Respect the market trend
Trading with the trend is preferable to trading against the trend. A trend acts as a filter, weeding out bad trade ideas. Going in the market direction increases the likelihood of your trade succeeding. Buying in an uptrend and selling in a downtrend has a better chance of paying off. Consider it this way: you increase your chances of profit, and it's prudent to take advantage of every opportunity the world provides.
Dec 05, 2022 11:17