Direction is trend judgment, position is risk control.
The truly brutal aspect of the speculative market is not that it's hard to make a move where there are many people, but rather: even if you see the right direction, if you enter the wrong position, you may still lose everything.
Most analyses only stop at 'direction judgment' and rarely delve into 'how to act and where to do it.'
Therefore, even if the trend is correctly identified, the more you operate, the more you lose, and eventually, you may even start to doubt yourself: is the direction wrong? In fact, what is wrong is the position and rhythm.
