If there is no trend, you should grow slowly; when a trend comes, you should increase your position and work hard.

Three elements of a trend:

1. The slope of the moving average increases

2. The moving average is arranged in a bullish pattern

3. The price respects the moving average

Once a trend comes, you should completely change your mindset. Otherwise, you should not expect a big price retracement, but start working when the price reaches a key position.

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