Overview of "No Road, No March" in Swing Trading
Swing trading involves various strategic theories, including "No Road, No March." Many investors lack proficiency in this technique. Today, the editor of Winner’s Academy will analyze it with corresponding charts.
What Is "No Road, No March"?
When a stock’s trend—whether upward or downward—remains unclear, refrain from impulsive actions. Research and trading should follow "qualify first, quantify later": determine the trend direction before executing strategies.
How to Apply It?
-
Assess the Trend: Identify if the stock is in an upward or downward channel.
-
Adjust Positions: Base holdings on the trend conclusion. If unclear, avoid the stock entirely—inaction is the best way to prevent mistakes.
-
Market Context: If the broader market lacks clear direction or hotspots, it also falls under "No Road." Avoid heavy positions; instead, reserve liquidity to adapt to fluctuations (e.g., adding or reducing shares).
