黄哈哈☺️ answered the question How to choose between opening a position through a breakthrough and opening a position with a pullback in trading?

View all 38 answers

黄哈哈☺️

If the expected market speed is fast and the fluctuations are small, use a breakthrough to open a position, and if the market is expected to start more turbulent and run for a long time, use a retracement to open a position.

These two methods are used differently according to the characteristics of the species.

If the market starts quickly and basically goes up without any retracement, there is no need to wait for a callback.

Sometimes there will not be too many opportunities at key points. Some varieties start slowly and are suitable for callbacks to build positions. Different methods are adopted according to different expectations.

Last updated: 09/06/2023 15:53

See more answers

腿哥

It is a relatively common idea to break through and build 1/3 of the position, and then call back the high before breaking through and then refill.

Last updated: 08/30/2023 09:21

let’s recount those old events in detail

As to whether to buy on a pullback or a breakout, it really depends on the type of market you are in.

If it's a choppy market breakout more often than not it fails or doesn't make much progress, in which case I'm more likely to buy on pullbacks.

But in a strong uptrending market, breakouts tend to persist, and if you wait for a pullback, you can miss a chunk of the move.

Breakthroughs are best, of course, there are bigger gains to be made there.

However, if I miss the initial breakout, then I have no choice but to enter on a pullback.

Sometimes I buy on pullbacks to previous breakout levels, more often I buy on pullbacks to a moving average.

Last updated: 09/03/2023 06:15

View all 38 answers

About

work

subscriber