Review | A Trading Reflection Inspired by 'Market Wizards'
Re-reading (Market Wizards) at night, I saw a sentence that I had overlooked before:
'The secret to trading lies in deciding whether to trade short-term or long-term based on the holding time you can endure. The vast majority of trend followers choose to trade medium-term. The best trading strategy should try to avoid swings and inconsistent compromises.'
This sentence 'Avoiding the swings and the inconsistent compromises' is almost a precise hit on my current trading system.
My question: I have turned my trading system into a 'Frankenstein'.
My trading system was actually very simple and easy to execute at the beginning.