Guideline 54. Decide on the always-in direction and trade only in that direction until it changes

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Laowu讨论 | 贡献2024年3月19日 (二) 13:59的版本 (创建页面,内容为“<blockquote> Every bar and every series of bars is either a trend or a trading range. Pick one. Decide on the always-in direction and trade only in that direction until it changes. Throughout the day and especially around 8:30 a.m. PST, you need to be deciding whether the day resembles any trend pattern described in these books. If it does and you are looking to take any trade, you must take every with-trend trade. Never consider taking a counter-trend trade if…”)
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Every bar and every series of bars is either a trend or a trading range. Pick one. Decide on the always-in direction and trade only in that direction until it changes. Throughout the day and especially around 8:30 a.m. PST, you need to be deciding whether the day resembles any trend pattern described in these books. If it does and you are looking to take any trade, you must take every with-trend trade. Never consider taking a counter-trend trade if you haven’t been taking all of the with-trend trades.