Trend is King! Are you still stubbornly sticking to specific points?
Guys! Has the recent market made you scratch your head? It was said that 2480-2520 is a resistance line, but the main force directly pierced through to 2481, forcibly liquidating short positions!
Does this operation resemble a scumbag coming back? If it pushes up to touch 2520, we need to keep our eyes wide open — after all, the previous few dives didn't throw off the high-leverage shorts, will this time add another jab?
To be honest, if the direction is wrong, what’s the use of focusing on those few points? To trade the big trend, we should broaden our perspective and not just stare at the intraday chart all day!
Recently, a narrow stop loss is just sending people to their doom; even with the right direction, you could still get pierced. By the time we publish an article calling for a catch, the opportunity might be long gone, right?
So, when it’s time to switch to trend trading, just switch! The trading model needs to adapt to the market changes; don’t go head-to-head with the trend, or else when the stop loss is raised, it can take you out in an instant, believe it or not?
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