Quote from trade-ya1:
If you haven't guessed, I like to have a hypothesis and see it confirmed by market action before getting aggressive. I am ready to bite the ass off a bear if my thoughts are confirmed by market action, however, I try to stay in my shell and play defense prior to seeing confirmation that my ideas are correct. This way, I can't lose too much if I'm wrong.
yes, the scientfic method. check your PM box.
dave
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