Following the Price: Why Reactive Trading Trumps Anticipation
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No one can consistently predict the future, so focus on reacting to price action.
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Anticipatory traders try to predict markets, while reactive traders follow price action.
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Reactive traders don't need to call bottoms exactly, just follow trends.
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The follow-through day technique identifies sustained uptrends.
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The current market awaits follow-through days to confirm a trend change.