Short transcript excerpt from a trading video where the speaker explains a minimal-entry approach during a downtrend: they wait for price to trade into "50 of the range" and only take a smaller counter-move instead of trying to capture the entire move, because trading into the larger move would fight the dominant downtrend and be riskier.
Price is tumbling. Yeah. All I want to see is price trade into 50 of the range here.
And then 50 of this range. Yeah. And all I want is this move right here. Because at that point, even though the trend is. This is the trend, if this is going to continue to here, great. If it's not, it's most likely going to reverse from here. Yeah. Yeah. So all I need is this move right here. I don't need to trade from here to here because this is a risky move. Yeah. You know, And I don't need to try and grab this because this is fighting the overall downtrend that we're currently in. Yeah. So I only need to do that.
