Trend following only hits by chance
Trend following profits when the market has formed a trend
Since it only profits at that moment, it’s called a “fluke win”
It is effective to trade at the follow-up positions according to Dow Theory
In the end, the final result is a fluke win
Trend trading and Dow Theory alone are sufficient
Anything else is unnecessary
Technical analysis is truly completely meaningless
After entering on a trend-following signal, volatility/noise occurs
If you keep watching technicals every time, you’ll suffer a barrage of stop-outs
There is absolutely no way to win in the market without judgment
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Because it can be covered with EA
The same logic applies to long-term charts
Long-term charts are accurate, but since opportunities are few, it’s meaningless to get blown away by false signals
Keeping the time frame you watch to just one more is the best
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