Entry can be tough and its something that I think we owe to ourselves to be studying over and over again on how to improve. I went long on a potential 52 wk breakout this morning but i think my entry was a little premature...If I would have been more patient, I would have saved myself from some losses and also would have had better entry on a play....finding the balance between early timing and chasing can be really rough and today was a good example for me on how being premature on entry can lead to frustration.
Still watching for the $MTBC breakout but could have played it better for sure. Maybe if I was not watching $MTBC so close, I could have got in on $MTSL risking off 2 looking for 10% gains.
Posted Aug 08, 18 11:06 AMbyCraigtradesthis
Categories
Price Action: Breakouts, Short Squeeze
Thanks for posting! Been following your journey and have enjoyed your input in chat. Very inspiring.
btw. I've felt I've struggled with entries because I mostly focused on the chart. Are you using Level 2 and tape acceleration on your entries?
@JohnTrader a little bit on lvl 2 but mostly just volume based chart support and resistance. Thanks for the kind words.
@weytrader thanks!
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