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IS IT POSSIBLE TO BOTH RANGE BOUND and TREND TRADER?


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IS IT POSSIBLE TO BOTH RANGE BOUND and TREND TRADER?

  #1 (permalink)
 drago1 
windsor, Ontario
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I had an epiphany of sorts lately and realized i am simply a crap trader when mark grinds away in a trend move. But rotational markets i can pick off trades all day. I know i watch longingly as a market races away without me but i wonder if trading range bound markets versus trending are mutually exclusive mind sets. I would be curious as to other opinions on this. Ciao.

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 wldman 
Chicago Illinois USA
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and in turn taught others...to trade what is there. Mastering one skill is difficult enough, but imo it is requisite if you expect to be long term consistent.

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 tturner86 
Portland, Oregon
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You trade what is there but you also only trade when you have an edge. If you have no edge in trends, don't trade trends.

Personally I have different strat/rules for a range vs a trend. My only job when I trade is determine the context and apply the correct strat when trading. In a trend buy or sell on pullbacks, in a range buy low sell high and scalp.

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Last Updated on September 25, 2014


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