“Don’t put up a fight with the tape.” This often-cited stock market adage cautions investors against getting in the way of market trends. The presumption is that market movement will continue in the same direction. The origins of this concept can be found in behavioral finance. With so many equities to select from, why would investors maintain their money in a declining stock rather than a rising one? It’s a typical case of greed and fear. In today’s world, we can also say, “don’t fight the Fed”.
Talk soon,
Al Losada
Founder | SimpleOptionStrategies.com
P.S. For live trade alerts, please check out our SOS Trade Alerts. We will be opening to new subscribers on Aug 3rd, 2021.
You can also check out my YouTube Channel at SOS YouTube.
None of the content published on SimpleOptionStrategies.com or within SimpleOptionStrategies.com’s Telegram Trade Channels constitutes a recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. SimpleOptionStrategies.com is not responsible for any losses incurred as a result of using any of our trading strategies.
