So by chasing, you mean making emotion-based decisions to avoid missing an opportunity rather than acting calmly and rationally, basically?
Jeff
How to exit a trade (betangel video)
I think we can all agree that we all have different ideas of the meaning 'chasing the market'.
I don't think it's important to define what chasing is - it's just important to understand what somebody who uses the term is talking about, which only involves looking at it in the context of whatever is being said.
In Peter's video I think he was saying not to blindly follow (chase) where the money in the market is moving but to make more rational decisions as the market can quickly turn. But it could easily be used in a different context.
I don't think it's important to define what chasing is - it's just important to understand what somebody who uses the term is talking about, which only involves looking at it in the context of whatever is being said.
In Peter's video I think he was saying not to blindly follow (chase) where the money in the market is moving but to make more rational decisions as the market can quickly turn. But it could easily be used in a different context.