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I've long wondered what a trend really is. Honestly, this concerns not only me — most traders have been dealing with this problem for years. According to standard definitions, a trend is simply the general movement of something toward an unclear goal. But that sounds too vague, doesn't it?
In "The Theory of Trading: True Yin and True Yang," it's much more specific. There, a trend is explained through a clear system: after true Yang comes a long-side trend, after true Yin — a short-side trend. This is no longer just philosophy; it's a quantitative theory with precise rules. Most people just follow an unclear trend without understanding its essence.
True short selling is Yin, true Yang moves into the long position. The main thing here is to wait. Wait for the right signal, wait for the true movement. Intermediate holding is not passivity; it's a strategy.
When this theory started to be popularized, of course, a wave of criticism arose. People attack anyone who says something new, even if it's said with good intentions. That's just human nature. But if you have real objections, express them specifically. That would be constructive.
Understanding what a trend is in the context of this theory changes the entire approach to trading. It's not just following a chart — it's understanding the true movement of the market.