When it comes to placing entry and exit prices on a bullish retracement, it’s easy to over think the process and be concerned that you’re potentially making mistakes. That’s why paper trading and journaling are so important to the learning process. Join Coach D for a video response to this new tackle trading member’s email questions about the thought process that go into identifying the price points for entry and exit. The key is to remember that when it comes to order entry and planning a technical trade that ultimately it is all based on S.W.A.G. (Scientific Wild @ss Guess) As technicians the most we can do is use past price points, statistics and personality traits of the stock to estimate appropriate entry and exit points. Avoid analysis paralysis by using small position sizes based on risk tolerance will mitigate the fear of making mistakes.

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