the best entry and exit point?

April 11th, 2015, 12:34 PM

hi everyone,
i am a day trader on US stock, and have been working on this line of work for the last two years, i need to team up with a few people/ adviser on the same line of work to make a better trade, i also need to know how you determine the best entry and exit point?
let me know if you can give me peace of advise or hint
thank you,
henrick

April 15th, 2015, 09:37 AM

hmm... i would be willing to bet that everyone on Big Mike's forum would like help with the same thing lol. Many of us have spent our entire professional lives trying to do that which you have described. But maybe I can offer a little help.

Take a look at a particular stock chart. Put a 200 MA indicator on the chart. Notice that when the price moves away from the MA line a reversal will follow. The more rapidly the price makes the move the more usually is a good indicator of how quick the retracement will be. Of course the devil is in the details here, but hopefully this may give you a place to start looking and analyzing.

April 19th, 2015, 09:53 AM

First a disclaimer: I'm not an expert and what I will be saying in this post is purely my own opinion.

So yea...from what I've seen, it's hard to hit the best entry/exit unless purely through luck. At least if your definition of best entry/exit is what will make the most money. In my view though, if the entry and exit point(s) you set generate gains on a regular enough basis that it increases your capital, that is the best entry and exit point to work with. It might not generate the most gains per trade but it works enough to make money.

the best entry and exit point?

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the best entry and exit point?