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Market Rhythm
Submitted by Trading Critic on Wed, 2006-08-23 14:13.
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Music is based on rhythm. When you listen to music, the beats become repetitious to some extent which allows you to predict the rhythm in order to dance with the music. The market also has its own rhythm. I'm not saying the market rhythm is 100 percent predictable, but for those experienced in the market - I'm sure you can attest to this. I'm also not claiming that trading is about prediction either (more on that in another blog post). But from my experience, the market has a rhythm.