Wednesday, December 10, 2008

Trend-following vs Trend-prediction

Most of us like to be leaders...predict tops and bottoms....put on any business channel and everyone is trying to predict the market bottom ...attempting to beat the market. What we fail to realise is that the Market is all-knowing, all-supreme. It reflects the views of all the participants - bulls, bears, fundamentalists, technicians, fund managers, brokers, operators, TV experts, insiders, Investment Bankers, Fed, PM, FM, CEOs, uncle who is a stock market expert and also your milkman. So for once try and be a trend follower rather than a trend predictor. Observe what the market is saying. Trade with the trend. Make the market your friend and not your opponent. Am 100% sure you will be pleasantly surprised with the results.

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