Скачать или смотреть Reactive Trading vs Predictions: Which one is for you? - AUDIO

Reactive Trading vs Predictions: Which one is for you? - AUDIO


Reactive technical analysis versus predictions
“Trend followers are the group of technical traders who use reactive technical analysis. Instead of trying to predict a market direction, their strategy is to react to the market's movements whenever they occur. Trend followers respond to what has happened rather than anticipating what will happen. They strive to keep their strategies based on statistically validated trading rules. This enables them to focus on the market and not get emotionally involved. ” – Michael Covel
Traditional technical analysis is based on forecasting future price movements based on past price action. This book is about reacting to current price action. The best traders in the world stay flexible and can change their trades quickly. They can also stay with a winning trade and allow it to trend as far as it will go, capturing huge wins when possible. Reactive technical analysis doesn’t exit a winning trade until there is a reason to exit, and it prompts traders to exit losing trades when price action proves them wrong.