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It's hard to keep up with the markets
There has been some interesting banter in "the-official-asx-is-tanking-panic-thread" that goes to the very heart of trading. We all speak of bear & bull markets but rarely can pinpoint them accurately in the heat of trading. There are some experienced fundamental traders who tend to have the ability to discern the information accurately. Their conviction speaks volumes. Then there are those who use mathematics to calculate the market pivots using those to decide when to enter & exit a position, a combination of learned experience & gut feelings. Then there are system traders relying on pure mathematics.

What we know about trading could be all wrong
[USER=87319]@CityIndex[/USER] in the last few days made some great points that resonated giving rise to this post & a few others. Scattered throughout the "Dump it here" thread is a series of posts trying to explain risks & nuances with regard to trading. I remember years ago reading an article that goes on to explain that "what we know" about trading or the markets could be all wrong.

More to follow.

Skate.

<blockquote data-quote="Skate" data-source="post: 1177866" data-attributes="member: 57364">It&#039;s hard to keep up with the markets There has been some interesting banter in &quot;the-official-asx-is-tanking-panic-thread&quot; that goes to the very heart of trading. We all speak of bear &amp; bull markets but rarely can pinpoint them accurately in the heat of trading. There are some experienced fundamental traders who tend to have the ability to discern the information accurately. Their conviction speaks volumes. Then there are those who use mathematics to calculate the market pivots using those to decide when to enter &amp; exit a position, a combination of learned experience &amp; gut feelings. Then there are system traders relying on pure mathematics.What we know about trading could be all wrong[USER=87319]@CityIndex[/USER] in the last few days made some great points that resonated giving rise to this post &amp; a few others. Scattered throughout the &quot;Dump it here&quot; thread is a series of posts trying to explain risks &amp; nuances with regard to trading. I remember years ago reading an article that goes on to explain that &quot;what we know&quot; about trading or the markets could be all wrong.More to follow.Skate.</blockquote>

[QUOTE="Skate, post: 1177866, member: 57364"] [B]It's hard to keep up with the markets [/B] There has been some interesting banter in "the-official-asx-is-tanking-panic-thread" that goes to the very heart of trading. We all speak of bear & bull markets but rarely can pinpoint them accurately in the heat of trading. There are some experienced fundamental traders who tend to have the ability to discern the information accurately. Their conviction speaks volumes. Then there are those who use mathematics to calculate the market pivots using those to decide when to enter & exit a position, a combination of learned experience & gut feelings. Then there are system traders relying on pure mathematics. [B]What we know about trading could be all wrong[/B] [USER=87319]@CityIndex[/USER] in the last few days made some great points that resonated giving rise to this post & a few others. Scattered throughout the "Dump it here" thread is a series of posts trying to explain risks & nuances with regard to trading. I remember years ago reading an article that goes on to explain that "what we know" about trading or the markets could be all wrong. More to follow. Skate. [/QUOTE]

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