Execution is Everything Pt3. - Dip Buying, When to Cut and How A New Position Almost Always Starts Red

For ease all price action guides will be named “execution is everything” followed by a subtitle to help search out the concepts.

For brevity I’m going to be blunt. There is a good chance if you don’t understand the fundamentals discussed in this series (execution is everything) you are going to burn capital which should be avoided at all cost. On the bright side internalizing and practicing the concepts brought up in these articles will almost certainly improve any outcome in trading (and quickly) - and it’s not specific to /ES or SPY but the market as a whole. My first article (pinned to the top of the stack) has intro information and each additional article builds onto that foundation.

This article arrives today because the strategy will be necessary going into next week as price has yet to break structure. When a pullback does happen the following strategies are what I will use to position and buy the dip.

Almost all position start red:

Before diving into dip buying this should be a…