Respect and Awe for the Market
When the market is moving in one direction, never build a position in the opposite direction until there is sufficient evidence that the market has turned and the trend has changed. Do not stand in front of a heavy truck to block it. Trade in the direction of the medium trend; buy on dips in an uptrend and sell on rallies in a downtrend. Respect the market trend, follow the trend, and improve your trading success rate. In a clear uptrend, we need to establish a concept: primarily go long and be cautious when going short! Do not be stubborn!
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