Understanding the Difference Between Entry Point and Limit Entry
In trading, it's crucial to distinguish between Entry Point (Market Order) and Limit Entry (Limit Order) to make informed decisions. Here’s a clear breakdown of both:
1️⃣ Entry Point (Market Order) – Immediate Execution
An Entry Point refers to executing a trade at the current market price. When we mention "Long Now" or "Short Now," it means you must act immediately and enter the trade without delay. This approach is used when there is a strong conviction in the market movement and no need to wait for a specific price level.
2️⃣ Limit Entry (Limit Order) – Conditional Execution
A Limit Entry involves setting a predefined price at which you want to enter the trade. Instead of executing instantly, you place a limit order on platforms like Binance, and the trade will only be triggered when the market reaches your desired entry price.
This strategy is particularly useful in volatile or uncertain market conditions, like yesterday’s scenario, where waiting for a more favorable price helps mitigate risk and protect your portfolio.
At the core of our strategy is risk management, ensuring that we maximize opportunities while prioritizing portfolio safety.
