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Strategies & Market Trends : Trade What You See, Not What You Think -- Ignore unavailable to you. Want to Upgrade?

To: aldrums who wrote (308)	1/20/2001 4:04:10 PM
From: chris-	Read Replies (1) \| Respond to of 867

This in itself has been an interesting question to me, meaning: A stock upticks at some price level (or downticks) A trader either: 1. Thinks this isn't the time I wish to take on a position. 2. This is the time to sell my position. 3. This is the time to put on a position. It's interesting to me that from the most basic level of the stock market is simply that the stock made an uptick...yet the perception of that one uptick can yield three different opinions from many separate individuals. This to me proves that the market could care less about us as it doesn't define perceptions that it wants us to see, we choose to see what we want to see based on whatever psychological make-up we have at that period when the stock makes a move. (once again, ego inflated/deflated/winning/losing streak, etc.). This is why I often believe in the fact that the market works in a way that can offer two traders on the opposite side of the same trade the same chance to both end up with a win or loss. It's about what "you" see in that "one" uptick and that is all that matters. Chris