The biggest problem and challenge any market participants is NOT the lack of knowledge but rather the lack of SIMPLE systematic analytical methodology.
We all know price move in trends and we all know that trend "change" overtime as it progress.
The next question is WHAT do we consider as TREND CHANGE or reversal. IF we can set the criteria that defines trend change than we have PROBABLY solve a major mystique.
The other MYSTIQUE that need to be address is the TYPE of Orders to Enter the market and to EXIT the market as well.
IF one has defined the criteria for trend change and back tested with reliable accuracy, logically one should be able to execute the ENTER or EXIT positions base on the criteria. Whether it is STOP orders or LIMIT executions will depends on ones comfort zone.
Over the years, I have "grown" and "mature" with the market. I have learnt the importance of the ANCHOR time frame to determine Trend reversal/change and using the lower time frame to trade along the anchor time frame.
Also using the higher time frame "above" the ANCHOR time frame as a confirmation of trend change/reversal.
Once one is able to grasp this, the need to scalp or trade frequently becomes the thing of NON Necessity.
Therefore one should have the Hypothesis ... like any other scientific methodological research and criteria to validate them.
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