How to reverse your bias in market direction?

[kut2k2]

Unlike the platitudes on this thread--- the reality is you need to have a bias and anticipate what the market will do. Trade what u think not what you see-- until you enter, then trade what u see. Because THE FUTURE IS UNWRITTEN.

surf

LOL

Profitable trader: look before you leap.

Surf: leap before you look.

No wonder your hedge fund died.

 

[murray t turtle]

Its not a question of 'how'. Its a question of do or die. The ability is part of your personal make up or its not.

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Great quote;LOL
Another way to do it; study enough to find out what George Soros meant when he said ''the market has a bias'' I did so bad in early active trading , I knew for SURE the market was NOT random.

Wisdom is profitable to direct.....

 

[Speculate]

Just another platitude.

How do you trade the reality of the future??

I dont. I trade the reality of now. Without any bias or opinion. I try to anyhow. Unfortunately my crystal ball broke about the same time I stopped losing money.

Another platitude to the seekers out there perhaps?

 

[marketsurfer]

I dont. I trade the reality of now. Without any bias or opinion. I try to anyhow. Unfortunately my crystal ball broke about the same time I stopped losing money.

Another platitude to the seekers out there perhaps?

Ok--- I don't understand how you do that since you are responding to the past by default--- but it's cool-- everyone has their own idea and all that really matters is that you are profitable! If you ideas make you money keep at it! surf

 

[heavenskrow]

You know what after the past 2 days market action, I am just going to stick to my bias, cover at support levels, re-enter at resistance with my bias =]

 

[Eddiemorra]

I took 17 trades today (ES).
14 of them were shorts (so i guess I had the bias right), but I managed to lose 27 ES points!
Worst day in months. Just kept getting stopped out.
bloody technical analysis/charts - rarely seems to work!!