DashRiprock
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Rite, just so no-one takes me the wrong way (ow), I'm not sayin that there is no edge to be had in directional punting. What I meant to say that it is quite a bit harder than most people give it credit.
under certain circumstances I take directional punts and am a price taker but only when the market conditions warrant it, and these times are deffo the exception not the norm. Like, for instance, ADP today, or when silver was goin apesh!t (there is a thread when i explain a bit my approach in that way but i dont trade silver). Markets arnt like that 95% of the time though.
as well I said that a directional bias can be a catalyst for the good trades from liquidy provider / order flow. so I mean only taking these types of trades when they fit into some other broader outlook.
But equally I believe what I know and I aint gonna start doubting it.
under certain circumstances I take directional punts and am a price taker but only when the market conditions warrant it, and these times are deffo the exception not the norm. Like, for instance, ADP today, or when silver was goin apesh!t (there is a thread when i explain a bit my approach in that way but i dont trade silver). Markets arnt like that 95% of the time though.
as well I said that a directional bias can be a catalyst for the good trades from liquidy provider / order flow. so I mean only taking these types of trades when they fit into some other broader outlook.
But equally I believe what I know and I aint gonna start doubting it.