Don’t buy just yet
One of the benefits of
systems trading is having a clearly defined set of rules that state when to buy
and sell individual market positions. Therefore it is somewhat
difficult to get impatient or overanxious with the markets when you want to make
a trade, but there is not a profitable opportunity available. If you stick with
your rules, and your rules say that there are no entries; there are no entries.
Simple. I found that one of my greatest hurdles when I was a discretionary
trader was how to know when to start accumulating (or selling) stocks after a
pullback. This is often a difficult question.
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