What if I miss an entry in Multiday Trade
NeoTrader
Last Update 3 years ago
In the market you cannot factor for all the events...at least there should be a partial entry. Some of them may open higher on the following day but that doesn't take away the profit potential. Trades have to be approached with some overall understanding
You can do any of the following as per your comfort level in case you miss the entry of Multiday Trade.
o Buy/SELL above the 5/15 min high/Low,
o You can wait for Pullback to Entry and enter again!
o You can also choose to enter part now and part at a pull back!
o Or you can enter at a higher price than entry as Multi-day trades have larger targets.
o You can choose the Enter above T1 and place stop loss below the entry and look for T2-T3 as your target!