The Best Trading Proverbs

There are a lot proverbs about the market which we often hear from someone at some place. I think "Trend is your friend" is a most motivational proverb in this regard. It is a well said one as well by a wise person. So, always trade with the trend!
 
In many professions including archery, you must aim for 100% accuracy.

Trading is one of the very few professions where you must lower your expectation and
just aim for 60% accuracy.

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There are a lot of proverbs used in the trading world. "Trend is your friend" is the best proverb with huge depth in it. You have to stay with the trend in 99% of your trades as it is really hard to depict the trend reversal. Am I right guys? I need your interesting replies!
 
Trend Continuation and Reversal are your friends.

Jerky, Spiky, super sluggish trends are your enemies.
Also trend is your enemy because it is vague.





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Carlll said:
There are a lot of proverbs used in the trading world. "Trend is your friend" is the best proverb with huge depth in it. You have to stay with the trend in 99% of your trades as it is really hard to depict the trend reversal. Am I right guys? I need your interesting replies!
More...

If that one is the best then this one would be a very close second and you never hear it anymore for whatever reason.... but soon enough this old adage will once again resonate across the airwaves and ring true:

"Don't fight the Fed".

Chip stocks trading at a forward PE north of 50 based on the promise of autonomous cars and such (!?).... gimme a f'n break.

Lots of folks are gonna be left holding an empty bag.... "Smart" Millenials.

I have one more adage for them...
............"There's nothing new under the sun".

Water always seeks its level.
Nothing lasts forever.
2019 is coming.
 
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