Here is how I define it:
A good entry allows you to get out at break-even when you are wrong about the immediate direction of the trade.
*immediate: depends on what time frame you are trading on, but I would say within the next 5-7 candles.
How would you define a good entry?
A good entry allows you to get out at break-even when you are wrong about the immediate direction of the trade.
*immediate: depends on what time frame you are trading on, but I would say within the next 5-7 candles.
How would you define a good entry?
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