Left-Side Trading or Right-Side Trading: Which Is Better?
In fact, each has its own advantages, but 80% of people do not use it correctly. First of all, it is necessary to distinguish between entry and exit. The so-called left side is to enter the market on the left side of the reversal, which means that the left side is an unconfirmed counter-trend entry, while the right side is a confirmed entry with the trend. Therefore, the success rate on the left side is low, but once successful, there will be a very good profit-loss ratio. On the right side, it is just the opposite. The success rate is high, but the profit-loss ratio is worse. The main force usually enters on the left side to buy enough chips, or even buys the right side from the left side. However, as small retail investors, we cannot determine the exact position of the reversal at all. Even if you follow the main force's rhythm and open a position with the main force, it often takes a long time to stretch. Moreover, before the main force pulls up, various washing methods will be used to knock retail investors out of the market, so it is recommended that retail investors only enter the market on the right side. Become the order flow that boosts the order flow. As long as you are ahead of others, you are the winner. The best entry point is the starting point before the pull-up.
What is the best exit point?
The methods for finding entry points are shared above. They all say that the apprentice is the one who knows how to buy, and the master is the one who knows how to sell. The appearance is also divided into left and right sides. If you don't know the left and right sides, you can look up other industry information on meter measurement. First of all, if you are making a trend following system, you must enter the market on the right side. This is in line with the trading concept of cutting off losses and letting profits run. If you are doing a swing trading system, you only need to make a distinction. First, when your target band is the callback period of the general trend, you should choose to exit on the left side and set a take profit before the next resistance level. Second, when your target band is the trend band, you can enter the market on the right side, so as to maximize your profits.
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