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Creating Your Own Theory of the Market
Manage episode 374860795 series 3502880
Вміст надано RexDogActual and RexDog Trading. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією RexDogActual and RexDog Trading або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.
To have edge, you must be trading with conviction. To trade with conviction, you must have a trade system you believe in and trust. Your trade system should be built on what we call your own theory of the market. This is how the market moves, how it reactions, maybe even why it moves and reacts.
Your own theory of the market doesn't have to make sense to anybody else, i just need to make sense you and provide your edge and conviction. Sure, there are fundamental ways the markets moves and many of how we think, talk, and trade it have already been defined. This is what we call basic trader knowledge. Seldom is there an edge in that. What we discuss in this episode is to go beyond that. To share that, you have permission to create your own theory of the market. We discuss the why and a bit of how to do that it today's episode.
Show notes and bonus content found here: https://rexdogtrading.com/always-in-podcast/creating-your-own-theory-of-the-market/
Here where you past shows and downloads or additional resources mentioned in any show:
https://rexdogtrading.com/always-in-show/
We host our podcast on a great service called SasPod. The show is sponsored by EpicIndicators.com and RexDogTrading.com.
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