Following the trend only hits by luck
Momentum trading profits when the market makes a trend
Since profits occur only at that moment, it’s translated as a “fluke win.”
Trading at follow-up positions according to Dow Theory is effective, but
in the end, the final outcome is a fluke win
Momentum trading is fulfilled only with Line Trading and Dow Theory
Everything else tends to be unnecessary, so
Technical analysis is truly completely meaningless
After entering with momentum trading, noise occurs
If you keep watching technicals every time, you’ll face a storm of stop-outs
There is absolutely no method to win in the market without discretion
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Because it can be covered by an EA
The same logic applies to long timeframes
Long timeframes have accuracy, but because opportunities are scarce, getting beaten badly by false signals is meaningless
Keeping to one or two timeframes that you monitor is the best