 

all TA teaches read bar charts.

Brooks reads BARS.

 

i put in work for 20 years and you make fun of me

 

i can assure you i will be.

my goal is to be the best trader the world has ever seen and i am prepared to put in the emotional and financial suffering and hardship to get there

 

that is what made me a prop trader

 

We in the US don't read Bars, we go to bars to have a good time.

Kidding aside, why do I have to learn all the rubbish first?

 

because what ever you learn is rubbish.
whatever works for you is not rubbish

 

Not if it is from Dr Brooks.

I am happy for you.

 

Getting back to the context of second entry, what is the differentiating factor that will give you a higher probability setup? That's right, MOMENTUM. You want the momentum to support you from below. Without it, it will more often than not just fizzle out. That's why first entries almost always fail (unless you're a 1-point ES scalper).

 

Hello padutrader,

It is not hard to get one of those certificates.