trendfollowing's Commentaries

Aug 12 2010

Predictive v. Reactive

You can’t predict. It doesn’t work. You can only react to market price movement. Oh sure, I don’t care much for the politics and economics I see these days (read: bailouts for everyone), but making your trading decisions off what some politician or Fed official grunts out on any given day is a sure fire [...]


Tags: trend-following
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