Stacking Jedi Entries? · InvestCEO with Kyle Henris

Stacking Jedi Entries?

Coaches and community - for those using Jedi entries, do you stack them (I may be making up terms)? For context, I am entering Jedi orders right before market open, then don't look at them until close. To clarify the question, in this example, if you have separate demand areas (see screenshot), do you put in 3 orders before open so you get filled on some of them? Of course, on bad days this would risk having 3 trades going against you. My risk management allows 10 bad trades before I blow up an account, so I'd feel comfortable with 3 losses in one day, as they give me wins on other days. Or do you just enter the closes demand area one and not get filled on others (assuming I am not in front of the screen to enter others during the day nor to asses whether market/plan structure changed).

Thoughts?

5 comments