Here's the question that has been bothering me for many years as a trader: what exactly is a trend? When I look at standard definitions from textbooks, they sound so vague and uncertain that it's hard to apply them in practice. Everyone talks about some general movement toward an unclear goal, but that doesn't help in trading.

But in "The Theory of Trading: True Yin and True Yang," a clear definition is given. After true Yang begins an upward trend, after true Yin — a downward one. This is specific and applicable. When I understand this definition, it becomes clear: most people simply follow undefined trends without understanding their nature. Interestingly, although this theory is based on traditional concepts of Yin and Yang, it is actually a quantitative system. The essence is to wait for a true signal, not chase every movement.

I remember when a well-known analyst started promoting this approach, he was harshly criticized. People attacked just like that, even without understanding the essence. Perhaps this is a feature of our mentality — it's easy to condemn a stranger, even if he speaks with good intentions. But if you have real objections, state them specifically. That’s a sign of a competent person.

It’s important to understand that a trend is not just a price movement, but a clearly defined market condition that requires waiting for the right moment. Intermediate position holding is part of the strategy; the main thing is not to rush.