What's Your Most Important Entry Rule That You NEVER Violate?

Mr. Bollinger · Oct 30, 2003

One other thing, I only enter on the opening of a second bar, and usually the second bar will retrace one or two ticks, so it works out just fine.

AMT4SWA · Oct 30, 2003

I never enter a trade that I am 100% sure will go in my direction! :eek:

bone · Oct 30, 2003

Foreplay before entry. Usually.

TGregg · Oct 30, 2003

Quote from bone:
Foreplay before entry. Usually.

Quote from Fast_Trader:

How often do you miss good trades by following this rule?

-Fast

BuddhaTop · Oct 31, 2003

Quote from AMT4SWA:

I never enter a trade that I am 100% sure will go in my direction! :eek:

How can you be 100% sure that a trade will go your way? Sometimes the trades that look real risky and you pass up on are the ones that work out the best. The trades that seem to easy and certain are the ones that fail. Is it better to take any trade that fits your system or go with you gut feel?

taodr · Oct 31, 2003

Quote from BuddhaTop:

How can you be 100% sure that a trade will go your way? Sometimes the trades that look real risky and you pass up on are the ones that work out the best. The trades that seem to easy and certain are the ones that fail. Is it better to take any trade that fits your system or go with you gut feel?

Read AMT's answer carefully. He's not saying what you read.

AMT4SWA · Oct 31, 2003

You got it my friend!

Actually, BuddhaTop answered it for himself.

OddTrader · Oct 31, 2003

Quote from AMT4SWA:

I never enter a trade that I am 100% sure will go in my direction! :eek:

So you would only enter a trade that you are more than 100% sure will go in your direction!

Sounds quite resonable though!

pspr · Oct 31, 2003

Quote from OddTrader:

So you would only enter a trade that you are more than 100% sure will go in your direction!

Sounds quite resonable though!

I think he is saying that the trades that don't look very good are often the ones that work out best. Probably because if it looks 100% everyone else sees it too and are already positioned leaving no one else to jump in and move the market.

OddTrader · Oct 31, 2003

Quote from pspr:

I think he is saying that the trades that don't look very good are often the ones that work out best. Probably because if it looks 100% everyone else sees it too and are already positioned leaving no one else to jump in and move the market.

Interesting though!

Then what % that doesn't look very good provides the 100% sure signals which are often the ones that work out best?