Short instructional excerpt advising traders on optimal entry timing in a bullish trend: rather than chasing breakouts at higher highs, the speaker recommends entering at the higher-low areas. The presenter says a framework/strategy will help identify likely higher-low zones and that entering at highs risks surviving large drawdowns.
What's the most optimal time to actually enter the trade? Price is making a low to high, to another low to another high. So it's consistently making higher highs and higher lows. So if you're a trader and you want to get in on this trend, you could enter the trade here, theoretically. And if you're willing to hold all this drawdown and you survive this drawdown, you might end up making money when it trades back here. But in reality, the most optimal area to get into the trade is at those higher lows. And so what this framework and this strategy is going to help you do, going to help you find the most likely areas for these higher lows to occur.
