To succeed with trend-following, simply target Dow Theory above all else

Trend-following is not something you can do successfully by just winging it

There are people who succeed, but there are people who do not

That is mainly unless you are aiming for Dow Theory

Because you cannot survive with only trend-following

There are people who endorse trend-following,

but they are just spectators. Those who are not participating in the market say such things from the sidelines

Basically

both trend-following and counter-trend have the loss stage at the reverse stage,

and they cycle in the same pattern

And trend-following moves only with Dow Theory

・Moved by Dow Theory

・Market opportunities from a Dow-Theory perspective are infrequent

These two form the basis

That is why it is hard to grow wealth with trend-following

In the end, unless you take a stance of leaving trend-following alone, you cannot survive or grow

To avoid getting dragged into a break-even situation

Trend-following is basically about leaving it alone

Repeating only that is the only way increasing capital with trend-following in a trend-following approach becomes possible

Usually Dow Theory of trend-following cycles in a 1:3 ratio

This is

The 1:3 price range

It may be based on a 15-minute chart

Or a 1-hour chart

Or there are similar variations

Beyond that, patterns change — that’s all

All market waves are patterns, after all

Moreover, analyzing and trading with trend-following in the first place

you lose whenever you realize you are losing, so it won’t work well

Because it doesn’t work well, you adopt a systematic form of trend-following

And in the end it is about leaving trend-following alone; this continues for a long time

Markets rise suddenly and fall suddenly

And that information disseminates to the market afterwards

In other words, that is the market

Scenario-based market judgments and trades are all prescient technicals

However, they are often wrong and are overly occult

So, ultimately, in poker terms

limit the number of trades to a certain amount

and approach trading by mastering the market, which is the only path

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