Subscribe now and watch my free trend following VIDEO.

“My biggest challenge is choosing the correct entry point for my trade…”

Feedback in:

Hi Michael,

My biggest challenge is choosing the correct entry point for my trade. At the moment I can not short as I am under PDT, and I want to be able to control my losses so most of my trades need to be held at least overnight. I have been studying Elliott Wave principle and the works of Constance Brown and just starting W. D. Gann. I find that when I enter, my risk reward is not as good as it should be, I am aiming for a 3 : 1 risk reward, but my stops are too far away because of the entry and that is increasing my drawdown.

Kind regards

Mark R

Run from Gann and Brown and Elliott.

Run fast.

Read more.

Learn to be a trend following trader.
Sign up free today.