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SMART MONEY CONCEPT |🎯 Sniper Entry and The risk-reward ratio | price action strategy
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Sniper entry means entering (placing/ opening) a trade at the best point possible in the market, usually at the very bottom or top of a trend.
Sniper entry is the practice of entering a trade at the lowest point in an uptrend and/ or the highest point in a downtrend. Doing this causes your trade to enter profit minutes, if not seconds later. In other words, no drawdown.
I can tell you this from experience, that as a new trader, the best thing to see is your trades going from red to blue almost immediately after entry.
Getting sniper entry is not so easy as it seems and takes a lot of practice and confidence if anything.
This course intends to shine some light on the topic in hope of giving you the necessary knowledge needed to get sniper entry to improve your trading skills.
To get sniper entry, a trader must first find the peak or trough of where a retracement will end. This can be done by understanding how markets move and how to reacts to the different structures. More importantly, to know which structure it might react to, this can be done via technical analysis.
With technical analysis, a trader can find the areas where price is going to reverse at, as such, with confidence, he/ she can enter without being worried that price will not continue in his/ her favor.
For example, everything else aside, if a trader is aware that price will end its retracement at a support, before pushing to the upside for a long term, entering at the moment when (or area where) price touches (retest) that support would be considered a sniper entry.
This is because the trader entered the trade at the most optimal area, at the very bottom of a retracement causing his trade to enter profits shortly after.
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DISCLAIMER
The information presented in this video is for educational and entertainment purposes only and is not financial advice. I am not a financial advisor. Trading can result in loss of funds. Individuals must consider all risk factors including their own personal financial situation before trading. All individuals are responsible for their own trades and investments.
This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.
#sniperentry
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