InvestorQ : Is it correct that trend is the most reliable thing to count on for any trader?
Arya Nanda made post

Is it correct that trend is the most reliable thing to count on for any trader?

Answer
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2 years ago


When you are a trader, the basic rule is to be on the side of the trend. There is no point in trying to short a housing finance stock at a time when there are individuals and institutions waiting to buy these stocks at every dip. The closer your trading strategy is aligned to the market trend the more you are likely to be successful in your trades. As a trader, your focus is on protecting your capital and hence bucking the trend adds little value…