1. The current recommended trading strategy is to focus on range-bound and downward movements, explicitly stating that there is no one-sided market trend and no illusions of reaching $100,000. It emphasizes multiple false breakouts and sharp price swings, advising strict adherence to the strategy. It does not mention long rallies or tentative long positions, favoring short-term short or range-bound trading.
2. Position and Risk Management Recommendations: The recommendations emphasize the need for strict control over position size, emotions, and entry timing when using leverage, implying that heavy short selling is not short. While no specific profit-taking or stop-loss levels are specified, the recommendations highlight key risk management principles. It is advised to use small positions or trial trades, paying close attention to entry points and emotional management to avoid being misled by false breakouts.
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