There are a lot proverbs about the market which we often hear from someone at some place. I think "Trend is your friend" is a most motivational proverb in this regard. It is a well said one as well by a wise person. So, always trade with the trend!
Best trading days : Mon Tue Wed Thu Fri Worst trading days : Sat Sun Holiday Every trading day is a good day.
In many professions including archery, you must aim for 100% accuracy. Trading is one of the very few professions where you must lower your expectation and just aim for 60% accuracy. ___________
There are a lot of proverbs used in the trading world. "Trend is your friend" is the best proverb with huge depth in it. You have to stay with the trend in 99% of your trades as it is really hard to depict the trend reversal. Am I right guys? I need your interesting replies!
Trend Continuation and Reversal are your friends. Jerky, Spiky, super sluggish trends are your enemies. Also trend is your enemy because it is vague. _____________________
If that one is the best then this one would be a very close second and you never hear it anymore for whatever reason.... but soon enough this old adage will once again resonate across the airwaves and ring true: "Don't fight the Fed". Chip stocks trading at a forward PE north of 50 based on the promise of autonomous cars and such (!?).... gimme a f'n break. Lots of folks are gonna be left holding an empty bag.... "Smart" Millenials. I have one more adage for them... ............"There's nothing new under the sun". Water always seeks its level. Nothing lasts forever. 2019 is coming.