For some time, I had consistently been advocating a short-position strategy as the market surged higher, then pulled back and fell. During yesterday’s decline, I twice looked to go long on a pullback. The first attempt resulted in a small loss, but I went long again in the early hours of the morning near 2,400–2,420 and 80,500–81,000. After hitting a low, the market rebounded and rallied. It has now reached around 82,500 and 2,500, so the upside is there for all to see. The most important principle in trading is to follow the trend, rather than make subjective predictions. When the market is moving with the trend, be patient and hold your positions to capture the full swing. But once market signals change, don’t cling to your original strategy—know when to adjust your direction.
Markets never stay the same, and shifts between bullish and bearish conditions can happen in an instant. Stubbornly holding on to an old view can easily backfire. Stay flexible in your trading, adjust your strategy as market conditions change, and be decisive when it’s time to change course. Don’t fixate on a single direction; respond to real-time market movements to protect your gains and manage risk amid volatility. Follow the trend without blindly following it; when the market turns, don’t stubbornly resist. Stay flexible to trade for the long term.
Markets never stay the same, and shifts between bullish and bearish conditions can happen in an instant. Stubbornly holding on to an old view can easily backfire. Stay flexible in your trading, adjust your strategy as market conditions change, and be decisive when it’s time to change course. Don’t fixate on a single direction; respond to real-time market movements to protect your gains and manage risk amid volatility. Follow the trend without blindly following it; when the market turns, don’t stubbornly resist. Stay flexible to trade for the long term.
