136: Anticipating market action and "pain points" with John Carter
Better System Trader
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How to Judge the Markets With Price Action
I like to watch as an indicator I like called the squeeze it's essentially just watching the Bollinger bands get to a point where they get really narrow and typically at that point you know it's kind of like a compression and volatility. How do you balance the desire to tinker and adjust strategies with the need to adapt to changing market conditions over time? You know probably the number one thing you can do as a trader to increase your profitability is to cut your position size in half and double your stop. A lot of times people trade alittle bit too big with a little bit too tight of stop and they are ripe for the picking, says Mr Bogle.
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