Good time and bad time to trade

Good time and bad time to trade !

Every traders including myself, of course, need to learn to know what's the good time to trade as well as the bad time to trade.

I believe the only good time to trade is to trade the inevitable trend !

So the key is to discover the inevitable trend and then follow it !

For now, I am expecting a DOWN wave to come. As described last Friday, "However, for the Bull's sake, I really hope the expected DOWN wave can come sometime next week, if not already started from yesterday's high of ~1980, which may still be possible to date !" The down wave, maybe or maybe not, already started from last Thursday, ~1980. That's what the market is doing now ! It is seeking the direction and then to reconfirm it !

But, I don't plan to trade this DOWN wave because it may be another BEAR's trap. Simply put, it is not an inevitable trend, according to my own definition! After that, there will be an UP wave, then I will observe what the market will do then and make a decision in the next DOWN wave.

So far, in the NASDAQ chart, there are three inevitable trends.

1. 1265 UP to 1773
2. 1677 UP to 1879
3. 1727 UP to ???(1979 or 1995 or ???)

Some characteristics of these inevitable trends:

• All trends are along the same direction
• All trends are profitable in terms of the trend movement range

Again, only trade the inevitable trend! That's the key to follow the market !