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Thread: Too many entry will kill you.

  1. #1
    Member alamayreh will become famous soon enough alamayreh will become famous soon enough alamayreh's Avatar
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    Too many entry will kill you.

    hi, i just want to share my opinion ....
    too many entry will kill you ....
    how many entry / day is suitable for you ??
    i ussually takes maximum 3 entry ...... when i set 3rd entry i must stop
    whatever i profit of loss ....
    just say, i just entry when i really sure the market is on direction what i think ...
    but when i entry, and the direction is wrong, i'll cut the loss .. and wait for another chance
    3 entry maximum is good .. to train your to stabilize your performance
    Adnan Alamayreh
    Good Luck

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    Senior Member prem is an unknown quantity at this point prem's Avatar
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    Quote Originally Posted by alamayreh View Post
    hi, i just want to share my opinion ....
    too many entry will kill you ....
    how many entry / day is suitable for you ??
    i ussually takes maximum 3 entry ...... when i set 3rd entry i must stop
    whatever i profit of loss ....
    just say, i just entry when i really sure the market is on direction what i think ...
    but when i entry, and the direction is wrong, i'll cut the loss .. and wait for another chance
    3 entry maximum is good .. to train your to stabilize your performance
    yes,i accept your opinion.if we open much entries,it gives only loss to us.this type of approach is done by several traders aimed for getting huge profit,it is called greed.to become a successful trader,we should be careful in entering lot sizes and select low spread currency pairs because it is low risk for all traders.

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    Senior Member yogesh is a jewel in the rough yogesh is a jewel in the rough yogesh is a jewel in the rough yogesh's Avatar
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    I agree with the view of thread creator excessive trading is not good rather it may increase no. of losing trades this may be due to lack of analysis and enteirng trade without proper opporunity or so.

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    Banned aadrika is on a distinguished road aadrika's Avatar
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    Quote Originally Posted by alamayreh View Post
    hi, i just want to share my opinion ....
    too many entry will kill you ....
    how many entry / day is suitable for you ??
    i ussually takes maximum 3 entry ...... when i set 3rd entry i must stop
    whatever i profit of loss ....
    just say, i just entry when i really sure the market is on direction what i think ...
    but when i entry, and the direction is wrong, i'll cut the loss .. and wait for another chance
    3 entry maximum is good .. to train your to stabilize your performance

    I think that three entries are too much to trade at the same time. This is also known as overtrading. Just open one position per time that you understand and let it run to completion. When that position has achieved its target, you can open another position.

  7. #5
    Banned s19 is a jewel in the rough s19 is a jewel in the rough s19 is a jewel in the rough s19's Avatar
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    this is very fact thing. i also feel some time that many entry will kill me but by luck i save my account.
    if we are playing with many order or pair then there is little bit difficult to manage every thing like stop loss and take profit.
    our money management totally become dismanage and its give a bad result. this may be kill our account also by margin call.

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    Senior Member atif58 will become famous soon enough atif58's Avatar
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    In my point of view opening many entries at a time is not a good choice. This will divide your consentration and will effect your analysis. If you are a long term trader then it can be done but you should have a large capital. But for day trading and especially for scalping trader should open not more then 3 to 4 entries. I do scalping i always open one entry at time, sometimes two but not more then to.

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  10. #7
    Banned s19 is a jewel in the rough s19 is a jewel in the rough s19 is a jewel in the rough s19's Avatar
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    Quote Originally Posted by sathish999 View Post
    i will make only one entry per day but rarely i make two entries. i will scalp and not risk my investment as well as accumulated profits by making more than 2 entries. i will trade during the overlapping of US and london session
    well friend if you are playing only with one trade in scalping than its so good.
    overlapping session time is also very good for trading.
    but you can open other trade when your one trade will close if you got chance.if any one open many entry once then this will be a critical for trading account.

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    Senior Member dmambi will become famous soon enough dmambi's Avatar
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    I feel the number of entries should be less and instead of creating more entries to make more profit instead we should increase the lot size of the order. And the number of entry points should also made with the margin available in the account for making such orders.
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    Hello,

    i am thinking its not the question how many. Its a question about how you trading. If you are scalping in al little timeframe , so you can do 10-30 trades per day. If you ar going to Trendtrading so 1-3 Trades per Day are ok. In higher Timframes less.

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  14. #10
    Junior Member maliknas is on a distinguished road maliknas's Avatar
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    I think too many entries means over trading. If we open more trades and keep on opening positions when price goes against us then it is too much dangerous for our account and we can get margin call and our account will be blown off. So we should open only few positions at a time.

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