POLL: What is the Most Important Thing in Trading?
- Thread starter rcanfiel
- Start date
Nice poll.
Some or many of the topics work together. Your edge can exist in money management, etc.
Some or many of the topics work together. Your edge can exist in money management, etc.
C
Candara
Cash 
Interesting comment that in many ways reflects the view of a significant number of traders in that their view is:
- felt very strongly
- black & white - no shades of gray
- superior - while other viewpoints are invalid
Recently another op stated similar views about TA.
Otoh, I feel it's important to be flexible and extremely observant - to listen to the market. Over the years, I've found a number of signals that work to varying degrees in different markets & different market conditions depending on a variety of factors. Some of these factors are rigidly defined / definable while others are more subjective. When several signals converge, the strength (probability of success) increases dramatically.
As long as markets are traded by individuals who are subject to biases inherent to the human psyche, market evaluation processes based on absolutes have inherent weaknesses, imho.
R