Predicting The Future vs Reacting To The Now

Live Trading Talk With Oliver Velez (English) - A podcast by Trading Talk with Oliver Velez

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In this episode, Oliver discusses how profitable traders do not predict what is going to happen next, they react to what is happening now. Profitable traders react to the current price action without worrying if the next trade will result in a profit or loss. Knowing the current conditions can change in an instant, traders must be able to react to the current state of price action. Reacting to the current "now" does not entail any predictions of future price action.