DiscountedNode

【Node Failure】
When a node is broken, the mindset immediately reverses
The biggest taboo in trading is holding on stubbornly after a node is broken.
A node is your logical bottom line; once the bottom line is broken, the logic is invalid.
Before entering the market, set your defensive nodes:
Long positions, defend at the previous low;
Short positions, defend at the previous high.
Once the node is effectively broken:
• Do not add to your position
• Do not gamble on luck
• Do not delay
If the node holds, the mindset remains; if the node breaks, the mindset is broken.
Deci

【Turning Point Strength】
A turning point without strength is just playing tricks
Many turning points appear perfect in form, but fall apart after a couple of steps.
Core issue: lack of strength.
Strength is reflected in the size of the candlestick body, trading volume, and the speed of breakout.
Weak turning points: small bullish or bearish candles probing downward, hesitant and sluggish;
Strong turning points: large-bodied candlesticks, increased volume, decisive in one move.
Judging the strength of a turning point:
1. The larger the body, the stronger the strength
2. Breakouts with volume ar