Kosta Ouzas argues that traders should react to market signals instead of trying to predict where prices go. The approach waits for confirmation before acting, cuts ego and bias from decisions, and shifts focus from being right to staying aligned with what's actually happening now.
Chapters
Ego is expensive in trading, most traders can't resist the urge to call the market. Predicting where price will go and feeling validated when it does. But the market doesn't pay you for being right. It pays you for being aligned with what's happening now. Our system waits for the market to confirm the conditions we want before it acts. No bias, no stubbornness, no this should happen mentality. If the data changes, we change. If the signal disappears, we don't force it. This reactive posture removes the emotional whiplash that prediction based trades suffer. It also means we're never stuck defending a bad idea just because it was ours. In a way, our algorithm is ruthlessly humble. It doesn't need to be right, it only needs to be profitable. Most traders attach their identity to their market calls, which makes it harder to cut them when they're wrong. We don't have that weakness. The market decides when to trade, not us. And that's the only authority that actually matters.