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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures
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To: Chip McVickar who wrote (11721)1/4/1999 9:22:00 PM
From: Patrick Slevin  Read Replies (1) of 44573
 
Sure I anticipate signals but when you do you have to be ready to blow out the trade as soon as it becomes apparent that you are wrong.

Often the most profitable part of the trade is the part that you anticipate. If the buy signal is not there but other factors are starting to piece together then I usually will take it but if it does not come together quickly then you have to exit.

If you wait for the signal you will probably have fewer losses but then you may miss the meat of the move so it's a judgement call.
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