The trend is your friend
There are many important things you need to know to trade and invest successfully in the stock market or any other market.
12 of the most important things that I can share with you based on many years of trading experience are enumerated below.
6. The trend is your friend.
Since the trend is the basis of all profit, we need long term trends to make sizeable money.
The key is to know when to get aboard a trend and stick with it for a long period of time to maximize profits.
Contrary to the short term perspective of most investors today,
all the big money is made by catching large market moves -
not by day trading or short term stock investing.
By C.C. Collins
Commodities
2007-10-12
12 Basic Stock Investing Rules (6)
Posted by cheahyeankit at 5:03:00 AM
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