REAL WORLD
Market Evolution: Adapt Or Die
Survival Of The Fittest
by Don Bright
What do we do now? A new era in the market has dawned, and we have
to figure out how best to adapt to it.
Take a look around. The market bubble has
burst, and we must learn how to adapt to the new era of trading the markets.
There are new trading platforms, new ways to access the markets, and new
products such as single-stock futures (SSFs) and narrow-based indexes.
Traders must adapt to the new climate to remain successful.
As a species, traders face the same dilemma that many of our ancestors
did: we must adapt or become extinct. Although the penalty for staying
locked into a nonworking strategy may not be as severe as the fate of the
saber-toothed tiger, poverty is a close second. We must constantly be on
the lookout for that edge.
...Continued in the January 2003 issue of Technical Analysis of STOCKS
& COMMODITIES
Excerpted from an article originally published in the January 2003
issue of Technical Analysis of STOCKS & COMMODITIES magazine. All rights
reserved. © Copyright 2002, Technical Analysis, Inc.
