I know perhaps this is not a good idea,but the following trend strategy will let me uncomfortable(I'm afraid trend reverse). Give me some suggest to judge the reverse point and reduce loss if the point is not a real reverse point. :confused:
I shall begin by placing the first stone......
STEP 1 THE TREND
- Determine if there is a MEANINGFUL TREND present
There are two types.
The meaningful ones:
Downtrend = lower highs, lower lows
Uptrend = higher highs, higher lows
The ones you should ignore (for now) because...