Info!! When Dependent Champaign Works--And When It Doesn't

Trader Influenza A virus subtype H5N1 has a preferred trading style.  It mightiness endure a momentum style; it mightiness endure a directional style.  It's a mode that fits Trader A's personality too that has made coin inward the past, too then Trader Influenza A virus subtype H5N1 sticks to that style.  In sticking to what fits his or her personality, Trader Influenza A virus subtype H5N1 demonstrates discipline.

Trader B has preferred trading "setups".  These are patterns inward the marketplace position that brand the virtually feel to Trader B.  Those patterns mightiness endure breakout patterns; they mightiness endure patterns of hateful reversion.  Trader B has seen these patterns operate out, too then Trader B sticks to trading those setups.  In sticking to what fits his or her agreement of the market, Trader B demonstrates discipline.

Trader C studies the sort of marketplace position we're currently experiencing.  Trader C has used unopen to basic dimension reduction methods to boil markets downward into a few categories, such equally cost modify too volatility.  Once Trader C figures out the sort of marketplace position we're in, Trader C studies the edges acquaint inward that type of market.  In trading alone the edges acquaint inward the electrical flow market, Trader C demonstrates discipline.

Three traders, iii forms of discipline.

Two of those traders are losing money.

Are you lot trading what you lot subjectively prefer, or are you lot trading what is objectively acquaint inward the market?

I submit that the respond to that query accounts for much of the success too failure we're currently seeing with traders too trading firms.

Further Reading:  When Technical Analysis Works too Doesn't Work

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