69. Enter With Stop Orders


69. Enter With Stop Orders

Many times, we talk in the trade room to start your trade-off with a stop order and let the market come to you. 


We say this can be a less aggressive way of entering a Stab Buy / Sell model or trying to time a cycle low or high.

The Stop Model can be as simple as following a long term chart, or the same chart you are trading, and after the market makes a 4 to 9 bar cycle low pattern, you can simply buy the high or open of the previous bar, and even the current bar if the market is first down below these levels. 

The Go Fish Pro app has these functions built-in. What is SUPER NICE is the app knows these values, and with one click, you can place and cancel these orders. It does not get much easier and helps you avoid order placement errors.


Past performance is not necessarily indicative of future results.


Avoid Presuming -

What this does is avoid guessing where the low price might be and lets the market come to you. 

What we suggest is not to go all-in on this trade, but let the app take over and Go Fish for more orders after the entry price to improve your true average price by 50% or more from your first entry. 

Then follow it up with Fast Track Pro entries to stay close to the market

Past performance is not necessarily indicative of future results.


Your protective stop orders can be close when trading this way. 

Choose the previous bar's low or open if long  to start. If the market goes in your favor by bar close, you can use the entry bar's same locations. Then as the market makes more moves, you can move your stop to the current bar's open and low to tighten your stop up as you start to take profits. 

Past performance is not necessarily indicative of future results.



Futures, Options on Futures and Forex trading involves a substantial degree of risk of loss and is not suitable for all individuals. An investor could lose the entire investment or, in some cases, more than the initial investment. Past performance is not necessarily indicative of future results.