WHAT IS A SECOND ENTRY ?

padutrader said:
i tried it earlier and though it seems logical that you can enter anywhere and make money it is surprisingly not profitable to do that.
Without a plan where to enter and where to exit you get nowhere in trading.

this second entry strategy conforms with that requirement.

you may think it is not efficient but in scalping win rate is everything
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It didn't work for you because you were scalping.
 
second entry trading and scalping for 3-4 ticks mostly -1,2 contracts and 3 trades with 4 contracts not bad
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padutrader said:
i want a 100% win rate and a sure money and that needs a high probability.

so i trade 2nd entries scalp out at 3-4 ticks with 2 contracts on ES.

i am NOT saying it is easy but it is a plan.

i must warn that Brooks says swing not scalp ; but this looks easy and i am giving it a try.
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What's your risk (stop) scalping for 3-4 ticks?

Good luck.

You're gonna need it.
 
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