only placing orders where the odds are highest either not entering the market or entering with the goal of high odds
It filters out many floating-loss orders which can greatly reduce drawdown
But it’s a double-edged sword meaning there will be many missed opportunities When the rhythm is off, like now both bulls and bears miss the trades
Similarly, chasing rallies and selling dips allows you to catch trends but in choppy markets, repeated wear and tear can be very uncomfortable
Strategy execution is the key
Keep waiting, even holding cash is very frustrating
Controlling your hands is very important
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The advantage of key position trading is
only placing orders where the odds are highest
either not entering the market
or entering with the goal of high odds
It filters out many floating-loss orders
which can greatly reduce drawdown
But it’s a double-edged sword
meaning there will be many missed opportunities
When the rhythm is off, like now
both bulls and bears miss the trades
Similarly, chasing rallies and selling dips allows you to catch trends
but in choppy markets, repeated wear and tear can be very uncomfortable
Strategy execution is the key
Keep waiting, even holding cash is very frustrating
Controlling your hands is very important