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chrislaw789
chrislaw789 May 31, 17 3:39 PM

I am having problem entering a trade at the open because price keeps go up then if I follow it then it will be too high so I can't make profit. Please let me know what I should do.

lombardo141
lombardo141 May 31, 17 4:52 PM

I also had the same problem starting out and still do lol. The most popular advise is to use hot keys or set your limit orders in advance of the price. But if it moves so fast whats the point ? Its all about perception and slowing yourself down. I use the 5 min time frame because the one min time frame i realize tricks me into selling too quickly. Sometimes in a high volume runner its important to let the charts play out even if you get in slightly higher.

lombardo141
lombardo141 May 31, 17 4:54 PM

So to recap. Try practicing hotkeys(call your broker or you can google or youtube). Change your time frame to slow you down so you focus not only on price action but patterns. Hope this helps.

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