My friends all know I am very verbose. :). It does not necessarily mean I am confused though.
I name everything with a nickname. For every thought we encounter in trading, I try to find similar example in real life.
For all these I do, I seek simplicity.
All my setup sums into follow categories:
1. Trend Following
2. Range Fade
3. Range Break (start of a trend)
4. Market delay (I've talked in previous blogs)
Sounds easy, isn't it?
Reality sucks. The most difficult thing is how to distinguish between trend and range , and detect the potential transition between them. Pretty much all my trading techniques are around this central topic.
In range market, you deploy totally different mechanism that you will be using in trending market.
The only way you can keep things simple is to dig out all the complexities first, in my humble opinion.
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