pancho

Trader Miranda Ofarre comments that in her first steps she tried to gather information about the short-term systems designed to enter into strong trends. That is, the 'trader' would only enter well-established trends. The surprise was that this technique did not work at all. Since no one can spend 24 hours a day watching the screens to decide when to open a position, the expert suggests that it is best to calculate an average. Indeed. If, for example, you miss a (long) purchase transaction, "average the four most recent lows and use that level as your new entry price." On the contrary, if you let a sales signal pass, "average the last four maximums" and that will be your exit level. This technique will not always allow you to enter the market, but it will give you a second chance.