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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.
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.
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!
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.
