RT025 - Proactive or Reactive Trading...
One thing many traders fall foul of is being a reactive trader. Jumping in to positions because of news, gaps, Social Media hype, price jumps or massive earnings announcements. Many reactive traders getting caught in a bad trade after a move has already happened hoping to ride the coat tails of a move.
In this weeks show, Sean and Phil examine the opposite and preferable trader position of being proactive and capitalizing on moves before they happen with more systematic approaches to trading.
