Anticipatory v/s Reactionary Trading
- Thread starter trader111
- Start date
U
trader111,
I have lost Huge money in Anticipating,well there are Gr8 Gr8 traders who could play on Hunches,you me & most of our members are simply mediocore or are just conform to standard ;in respect to playing smaller time frame & in Bull mkt everybody makes Money,plz refrain from Hopes / Hunches ,it will be beneficial for our financial health in the long run.More over we Trade a Set - Up ,we dont trade Hunches.
Asish
I have lost Huge money in Anticipating,well there are Gr8 Gr8 traders who could play on Hunches,you me & most of our members are simply mediocore or are just conform to standard ;in respect to playing smaller time frame & in Bull mkt everybody makes Money,plz refrain from Hopes / Hunches ,it will be beneficial for our financial health in the long run.More over we Trade a Set - Up ,we dont trade Hunches.
Asish
'A set of If-then scenarios' is to me the best definition of Anticipation - only i'd additionally try to figure out which one is the most likely scenario. The actual trade however still has to be based on some signal - anticipation can only help cutting down on the reaction time (that too if what has been the most likely scenario in my assessment translates into reality* - for all other cases i'd want to be more certain).
Regards,
Kalyan.
* as conveyed by the signal
Regards,
Kalyan.
* as conveyed by the signal
Last edited:
OK, back now.
If my words do not suffice, read over CV's various posts where he emphasizes that lack of knowledge is the reason for traders to loose money. I lost too when I started trading but that was not because of some psycho thing but rather that I lacked understanding of market action.
I never really heard about a gr8 trader who could play only on hunches. In my understanding all gr8 traders emphasized having a system- a plan of action.
what standard and what's not may be noted. As an analogy I account 80% of my profits to tape reading skills. Tape reading is quite standard for NYSE daytraders. I personally know many traders who trade NSE by the tape, may there are some here too:
http://www.traderji.com/equities/12196-elliott-wave-update-sensex.html#post84035
but they shy away from posting frequently for technical claims/forecasting in various threads.
such type of daytraders fail to survive more that few months.
never heard of anyone trading on hopes.
I too trade a setup, and I know when to play my hunches, though you dont include me in we. I trade moreover in anticipation when I follow the trend, in the anticipation that the trend will continue.
seriously Sir, can't understand even a bit of that
my apologies if I had been advocating on trading on hunches.
If my words do not suffice, read over CV's various posts where he emphasizes that lack of knowledge is the reason for traders to loose money. I lost too when I started trading but that was not because of some psycho thing but rather that I lacked understanding of market action.
I never really heard about a gr8 trader who could play only on hunches. In my understanding all gr8 traders emphasized having a system- a plan of action.
what standard and what's not may be noted. As an analogy I account 80% of my profits to tape reading skills. Tape reading is quite standard for NYSE daytraders. I personally know many traders who trade NSE by the tape, may there are some here too:
http://www.traderji.com/equities/12196-elliott-wave-update-sensex.html#post84035
but they shy away from posting frequently for technical claims/forecasting in various threads.
such type of daytraders fail to survive more that few months.
never heard of anyone trading on hopes.
I too trade a setup, and I know when to play my hunches, though you dont include me in we. I trade moreover in anticipation when I follow the trend, in the anticipation that the trend will continue.
seriously Sir, can't understand even a bit of that
my apologies if I had been advocating on trading on hunches.
U
OK, back now.
If my words do not suffice, read over CV's various posts where he emphasizes that lack of knowledge is the reason for traders to loose money. I lost too when I started trading but that was not because of some psycho thing but rather that I lacked understanding of market action.
I never really heard about a gr8 trader who could play only on hunches. In my understanding all gr8 traders emphasized having a system- a plan of action.
what standard and what's not may be noted. As an analogy I account 80% of my profits to tape reading skills. Tape reading is quite standard for NYSE daytraders. I personally know many traders who trade NSE by the tape, may there are some here too:
http://www.traderji.com/equities/12196-elliott-wave-update-sensex.html#post84035
but they shy away from posting frequently for technical claims/forecasting in various threads.
such type of daytraders fail to survive more that few months.
never heard of anyone trading on hopes.
I too trade a setup, and I know when to play my hunches, though you dont include me in we. I trade moreover in anticipation when I follow the trend, in the anticipation that the trend will continue.
seriously Sir, can't understand even a bit of that
my apologies if I had been advocating on trading on hunches.
If my words do not suffice, read over CV's various posts where he emphasizes that lack of knowledge is the reason for traders to loose money. I lost too when I started trading but that was not because of some psycho thing but rather that I lacked understanding of market action.
I never really heard about a gr8 trader who could play only on hunches. In my understanding all gr8 traders emphasized having a system- a plan of action.
what standard and what's not may be noted. As an analogy I account 80% of my profits to tape reading skills. Tape reading is quite standard for NYSE daytraders. I personally know many traders who trade NSE by the tape, may there are some here too:
http://www.traderji.com/equities/12196-elliott-wave-update-sensex.html#post84035
but they shy away from posting frequently for technical claims/forecasting in various threads.
such type of daytraders fail to survive more that few months.
never heard of anyone trading on hopes.
I too trade a setup, and I know when to play my hunches, though you dont include me in we. I trade moreover in anticipation when I follow the trend, in the anticipation that the trend will continue.
seriously Sir, can't understand even a bit of that
my apologies if I had been advocating on trading on hunches.
" my apologies if I had been advocating on trading on hunches"
suffices that you are not advocating trading on Hunches,probably you have understood the intention of my post.