In the sideways phase, I only do two things
When the market is sideways, I won’t forcefully 'create opportunities', I only do two things:
① Draw ranges, prepare the 'long at low and short at high' script
The repeatedly touched low point = lower boundary of the range, consider buying in batches;
The repeatedly suppressed high point = upper boundary of the range, consider reducing positions or shorting in batches;
Places outside the range are not considered for now.
② Watch for breakthroughs, wait for a real volume increase to choose direction
Upward breakthrough: if the pullback does not break the upper boundary, switch to a trend-following long;
Downward breakdown: if the rebound does not surpass the lower boundary, switch to a trend-following short.
Sideways is not 'unable to make money', but it tests you more:
Can you resist the urge to act when there are no opportunities.