Always In Vs Market Cycle

The “Always In” concept is integral to the market cycle.

The market cycle is inherently part of the “Always In” strategy.

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Example: Imagine your best soccer player is limping. As the head coach, you must decide whether to keep him in the game. Regardless of your decision, the game plan changes.

The “Always In” approach adapts to any market changes.

 Thanks for the feedback

I don't understand the soccer example very well.  Does the injured soccer player represent a bad trade that you have to manage?

I’m not certain if my example is the best, but I wanted to convey that the premise might have changed in some way.

Premise change is a Market Cycle exit.  

Always In only exits @credible opposition (must re-enter ASAP) or AI Direction Flip.

Would agree with Mike that the market cycle is a part of always in.

From my pov the always in direction means in which direction the trend is moving at that moment.

For your mentioned example W

Posted by: w

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Bull Example>

• Bull Breakout = buy for any reason
• Tight Bull Channel = buy BO , then buy PBs
• Broad Bull Channel = mainly buy , but can trade both ways (sloped TR)
• TR = BLSHS
• Reversals = scalp minor reversals, swing needs MTR.  Higher Probability after BO.

I would try to anticipate what this means to other, specially higher time frames to identify if these align with my current one which I'm trading so M5 fe.

BOs of any kind are BOs on HTF or even a one big trend bar in the end where you do not see the "minor reversals inside" and TRs are a sort of equilibrium where sellers and buyers agree to a certain price range, when you can identify a successful BO out of it you have a great system.

Looking at the micro level bar by bar brings you the same info for a shorter period of time to generate more trades. So in general the only reasonable Q is, is it a trend or a TR atm.

Great question W, I am new to the course and I agree with you and others. I think always in should not be a reason to buy or sell. It totally depends on the context as per me. 

Market can temporarily be AIS and yet be in a bull channel. Does that mean you sell? As per me no. you still look to buy as long as the context says it's a bull channel. you can sell for a scalp if you are a very experienced trader and can manage the trade perfectly yet the chances are it might not be profitable. 

when the market breaks out with a follow through to the up side, by default it is in AIL and you buy. Giving it just another name doesn't change your decision you still buy for any reason as you know it's breaking out to the up side and there is follow through. 

it's an interesting concept but nothing supersedes context.  

This may be the key: 

from the book, "Traders should consider using an always-in approach if they tend to miss too many big moves."  

So maybe Always In is a trend strategy to force entry during significant breakout & keep traders in the market during minor reversals (or exit @credible opposition but mandatory re-enter at next reasonable signal).

And maybe Market Cycle is not a strategy, but just a map of the market.