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Entry, Stoploss, Profit target
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Entry, Stoploss, Profit target

  #11 (permalink)
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Entry is definitely the most important in my method of trading - intraday scapling. When I do analysis of my trades at the end of each day, it is clear where I enter my trades would determine whether I get stop out or my profit target is hit.

In my opinion, the smaller the time frame you are trading the more important is the entry. As your time frame increases, entry probably isn't that critical; I suspect exit becomes more critical then.

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  #12 (permalink)
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jonc View Post
In my opinion, the smaller the time frame you are trading the more important is the entry. As your time frame increases, entry probably isn't that critical; I suspect exit becomes more critical then.

I believe that is true for scalpers. I am not a scalper and am very happy of that.

Entry does not determine profit. Exit does.

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  #13 (permalink)
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Follow thoughts up Baruch?

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  #14 (permalink)
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I believe that is true for scalpers. I am not a scalper and am very happy of that.

Entry does not determine profit. Exit does.

Mike

Exit does not determine profit either as you need to enter first. Anyway, if you don't want to split hairs then enter via your exit strategy.

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  #15 (permalink)
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I only wanted to show that although entry and exit are equal, and they are, because you have two possible exits (profit and loss) its more beneficial to try to improve the entry.
Improving can be many things: Front running, delaying, filtering and so on.

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  #16 (permalink)
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How would you suggest improving entry?

Do you keep a fixed SL and or profit target?

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