Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Cormac who wrote (568)	5/9/2001 6:05:56 PM
From: Threei	Read Replies (1) \| Respond to of 867

Cormac, very interesting way to put it... depth of confirmation... I think we are going here into the field on intuition. Experience transformed to intuition is what impacts the depth of confirmation needed to put on the trade. I for one always have hard time answering questions like: "Do you buy breakout right at the high, or uptick higher, or just before the actual break?" If I try to answer them categorizing the cases, I feel like I rationalize on the fly... truth is, I don't know. I feel when it's right to buy in advance and when I would better wait for confirmation or even for pullback, retest of new support (old resistance) in order to buy only if it's holding... and this is happening on the same setup. Vadym