Stock and Trend

Discussion in 'Trading' started by wilensky, Dec 15, 2007.

  1. wilensky


    As a day trader, how do you trade a stock when the sector is moving up and the market is going down, taking all other consideration in mind, mostly "The trend is your friend"?

  2. ggoyal


    you got it. trend is your friend. if you dont hold positions over night who cares what the stock vs. sector is doing. this is kind of bullshit people start looking at and complicate trading. follow the trend. if you are swing trading also i dont think it matters much.

    dont try to get cute with this. just follow what the stock is doing(considering u play intrday only).