do you consider lie price an entry point

arwin100

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Quote from: RILWAN on November 07, 2022, 01:34:30 PM

How do you choose your entry point, what is the place of price in your trading decision?
Is low price a determinant factor to open a trading position?

Maybe depends on circumstances since there are times I'm trying to catch some good points coming from indicator and also quite sometime by the news since we can get a little inputs about what possible might happen in next couple of days. You should draw your own trading technique because not everyone could follow what other do and also so that you will not regret some things or maybe learn more on it due to interactions you made on the market.

Adbitco

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When you talk of entry point, this could be determined by the market conditions if you feels the current price is in a good position to hit your point then good because I can't decide where that is good enough to place your point. For instance, I may love to choose my entry at $15k while you could be waiting for $14k at this we have no same targets of taking a point all less we could call it a copy trade were we both using same strategies to trade.

kawetsriyanto

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At thos moment I won't buy any asset for now, as the market have shown a lot of bear signal that pronounces a further fall in price but I don't also want to lose out in this very important period were I can buy more with less price. But what the next direction will be is what I can't tell.

It totally depends on you. If you are afraid of more falls, don't spend your capital now. We may not reach the bottom during this bearish market, Bitcoin is always possible to drop more. But if you don't want to miss buying during this price fall, you can buy gradually. Spend a few of your capital to buy now, but keep some money to buy again if there are further drops/falls. Something we must understand that we don't know what the bottom of the current bearish season is. If we don't buy now, we may miss the opportunity to buy at the lowest prices.

passwordnow

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At thos moment I won't buy any asset for now, as the market have shown a lot of bear signal that pronounces a further fall in price but I don't also want to lose out in this very important period were I can buy more with less price.

Another set of falling might occur and if you don't feel the urge of buying right now, that's okay. We all have our determined prices and factors when we will buy to add more to our accumulation.

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But what the next direction will be is what I can't tell.

No way to know what's the next direction and we just have to go with the flow. You have to be ready in case the bull run comes, if you didn't stack that much at these moments, you'll have to wait again for a long time.

palle11

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Quote from: RILWAN on November 07, 2022, 01:34:30 PM

Is low price a determinant factor to open a trading position?

Price is not the basic thing to consider or that can determine if a trader should open a trading position or not. What matters is the result of the analysis that you make of market price. It is not proper to jump in for buy because the price has gone down or to sell because the market has gone high. You have to do the market analysis using the technical indicators because there are atimes when price will be overbought or over sold so if you are trading against the current direction will lose before the reversion to your open order position.

GreatArkansas

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Quote from: RILWAN on November 07, 2022, 01:34:30 PM

(...)
Is low price a determinant factor to open a trading position?

Not all low price is a good entries. We can't assure you here because a lot of cases especially "Buy the dip" until when is the dip? Because when you are buying those dips, it's like catching falling knives.
There are some traders that enter a trade position only if the price is going up again or pullback after a dip, pullback is visiting the previous low after a pump.

rozak

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if for trading, I don't see a low price position to start trading. but I will look at the trading volume to determine if we are ready to enter or should look for another asset.
unless we are going to make a long-term investment. low price position will benefit us to get bigger profit when the market gets the pump.
trading in a highly volatile market situation at the moment is not so good. may be able to change trading plans on long-term investment assets that will be less risky.

sheenshane

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Finding this doesn't have constantly feasible, it required technical indicators that you can locate your entry or even your exit points.

Bollingers band
MACD
Moving Average

Are one of the best strategies to find them.

Using a technical pattern of price resistance like breakdown or breakout resistance would sometimes help. Using different technical strategies that fit your risk appetite or even your past experience will also be helpful.

Bitcoin_Arena

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It depends on a lot of factors including your tradition strategy, day trader or long term?

I usually set up an entry buy order just above the new support level, most especially when the candle stick has closed above that support level.
Other things I look for are if there is a higher low, if the RSI is oversold and if there is any RSI convergence after a recent drop in price.

Zaguru12

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It definitely has to be at the lowest point. But the question is how sure are u that the point you are picking is actually the lowest. What if there is a further drop? I think what a trader can do is target a point where u feel you might gain profits once it grows and when it falls it doesn't hit you hard

blockman

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Quote from: RILWAN on November 07, 2022, 01:34:30 PM

How do you choose your entry point, what is the place of price in your trading decision?

This is being done on your own when you think that the price is too low. You can't catch the actual bottom but when you do, then you're in your greatest shape.
But forget about doing or buying at the bottom of it, as long as you're buying at the right time and price which you think is one of the bottoms of it, just do it.

Quote from: RILWAN on November 07, 2022, 01:34:30 PM

Is low price a determinant factor to open a trading position?

Yes. That's definitely a factor that you should be able to see and start your positions. There are traders that would be dependent on that and they're the spot traders but for margin traders, this won't matter.

ScamViruS

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Quote from: RILWAN on November 07, 2022, 01:34:30 PM

How do you choose your entry point, what is the place of price in your trading decision?
Is low price a determinant factor to open a trading position?

Traders always try to take entry as low as possible to make a profit from a trade. But sometimes it is difficult to get the right entry point due to the emotions involved. How much profit the trader wants to make from that trade also largely depends on where to take entry according to the target. Because you always want to buy at a low price and sell when the market is pumped. By doing this, one should understand the momentum of the market and open the trade, thinking of making big profit only by entering at a low price will not always be correct.

On the other hand, taking a trade in the hope of a quick profit on a huge pumping asset can turn into a nightmare for you. So it is necessary to take trade entries from the safe zone as much as possible by doing market research.

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Quote from: RILWAN on November 07, 2022, 01:34:30 PM

How do you choose your entry point, what is the place of price in your trading decision?
Is low price a determinant factor to open a trading position?

Always stick with your own decision but there are people who are highly reliant when it comes to other decision in basing on whats their entry point but on traders perspective or someone who are really that eager

on learning trading then you should really be that thriving for yourself on able to learn from basics to advanced way on doing trades.Just like the rest been saying that trading up decisions

Entry point is always on the lowest possible price that the market could have and this is where most people been trying out their best on finding this spot.
No one could guarantee out that each of their analysis would be that precise but at least we had tried.

Mpamaegbu

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Quote from: RILWAN on November 07, 2022, 01:34:30 PM

Is low price a determinant factor to open a trading position?

If that isn't an essential determinant then I wonder what else should be. Entry and exit prices are very important in trading. A fairly low entry guarantees better profit and that's what traders look out for. It justifies the trading parlance of "buy low, sell high". It's the entry position in trades that distinguishes a profitable trader from one who struggles to make ends meet.

GeorgeJohn

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Quote from: RILWAN on November 07, 2022, 01:34:30 PM

How do you choose your entry point, what is the place of price in your trading decision?
Is low price a determinant factor to open a trading position?

It depends on what you want, because i believe that if really you want to make a profit in any trading you most not start with higher price, at least you will be targeting the figure or the value that when you open trade when negativity come it will not lead you into lost, so the factor of determination is dependable on your target.

Mahanton

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Quote from: RILWAN on November 07, 2022, 01:34:30 PM

How do you choose your entry point, what is the place of price in your trading decision?
Is low price a determinant factor to open a trading position?

When you do say low price, then how you do able to determine?

Via trading indicators?
Via Hype or people been recommending and saying around?
Via emotion or intuition?

You are the ones would really be deciding on when to enter.Yes, this market is truly unpredictable and totally random which it would be
sensible and would be much recommended that when you do consider on buying back then analysis should really be attached to it.
Never ever consider on making your emotions plays a huge role when making choices.

RILWAN

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How do you choose your entry point, what is the place of price in your trading decision?
Is low price a determinant factor to open a trading position?

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