Second Entry Trading
A second entry in the market is often considered as more likely to lead to a successful trade than the first entry. A trader looking to take a second entry is one who enters at a later time, who strives to minimize his/her risk of exposure and who usually needs to be patient and wait a little bit more for the additional information to take a trade, second entry provides a trader access in the market at a better price than the first entry and when taken at key entry point ie trend line support or resistance or at 21 ema provides the trader with the highest probability trade.
Trading Second Entry Using PATS
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Tools I use for Price Action Trading
NinjaTrader’s advanced charting software allows you to trade futures, stocks & more from your chart.
number one recommended software for trading Es mini
Replikanto trade copier by FlowBots is an add-on to Ninjatrader 8 accounts. It replicates orders from a Leader Account to multiple follower accounts
Drawing tool bar added to your ninjatrader 8 to simplify the traders experience in drawing trendline support and resistance and channels with ease.
Advance Trade Panel by Tradedevil indicators is a great tool for trade management, you can easily and quickly place a trade 1 tick above signal bar and avoid missing any good trade.
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