I have a minority opinion on this. With three types of trends any of which that could be in effect for part of the market's open period and also the consideration of what could be going on in the remaining open time period, the idea of using your (this) assessment (knowing with relative certainty) in any given instant of time to carry on an effort over time won't stand up over trading open market periods.
The alternative to seeking an edge is to seek a comprehensive approach to cover market conditions. I believe you start with basic money making and grow capital. As you grow capital more successfully (higher money velocity over time), you expand the time you spend in the market to cover more and more market conditions. There is no edge orientation to this as I see it.
When you are in the market,the risk to be in is very very low. There is no concept of a target for instance. The concept is to only do what you know how to do. As you understand more you expand your time in the market making money.
