It is my pleasure to welcome Linda Bradford Raschke for our 328th webinar event on Tuesday, December 4th @ 4:30 PM Eastern US.
The title for this event is "Mean Reversion, Trend Trading & Breakouts: Remaining Agnostic & Putting It All In Context", and bullet points include:
- Understanding the critical concept of “Value”
- You don’t need to be a Jack Of All Trades
- Be discriminating of a favorable trading environment
- Are you better at counter trend trading than at trading breakout strategies, that’s OK
- What about mean-reverting strategies?
- When is there opportunity left in the trend?
- Incorporating important Market Profile techniques
- Gain confidence trading supply/demand imbalances
You don't need to be a jack of all trades, but you do need to be discriminating regarding the environments that favor your play. Let's review the three most important variables used to determining context.
Traders that are good at countertrend trading are not always adept at trading breakout strategies. This is OK. But it is also easy to get frustrated when the train has left the station and you are not on board.
An inexperienced trader often looks to mean-reverting strategies, feeling price has gone too far too fast.
Here are several ways to frame things out differently. When is there still opportunity in the direction of the trend, even though it feels like you missed the boat? How does one stay technical in the murking haze of market profile concepts? Why are breakout strategies so easy for some and hard for others? How do we overcome our discomfort with different styles, be it trend trading, mean reversion or breakouts?
Join this illuminating presentation on looking at data differently. Gain confidence in trading the most extreme demand and supply imbalances. What is "value" and is it time to throw it out the window? Harness a Bayesian approach to your trading.