If you don’t do new trading, you’ve probably heard it many times. It’s really very important too, so if you don’t understand how to buy low and sell high, then this article will open your eyes hopefully and give you one of those “oh yea” moments. I began to show my most consistent benefits when I began to concentrate on this strategy as my first input method. Whatever strategy you are currently using, if you are making money consistently, you will probably need to find a way to enter the market in the main low areas or in the high market short access areas.
If you’re still with me and still don’t understand what I’m revealing, this will probably be the most important article you’ll read when it comes to learning how to trade profitably. It doesn’t matter if you market daily, daily, weekly, or monthly charts, because prices react equally on all charts.
I will challenge you to see what happens on your lists in a few days or weeks, depending on the timing charts you are marketing. See that what I’m going to talk about is not easy to know and negotiate. It’s pretty easy to see in almost any diagram once you know and understand what to look for. If you wish, you can also use weekly and monthly charts and trading options with this strategy
First find your key support and resistance areas and draw lines so you can easily see them. These areas will have double peaks and double bottoms in many cases, but you may see that prices in these areas are reversed more than once, and if so, you can already see what I’m talking about prices almost always bounce at these levels. Also, be aware that prices will often reverse the trend in these places. Once you’ve located these important areas, just wait for the prices to get back to where you want to buy or sell them.
When you find a strong site of support or resistance, look for a unique option with the option to buy cheap in the market or sell high, which is what you will do. In addition to complying with one of the most important rules of negotiation, you will see that you can also enter with a relatively small security stop, so getting into these places has another advantage. I’m very well-adjusted, so I often buy these places blindly without thinking about what the price will be when I get there, but if you’re not able to do that, wait in a trend bar in the direction of your entry and enter on that bar if you go long or if you go short below that the bar is complete and closed.
Once you get into it, your goal is to try to test a part of the trade, because while prices will be questionable when they get those important prices, they may not always move in the direction we want them to. Each market is different, so look closely at the market you are trading in and examine the previous support and resistance areas without having to spend too much time in the trade to find out how safely your skin is. If prices bounce a dollar off the stock you normally like, don’t go for all the money. Try to get half or three-quarters of the bounce so that the profit percentages are high on the trading head. I like to go out with a safe scalp with half the trade, and then move on to a stop in the rest of the contracts or stocks, hoping to achieve equality and catch more movement. Using this strategy, it doesn’t matter what happens after the scalp is closed, because the trade is safe at that moment. The worst that can happen is that prices will backfire and stop the rest of the trade. However, you will make money with your trading scalp.
Many traders hate seeing trading districts because they feel they can’t make money on these models because the market isn’t moving or the trend isn’t moving. If you learn to understand that buying and selling strong support and resistance is really the easiest way to make money, you will start to enjoy these trading intervals like me and look forward. I often buy the lows and repeatedly sell the highs in the trading ranges knowing that the probability of a small bounce at least at both ends is very high. If I’m wrong, my stop is small and I lose very little, so I think trading in this way gives me the best of both worlds, which is a very high percentage of profit and when I’m wrong it leaves very little security.
If you’re not using this strategy to trade in some of the unfavorable markets, especially for the futures of ES, YM, and NQ, I strongly encourage you to pull out some charts and check yourself out. You will be happy and you will probably improve your trading results. Most importantly, you will be forced to buy cheap and sell high, because that’s where you get real money when trading the markets!