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Directional Bias
- Thread starter jboydston
- Start date
Commisso, respectfully too, I always appreciate your posts.Originally posted by Commisso
Most of my plays over the last 2 years or so have indeed been short BUT that does not neccesarily mean that "I" have a bias to the short side... The market has been in a solid downtrend therefore she has the bias to the downside...
I do think you do have a bias in your case too, since you choose to trade directionally a market. OK, the market itself is down, not you (you just follow it). but you could also choose to trade the gold market which is in a up trend.
this choice is a bias.
However, I do aknowledge your point : you are short because the market is short, not because you prefer shorts.
tntneo
Originally posted by tntneo
OK, the market itself is down, not you (you just follow it). but you could also choose to trade the gold market which is in a up trend.
this choice is a bias.
this seems a bit of a stretch, the New Zealand dollar might be going up too but that doesn't mean we are anti bull if we don't open an acct on the kiwi exchange
imho the bias debate should be limited to the playing field of one's experience, especially since style drift can be a killer
Originally posted by tntneo
Commisso, respectfully too, I always appreciate your posts.
I do think you do have a bias in your case too, since you choose to trade directionally a market. OK, the market itself is down, not you (you just follow it). but you could also choose to trade the gold market which is in a up trend.
this choice is a bias.
However, I do aknowledge your point : you are short because the market is short, not because you prefer shorts.
tntneo
Well see here is the thing Tnt, I suspect I experience the markets and trading in a different manner than 99% of the participants out there...
For me, i do not really view the game from the outside... For me there is no subject (trader) and object (market)... It is more like an inbetween... The best way I can put it into words is by using a coin as an analogy... Heads (trader) Tails (market) the part on the sides holding both together is where I am at...
What I am trying to say is that while in the thick of play "I" am not really deciding to do anything... My only objective is to get into harmony or synch with the market, "my" descions are totaly spontaneous and determined by "her"...
Therefore I truly do not have a bias... While I would not go as far as to say "I" am the market, "I" think and act like the market...
BTW I only trade the NQ, so jumping from a bullish market to a bearish market simply does not exist for me...
and I too value your posts tnt
PEACE and good trading,
Commisso
commisso,
I think I know what you mean. When I trade 'specialist surrogate' I do a bit the same. I mean trying to be the market (although I trade what many would say is 'against' the market).
I think what you are doing is very hard to do and it's very cool.
I also built a system for a client which specifically only attempts to 'follow the river' that might be more the way you are trading than against the market like I do.
darkhorse, I think my opinion made sense and I tried to explain it. but to each its opinion. you may be right.
tntneo
PS : darkhorse. it is a bit of a stretch. what I meant is this : most traders have a bias. they chose a method and market(s) based on that bias even though they are not fully aware of it. Many were using the same setups very long after the Nasdaq turned bear, and lost a lot. Now they are short and may lose a lot when it turns bull.
Few are the traders not biased. the few are usually the profitable ones too.
I think I know what you mean. When I trade 'specialist surrogate' I do a bit the same. I mean trying to be the market (although I trade what many would say is 'against' the market).
I think what you are doing is very hard to do and it's very cool.
I also built a system for a client which specifically only attempts to 'follow the river' that might be more the way you are trading than against the market like I do.
darkhorse, I think my opinion made sense and I tried to explain it. but to each its opinion. you may be right.
tntneo
PS : darkhorse. it is a bit of a stretch. what I meant is this : most traders have a bias. they chose a method and market(s) based on that bias even though they are not fully aware of it. Many were using the same setups very long after the Nasdaq turned bear, and lost a lot. Now they are short and may lose a lot when it turns bull.
Few are the traders not biased. the few are usually the profitable ones too.
Originally posted by tntneo
what I meant is this : most traders have a bias. they chose a method and market(s) based on that bias even though they are not fully aware of it. Many were using the same setups very long after the Nasdaq turned bear, and lost a lot. Now they are short and may lose a lot when it turns bull.
true dat
They call me sellingrich...things seem to go down alot faster than they go up...