How to Plan Entry Orders Like a Pro 🎯
Don’t chase the market—plan your trades before the move happens!
📌 🟢 Step 1: Identify Key Entry Points
✅ Use technical analysis to find strong support/resistance.
✅ Check liquidity in the order book to avoid slippage.
📌 🟡 Step 2: Use Limit Orders Instead of Market Orders
💰 Breakout Trading:
Place a Buy Stop order above resistance.
Place a Sell Stop order below support.
🔄 Reversal Trading:
Place a Limit Buy at strong support zones.
Place a Limit Sell at major resistance zones.
📌 🔴 Step 3: Set Stop-Loss & Take-Profit in Advance
Stop-Loss → Below support (for long trades) or above resistance (for short trades).
Take-Profit → Based on risk-reward ratio (1:2, 1:3, etc.).
💡 Example: If BTC breaks $100,000 resistance:
✅ Buy at $100100 (Breakout confirmation).
✅ Stop-Loss at $99,500 (Below support).
✅ Take-Profit at $102,500 or higher.
🔥 Smart traders plan—don’t rely on emotions! Are you using entry orders? 👇