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The S&P, Bond market are heavenly traded everyday. People look for
different ways to trade these markets hoping to find the inter secret that
would allow them to win all the time. In this pursuit people have different
ideas of why these markets do what they do. Is it simply a chaos type thing
with the herd or sheep being pushed here and pulled back there. Then to
trade that you need an indicator to determine the trend or force of the
herd so you cold join the sheep. Then you would need an indicator to exit
before the actual slaughter happens. If you believe a supreme order is
controlling theses markets sometime referred to as smart money. You need to
find out what method they use to lure the sheep into the daily slaughter.
Do you trade over sold over bought indicators or do you follow trend
indicators. Do you use a combination of the two with a trend strength
measuring indicator. Do you use patterns, volatility, volume, momentum to
measure what the sheep are going to do next. The system trader looks at all
this then compromises to get the percent of profitability he needs over
time. He clams his way is the best because its void of human emotion and
firmly based on mechanical results from math. The technical trader uses his
discretion to try and improve on the over percent by eliminating certain
times to trade and when not to trade. Then there is the camp that attempts
a little of both. The fundamentalist ignores all these methods and simply
trades supply and demand. Then you also have a combination of a
fundamentalist and a technician. Then we have a newer way called fussy
logics where the computer does what you do with patterns yet can eliminate
the emotions and improves on what the necked eye sees and can consider much
more data when comparing similar results. Ever wonder why one guy with
equal intelligence and experience chooses one way to trade and the other
choices another? I do a lot. More time than sense tonight.
Robert
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