The so-called indicators (MACD, KDJ, RSI) are secondary processing of price, extremely sensitive to short-term fluctuations, and can easily cross back and forth in a short period of time. In contrast, the chart structure—the highs and lows of Dow Theory, support and resistance transitions, and trend lines—is the trajectory of price itself, which is relatively more stable.

The smaller timeframe must obey the larger timeframe, and a rebound is not a reversal. Trade with the trend; even if a trade is stopped out, it is not a big deal. A great winner does not care about the gain or loss of a single battle. Going against the trend, even if profitable, will not make you a consistent winner.

On this side of the door is the noise of the market; on the other side is the discipline of trading.

Where you go is important, but who you walk with is equally important. Follow me through the bull and bear cycles and reap the rewards of cognitive insight.