Daily entry

Beginner Questions
1

Using the D1 charts which of the following would lead to the greatest profit over a sufficient period of time?

  1. entering the market immediately following a setup candle

  2. entering after a retracement using an entry limit

Assume both have the same SL and TP positions.

Obviously the 2nd option would give a greater reward to risk ratio but the entry will not always get hit.

2

I think back testing will reveal the answer for you. No reason to guess in trading always have data driven analysis