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No surprises here I'm surprised that there are some who don't understand how a trend really works, & how it impacts all strategies, both for trading & for development, so I thought I would share my opinion as this is as basic as it gets.So here we goBeginners are very concerned about finding a system that works all the time. They are especially concerned about entries. They want to hit the entry as close to the turning point of a trend as possible. (read my posts on the "Ducati Blue Bar Strategy"). The reality is when a market is trending up, it really doesn't matter what you are using for entries as long as you are entering in the direction of the trend.A few simple trend indicators are all you need to enter a tradeSelecting entries during trends requires almost no brain cells. Once we are in a position, the problem becomes when do we exit.Skate.
No surprises here
I'm surprised that there are some who don't understand how a trend really works, & how it impacts all strategies, both for trading & for development, so I thought I would share my opinion as this is as basic as it gets.
So here we go
Beginners are very concerned about finding a system that works all the time. They are especially concerned about entries. They want to hit the entry as close to the turning point of a trend as possible. (read my posts on the "Ducati Blue Bar Strategy"). The reality is when a market is trending up, it really doesn't matter what you are using for entries as long as you are entering in the direction of the trend.
A few simple trend indicators are all you need to enter a trade
Selecting entries during trends requires almost no brain cells. Once we are in a position, the problem becomes when do we exit.
Skate.
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