strategy and tactics?

Discussion in 'Trading' started by sulong, Apr 14, 2004.

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  1. Here comes another silly thread.

    I've read in the past ( and currently ) that strategy and tactics are somehow different from each other. I don't know what the difference is.

    All I can come up with is, my strategy is where I enter the market, and tactics are how I enter,and exit the market - market, limit,stoplimit orders.

    So I guess what I'm asking is, what are the components of a trade that go into each?

    What do ya think? Any help would be appreciated.
  2. The bush admin is a good example.

    Tactics would be things like getting the people who did the Cole and each of the "flies" to be swatted after that.

    strategy is different. Before 9/11 Bush says he was not at "war". After 9/11 he went to fight strategic wars.

    This strategy will get the cole terrorists, the 9/11 terrorists, all the other terrorists.

    So far he has found one WMD on a tukey farm in north Africa. This was a tactical success done by reading a memo from the person who put 50 tons of mustard gas on a turkey farm.
  3. Look at your plan as a strategy.

    The approach a person uses is a strategy.

    to carry out these things you use market tools
    market tools are tactical.

    SCT is seamless continuous trading.

    It has a few simple tools. The tools tactically, cover all situations.

    Look at today. SCT yields 3x the H/L each day.

    Tools were used to "make the market"
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