WHAT IS A SECOND ENTRY ?

Discussion in 'Trading' started by padutrader, Oct 28, 2023.

  1. padutrader

    padutrader

    i do not think i have ever put a 1.5 point stop in my life i would be sure it would get triggered.

    amazing. maybe you should be a guru

    i think it being a range day it may well come back to the low range or channel.

    maybe around 4387-82
     
    Last edited: Nov 8, 2023
    #241     Nov 8, 2023
  2. We'll see. The key is to contain losses and have your smallest size on when you're wrong.

    Initial stop was 5 points. I only tightened it up after the market moved in my favor. I would also get frequent stop outs on a 1.5 point stop.
     
    #242     Nov 8, 2023
  3. padutrader

    padutrader

    you only have to be consistent with what you do
     
    #243     Nov 8, 2023
  4. Added one unit at 4400 as price moved in my favor. Powell can easily tank the market today, so don't think I'll get any bigger than this. Moving stop to B/E if we get a second push above 4401 or so.

    [​IMG]
     
    #244     Nov 8, 2023
  5. padutrader

    padutrader

    the way it is going it may well reach your target.

    but you know better
     
    #245     Nov 8, 2023
    Laissez Faire likes this.
  6. I don't really know. I'm just speculating... :)

    Moved stop to 94.25. A bit too close to the action.
     
    #246     Nov 8, 2023
    padutrader likes this.
  7. padutrader

    padutrader

    it may still revert to being a trading range day so low of day may be threatened....it is early in the day and the market often head fakes.
    no clue really but just try to ready price action
     
    #247     Nov 8, 2023
    Laissez Faire likes this.
  8. padutrader

    padutrader

    too much congestion near the ema...... it is not touching and flying off the ema
     
    #248     Nov 8, 2023
  9. ES spends a lot of time range bound.

    Plenty of second entries. Hehe. :)
     
    #249     Nov 8, 2023
  10. padutrader

    padutrader

    :D
     
    #250     Nov 8, 2023