Predict Market Direction vs React To Market, Which Strategy Do You Believe in to Work ?

Young Ho Seo
106659
  • 45% (13)
  • 41% (12)
  • 14% (4)
Total voters: 29
Pablo Jaguanharo Carvalho Pinheiro
788
'Both works' option is missing...
with a good risk management many strategies work!
Young Ho Seo
106659
Pablo Jaguanharo Carvalho Pinheiro #:
'Both works' option is missing...
with a good risk management many strategies work!
If option 1 and option 2 is sufficiently high, then we can take it as both works.

I also respect both strategy.
William Roeder
26790
William Roeder  
Everything works, just not all the time.
Anita Setiawati
153
Anita Setiawati  
I prefer predict market . But i will stop trade when market reaction against my prediction
Thank-god Avwerosuoghene Odukudu
492
Predict the market is less strenuous, reacting to the market is too time dependent, not looking at the chart at the exact time could make you miss a trade you have been planning for weeks, all the work goes into the drain
Young Ho Seo
106659

If you choose "Both stratgy does not work" option, then it would be nice if you can tell us what strategy works in your case.

Probably, I guess it is something outside the entire technical analysis space.

But you never know what it is until you tell.

Young Ho Seo
106659
Thank-god Avwerosuoghene Odukudu #:
Predict the market is less strenuous, reacting to the market is too time dependent, not looking at the chart at the exact time could make you miss a trade you have been planning for weeks, all the work goes into the drain


You are correct about "reacting to the market is time dependent".

As science improves our daily life each day, the science improves the trading strategy too.

In fact, when you measure the turning point probability from the current price to the support or resistance, you can anticipate if the price could make the reversal or breakout at the support or resistance level.

In short, you can turn the support and resistanct (i.e. reacting to the market strategy) into the predict market direction strategy in this way. This approach is less time dependent as you can anticipate the price action even before the price reaches the support or resistance.

This does not mean that you have to adapt new approach. You can still remain as it is.

I just wrote this to spice up the discussion about the trading strategy.

Sugianto
7528
Sugianto  
Market predictions are more relaxed in making trades and usually long term trades, React to market can only trade in very volatile market conditions and short term trades, and is very stressful.

so which one is better? or which one is more workable?

Definitely both can work well, depending on our own trading style.