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"Earning the right to be aggressive" is BS, so is trading big on winning streaks

Discussion in 'Trading' started by Ghost of Cutten, May 1, 2011.

marketsurfer
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Quote from the1:

I completely agree Surf. A continuous move upward, or downward should that be the case, is most certainly a random moment but recognizing it when it occurs and when it ends is not the scientific part of trading; it's the artistic part and increasing size accordingly is appropriate. Additionally, there are tools at our disposal to help us make these decisions such as a measure of volatility. If high volatility is highly correlated to a rising profit curve then increasing size is appropriate. And when I mention tools to measure volatility I'm not talking about some as archaic as the ATR indicator. I'm talking about a tool that has more sophisticated data input and therefore, a more sophisticated output.
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Makes sense, thanks!

#21 May 3, 2011

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