[Question] Is "uneri-tori" a side move/turnaround? If it is a turning point, I think the profit would be large. [Answer]
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【Question】
Is wave trading a form of turning point trading?
If it is turning point trading, I think the profits could be large
Taking profits when gains exist and enduring those losses until then
Even when profits come, if losses increase
I think the total profit would turn negative
Would that be manageable in such cases?
【Answer】
Yes, I think
It’s acceptable to think of it as turning point trading
Indeed there are merits and demerits to turning point trading
In reality, markets move with price action, and in the end the movement aims to resemble turning point trading
In the markets
There are small-, medium-, and large-scale trend markets
And there are range markets (some people even call it noise)
But the actual main market is
Always a large-scale trend market
So when you trade turning points, there are moments when profits become large
For that reason, it is possible to adapt to it
Currently, to profit in FX, trending with the trend is effective
Turning-point trading is recommended for both beginners and intermediate traders
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