A further benefit of limited entry that many traders often overlook! (THIS WILL HELP YOU TURN A PROFIT.)
Let me demonstrate this benefit of restricting entries if you haven't before.
Being able to respond to the market quickly is a key component of market entry advantage. The setups you build, even when you're not watching the market, will mostly determine how the trades are performed for limit entry. That is a very advantageous advantage, but the benefit we are discussing is the ability to avoid limit orders when entering. We view this as a benefit because, unlike market entry that are hit but will probably be rekt, limit orders that are not hit will never cause you mental harm. As a sensible man, I would rather not hit my entry than hit a losing entry with poorly managed risk and improper calculation. Thus, this is the main benefit of a limit order.
Stay wise, trade cautiously.