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Your edge vs recent market behavior
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Your edge vs recent market behavior

  #11 (permalink)
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Yuri57 View Post
First can you tell us what you mean by: "recent market behavior" ?

What exactly do you think has changed?

Depending on your system and your understanding of price action the market may never change behavior except maybe for the volatility which will affect the range of daily price movement.

However, when people refer to change of behavior, in many cases, it is in relation to arbritary points of reference. For example, your market may be in a bull or bear phase or a recovery phase or in an accumulation/distribution phase. The exact yardstick to measure these phases may be unique to you and you may become convinced that the recent market behavior has changed in relation to your model of conceptual change.

People will also refer to a change of behavior when statistical outputs connected with series of events differ significantly with the past.

If you are a day trader you will mostly not see these changes (except for the volatility) or they won't affect you very much. I think this question is directed mostly to swing or mechanical traders.

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  #12 (permalink)
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trendisyourfriend View Post
Depending on your system and your understanding of price action the market may never change behavior except maybe for the volatility which will affect the range of daily price movement.

However, when people refer to change of behavior, in many cases, it is in relation to arbritary points of reference. For example, your market may be in a bull or bear phase or a recovery phase or in an accumulation/distribution phase. The exact yardstick to measure these phases may be unique to you and you may become convinced that the recent market behavior has changed in relation to your model of conceptual change.

People will also refer to a change of behavior when statistical outputs connected with series of events differ significantly with the past.

If you are a day trader you will mostly not see these changes (except for the volatility) or they won't affect you very much. I think this question is directed mostly to swing or mechanical traders.

Very accurate answer! I completly agree, thanks for writing!

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  #13 (permalink)
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Yuri57 View Post
First can you tell us what you mean by: "recent market behavior" ?

What exactly do you think has changed?

The poll is purposely subjective. People answer based on their definition and beliefs.

Sent from my LG Optimus G Pro

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  #14 (permalink)
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Same topic as May 2013, new poll now running.

How has your edge been impacted by recent market behavior?

Total votes: 149
 


Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
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2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
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  #15 (permalink)
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i voted slightly negative, but I truly believe it is just my personal inability to understand or take into account the increased volatility. It's not Sept any more.

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  #16 (permalink)
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Increased volatility is my friend. Since the beginning of the year ==> 62 trades, Win Rate 74.19%, Profit Factor 3.85

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  #17 (permalink)
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My main edge hasn't given me much in equities or metals. Oil has been treating me well though.

Psychology > Strategy ≥ Money
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  #18 (permalink)
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Massive l View Post
Oil has been treating me well though.

I always knew you were a little crazy... confirmed.
in all seriousness, good to see all is well buddy and that oil is providing some spending money for you!

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  #19 (permalink)
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I would not know how to define my edge... it has no effect on how I do my TA and the recent market behavior would be defined for me anyway as the plummeting oil price.

In the Canadian market this has had serious consequence across the board... not just O&G sector but also financial and consumer industries... some like banks have reacted negatively others like airlines have had a positive response to oil price decline.

Another part of my edge is understanding the markets and in the Canadian markets there has been no difficulty. I have exited positions during the crash in share price (50% in the case of most oil companies) and preserved capital keeping it in cash.... now there are lots of opportunity that oil has leveled out and on a slight rise. So in Canadian markets I am like a kid in a candy shop....so many long term choices to chose from.

In American markets and you can see this in my American journal, other than TA I have no edge at all. What is my normal hunting ground ($1 - $10/share) seems to be utter trash in the American market...even in the $10 - $30 price range you have to be careful it seems. I have only learned this by trying to create an American journal here...and I struggle using the same techniques I use in Canada which do not seem as efficient here.

So I would not say I have the second half of my edge in American markets...the TA is fine ... no problem there but I do NOT understand the American market so that aspect is non-existent and is the reason why I struggle with that aspect of my portfolio of stocks.

The market has no impact at all.... a cornucopia on one hand in the Canadian market... utter frustration on the other as I struggle to understand the American market... I have no edge there...yet.

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  #20 (permalink)
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Repeating this poll, please vote and discuss.

How has your edge been impacted by recent market behavior?

Total votes: 350
 


Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote

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