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  1. #1
    Active Member unclbill's Avatar

    help How do I determine when to enter a trade? !!!

    My head's spinning. I'm almost done with the college level training. I'm left with the question of when to enter a trade.
    Thanks.
    ​Cats are living proof that not everything in nature has a purpose.

  2. #2
    Veteran Member randy1953's Avatar
    Quote Originally Posted by unclbill View Post
    My head's spinning. I'm almost done with the college level training. I'm left with the question of when to enter a trade.
    Thanks.
    Well the general answer is you enter your trade when the conditions are met with the strategy you are using. The better question imo is when not to enter a trade example near or during news or when you feel unsure etc

  3. #3
    Legendry Member Okane's Avatar
    Well, if you could start a diary and tell us all about your strategy first
    so we can give you feedback!
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  4. #4
    Administrator Martin Kay's Avatar
    Quote Originally Posted by unclbill View Post
    My head's spinning. I'm almost done with the college level training. I'm left with the question of when to enter a trade.
    Thanks.
    loving your signature
    “Don't believe anything you read on the net. Except this. Well, including this, I suppose.” ― Douglas Adams

  5. Thanks Okane thanked this post
  6. #5
    Legendry Member milos's Avatar
    It depends the following:
    1.Market condition
    2.Trading assets
    3.Time frame expiry
    4.Charts
    5.Trading tools and indicators
    6.Fundamentals

    I can help you the following
    I use M1 charts to trade M5-M30 time frame expiry
    I use M15 charts to trade H1 time frame expiry
    I use M30 charts to trade H4 expiry
    I use H1 to trade H8 to a day expiry
    I use D1 charts to trade a week expiry
    I use oversold/overbought zone for short time frame expiry.
    I use MACD,RSI,Fibonacci and B Bands.

  7. #6
    Legendry Member Michael Hodges's Avatar
    Quote Originally Posted by unclbill View Post
    My head's spinning. I'm almost done with the college level training. I'm left with the question of when to enter a trade.
    Thanks.
    Well, that comes down to your strategy, system, time frame and signals. . . take the trade when the signal is there. But I understand about the spinning head thing, it may take a while for it all to gel... that's why demo trading is good idea to start with.

  8. #7
    Legendry Member willyw's Avatar
    Quote Originally Posted by unclbill View Post
    My head's spinning. I'm almost done with the college level training. I'm left with the question of when to enter a trade.
    Thanks.
    follow the advises that Okane, Micheal and Milos gives you and test it on our CT demo to try out. Learn from the mistakes and adjust from them

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