Journalling & Entries, Exits. Flashcards
What’s the better way to enter?
Dynamically, there is no perfect entry. Enter as you see the market conditions develop.
if your hypo, acceptance & rhythms are all in check, would you care about the entry area?
Not much, any area fits as to where you will find the market to be.
When is it a nice time to add positions?
When you see divergences in price & order flow. The price is moving in a specific direction, while the order flow doesn’t show aggression.
As you open & add positions, what type of risk do you put into account?
Information risk
What’s the key thing to judge your entry?
The Hypothesis should be solid, & also Heikinashi candles help in color
What can you /How can you set a stop loss?
It’s impossible to know exactly where to place stop loss.. It’s Human behaviour, you can’t judge.
So, how can we at least start placing Stops?
You can at least use:
- Swing lows & order flow confirmations
- When the market starts changing rhythms
- Using Standard deviation VWAPS
So, how can we at least start placing Stops?
You can at least use the following:
- Swing lows & order flow confirmations
- When the market starts changing rhythms
- Using Standard deviation VWAPS