Because there is no absolute in the market, the idea is to simply engage in "trend trading" only
There is no absolute in the market
A ranging market isn’t a real market
The market is only a trend market
If you try to aim for a trending market, you’ll only see it through a trend-following lens
That will lead to losses
So add the concept of waiting for the right time
You lose because you try to read the market on a chart
Whether you look at it by shapes or by analysis, it’s the same
“I only see the market patterns”
The previous market movement is “irrelevant”
Only look at the market pattern that combines the previous market with the current one
Most market movements are “not reflected at all”
The market has no meaning
That’s why technical analysis is worthless*
Charts are just zigzags
Think simply in terms of N or M
All markets are influenced by the next higher time frame
Charts are enough with just the recognition of N or M
Only the market patterns matter from then on
Trend lines, range breaks, Dow theory—the only things needed are those
Only patterns are important
All markets are meaningless; trends don’t exist from the start
If you aim for infinite profits from trends, never try to gauge the trend
Assume there is no trend from the beginning
If you just place trades at random, you’ll end up catching the trend in hindsight
It’s a waste of time; you should remove all market analysis
Also, it’s not about push-and-pull or anything like that
There’s no need for push-and-pull trading
No need for trend-following or contrarian methods
No need for trends or ranges
Only market patterns are appearing
Trends and ranges can change as patterns dictate
Analysis is useless from the start