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Entry Models

The document emphasizes the importance of entry models in trading, highlighting that successful traders differentiate themselves through their entry strategies. It advises traders to wait for the best setups and refine their entries, rather than impulsively entering trades based on setups alone. The analogy of a cheetah waiting for the right prey illustrates the need for patience and precision in trading decisions.

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Michael Junior jacob
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15 views3 pages

Entry Models

The document emphasizes the importance of entry models in trading, highlighting that successful traders differentiate themselves through their entry strategies. It advises traders to wait for the best setups and refine their entries, rather than impulsively entering trades based on setups alone. The analogy of a cheetah waiting for the right prey illustrates the need for patience and precision in trading decisions.

Uploaded by

Michael Junior jacob
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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ENTRY MODELS

 AFTER MANY YEARS OF TRADING AND THAT INVOLVES TRIALS


AND ERRORS.LOTS OF SETBACKS AND ALSO WINS AND
DISCOVERIES, ONE OF THE THINGS I’VE COME TO NOTICE
SEPARATES THE NOT ONLY PROFITABLE BUT ALSO PROFESSIONAL
TRADERS FROM THE REST IS THEIR ENTRIES.
 YOU HAVE TO UNDERSTAND THAT WHATEVER YOU’RE GOING TO
LEARN IN THIS SECTION IS THE MOST IMPORTANT INFO YOU’LL
RECEIVE IN YOUR TRADING JOURNEY.
 WHEN YOU GET TO THE CHARTS, THE FIRST THING YOU LOOK FOR
IS THE SET UP, RIGHT? IF THERE’S NO SET UP THEN YOU
SHOULDN’T EVEN BOTHER LOOKING AT THE CHARTS THAT DAY.
 BUT HERE’S THE THING JUST BECAUSE THERE IS A SET UP PRESENT
DOESN’T MEAN YOU SHOULD BE PRESSING THE BUY OR SELL
BUTTON.
 THE ONLY THING THAT SHOULD MAKE OR TRIGGER YOU TO PRESS
THE BUTTONS ARE ENTRY MODELS.
 THIS IS ONE OF THE MISTAKES I MADE IN MY LEARNING CURVE
THAT WHENEVER I WOULD SEE A SET UP I WOULD
AUTOMATICALLY FIND A WAY TO ENTER THAT TRADE.
 MOST OF THE TIMES I ENDED UP GETTING CHOPPED UP.ITS
CALLED FAFO.FUCK AROUND FIND OUT]
 YOU SHOULD UNDERSTAND THAT THERE IS A DIFFERENCE
BETWEEN A MOVENMENT AND AN ACTUAL TRADE.
 PLEASE AND I REPEAT PLEASE REFINE YOUR ENTRIES.THERE’S A
REASON WHY ALTHOUGH CHEETAH IS THE FASTEST ANIMAL ON
LAND,IT STILL LIES DOWN IN PATIENCE AND WAITS FOR THE BEST
PREY TO SHOW UP.AND REMEMBER IT ALWAYS GOES FOR THE
WEAK,OR YOUNG PREY THAT WOULDN’T BE A PROBLEM
CATCHING.
 LETS LEARN FROM THE CHEETAH AND REFINE YOUR ENTRY
MODELS TO A POINT YOU ONLY ENTER THE BEST ENTRIES ONLY.
 THAT’S THE SEPARATION BETWEEN THE RETAIL MINDSET AND THE
BIG FIRMS.THEY DON’T JUST STAKE BILLIONS OR MULTIMILLIONS
ON 50-50 ENTRIES.THEY WAIT FOR THE ‘WOUNDED PREY’.
 ESCAPE THE RETAIL MINDSET

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