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Hi all.
Following Al for a few years, I feel like I've reached the ''lightbulb moment'' and dots have connected.
To be honest, I've been confused with this course because how to enter and how to exit are very open-ended subjects in his teachings.
I wrote down my understandings/thought processes/guidelines about swing trading below. I would like to get insights from you guys.
1) Avoid TR.
2) For my personal preference, I don't trade MTR. I mean I don't swing from the exact start of reversals. I wait until some kind of BO and clear indication of Always In Direction.
3) Roughly speaking, I can enter at the market anytime if Always In Direction is clear. However, I should wait PBs depending on the Context and Market Cycle. Of course, using stop orders with signal bars is better.
4)Hold the position until opposite MTR setup forms, Always In Direction flips or SL gets hit.
Is my approach reasonable? I appreciate your feedbacks.
Thank you.
