• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Girolamo Aloe

Supply Demand Wyckoff Trading Mentor

  • About
  • Blog
  • Investments
  • Featured Books
  • Testimonials
  • Contact
You are here: Home / Trading / Entry Point, how to distinguish a Great Trader from a newbie – $SPX500

Entry Point, how to distinguish a Great Trader from a newbie – $SPX500

by Girolamo Aloe in Trading Leave a Comment

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on Pocket (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • More
  • Click to share on Tumblr (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to share on Skype (Opens in new window)
  • Click to email a link to a friend (Opens in new window)
  • Click to print (Opens in new window)
150115 - SPX500 - Perfect Entry Point
150115 – SPX500 – Perfect Entry Point

The entry point is the most important part of a trade. It defines if the trade triggered will be a great success or if it will lose money. Nailing the best trade is not easy, it requires experience and a hard work made in advance.

This part of trading is something that really can distinguish a great trader from a newbie. Because an experienced trader is able to avoid bad entries or at least to avoid the most bad entries and stay focused only on the best opportunities. As we know, the most important quality of a Great Trader is just the Patience:

Have the patience to wait that the trade comes to you. Don’t force a trade.

I opened just a couple of trades today and I was able to nail a great trade. I entered on $SPX500 with a plan and I got a +47.5% of profits on the amount of money invested on the trade.

#SPX500 +47.5%.Perfect entry,from 2005.15 to 2010.85. My TP was at ~2014,I closed before the retracing $STUDY #forex pic.twitter.com/yrhFj4Z424

— Girolamo Aloe (@girolamoaloe) January 15, 2015

Yes, I know that some of you are thinking that I have closed too soon. I think that you are right. But I got the best entry point and I closed taking profit on the top, $0.25 under the top, and just anticipating the retracing back. Probably I was lucky with the exit point. But anyway I got a good profit.

The plan was to take the profit around 2014 with entry point at ~2005. But the anticipated exit point was in any case really good, considering that the retracing back was deep.

Anyway, after the retracing the price move over 2014 and this means that my plan was really good.

Make money becomes easy when you acquire the right experience to avoid bad entries and the patience to wait the best trades.

They are just qualities that a trader makes own with time and hard work. If he is not able to do it, he will lose money repeatedly and his percentage of profitable trades will be lower of the ones closed in red.

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on Pocket (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • More
  • Click to share on Tumblr (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to share on Skype (Opens in new window)
  • Click to email a link to a friend (Opens in new window)
  • Click to print (Opens in new window)

Related

Subscribe to Get the Latest Sessions

Subscribing you confirm to have read and agreed privacy policy and terms of service.

Never Spam. Emails are never shared. You can unsubscribe at any time.

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

15 + 4 =

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Primary Sidebar

Do you want the Best Reward from your trading?

Subscribe to Learn How I Make Trading

Subscribing you confirm to have read and agreed privacy policy and terms of service.

Never Spam. Emails are never shared. You can unsubscribe at any time.

About Girolamo Aloe

Girolamo Aloe
Girolamo Aloe

Girolamo Aloe worked for the Israeli eToro Social Trading Company, Intesa Sanpaolo Bank, and Telecommunication Companies.

After years of career in Finance and IT, Girolamo Aloe founded Profiting.Me.

Profiting Me is a Finance Analytical Platform. It gives Proven and Simplified Stocks and Forex Analytics Tools to traders and investors.

Girolamo Aloe developed the Market Model Algorithm. It is the Core of Profiting Me Finance. The 5 Sections of the Market Model identify high ROI potential investments.

He shares on Profiting Me his expertise as a Supply Demand Wyckoff Trading Mentor.

LEARN MORE

Follow me around the web ―

  • Facebook
  • Facebook
  • Instagram
  • YouTube
  • Twitter
  • LinkedIn
  • Pinterest
  • RSS Feed

Trading Guides

  • Upcoming IPO in Share Market
  • Forex Trading Success Stories
  • How to Use Volume in Trading
  • Wyckoff Trading Method
  • Supply and Demand in Forex
  • Forex Supply Demand Trading
  • Forex Time Frames
  • Profitable Forex Strategy

Recent Educational Contents: Profiting Me

O6 – SPY IWM TNX USCI USO GLD USDOLLAR – The Slow Down of Buying and Selling Waves

O6 – SPY IWM TNX USCI USO GLD USDOLLAR – The Slow Down of Buying and Selling Waves

M6 – ABMD ALGN ANDE PCG – Exploring Weak Sectors with Overbought or Oversold Deviation

M6 – ABMD ALGN ANDE PCG – Exploring Weak Sectors with Overbought or Oversold Deviation

C5 – GBPNZD GBPNOK – GBP Division, Bullish Deviation 91.39% and Overbought Extension 92.73%

C5 – GBPNZD GBPNOK – GBP Division, Bullish Deviation 91.39% and Overbought Extension 92.73%

Top Posts

  • How to Trade Supply and Demand at the Best by the Powerful Wyckoff Trading Method
    How to Trade Supply and Demand at the Best by the Powerful Wyckoff Trading Method
  • How to be Successful by the Best Imbalance to Trade Supply and Demand in Forex
    How to be Successful by the Best Imbalance to Trade Supply and Demand in Forex
  • Juan José Méndez Fernández - Don't tell me you can't
    Juan José Méndez Fernández - Don't tell me you can't
  • How to Use Volume in Trading at the Best to Get the Sharpest Supply Demand Action
    How to Use Volume in Trading at the Best to Get the Sharpest Supply Demand Action
  • How I have earned 1094 pips trading GBPAUD
    How I have earned 1094 pips trading GBPAUD
  • Metals and Forex Charts: XPTUSD, XPDUSD, USDMXN
    Metals and Forex Charts: XPTUSD, XPDUSD, USDMXN
  • Trading Sizing: How to use the Fibonacci Series for Position Sizing
    Trading Sizing: How to use the Fibonacci Series for Position Sizing
  • How to Get the Best by Forex Supply Demand Trading
    How to Get the Best by Forex Supply Demand Trading
  • 10 Awesome Tips you see in the world, that are the most valuable Forex Trading Rules
    10 Awesome Tips you see in the world, that are the most valuable Forex Trading Rules
  • Bad Trading Day. What to do when it happens
    Bad Trading Day. What to do when it happens

Categories

  • Copy Trading (5)
  • Life Event (4)
  • Motivational (12)
  • Podcast (3)
  • Trading (44)

Girolamo Aloe – 1 Year Realized Profit (%)

Subscribe to Get the Latest  Sessions

Subscribing you confirm to have read and agreed privacy policy and terms of service.

Never Spam. Emails are never shared. You can unsubscribe at any time.

Footer

About Girolamo Aloe

Girolamo Aloe
Girolamo Aloe

Financial Mathematics. Financial Trading. Founder of Profiting Me Finance Analytics.

– Girolamo Aloe
– Profiting Me

Follow me around the web ―

  • Facebook
  • Facebook
  • Instagram
  • YouTube
  • Twitter
  • LinkedIn
  • Pinterest
  • RSS Feed
Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Cookie Policy

Disclaimer

Past performance is not an indication of future results.

Nobody in this website is a Financial Advisor and nothing herein is intended to be or to be constructed as Financial Advice. It is for information and educational purposes only.

Affiliate Disclosure

This website is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for website owners to earn advertising fees by advertising and linking to amazon(.com, .co.uk, .ca, .it etc) and any other website that may be affiliated with Amazon Service LLC Associates Program.

Newsletter

Subscribing you confirm to have read and agreed privacy policy and terms of service.

Never Spam. Emails are never shared. You can unsubscribe at any time.

© 2023 · GIROLAMO ALOE · All Rights Reserved.

  • About
  • Blog
  • Investments
  • Featured Books
  • Testimonials
  • Career
  • Privacy Policy
  • Contact