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Projekt Fear!

  #8 (permalink)

East Coast, Florida
Trading Experience: Intermediate
Platform: IRT/S5
Favorite Futures: ES
New Level's Avatar
Posts: 53 since Feb 2014
Thanks: 3,310 given, 77 received

DionysusToast View Post

Let's say you were selling oranges. You were in a market where all the other stalls sold oranges for $5 a kilo. If the customers walk to your stall, they pay $3 a kilo. Will people be inclined to buy at $5/kilo or will they pass those deals and pay $3?


Can the other vendor hold up a sign in front of my sign that says $8/Kilo until he sells all his? jk

I've obviously heard the term "stop hunting" but I've never given it much thought, it just doesn't seem like something that I could reliably factor into my trading so I can't justify spending time/energy on it. There are so many paths to explore that can help us become better traders, gotta avoid the dead ends.

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