Listen to this carefully and never forget: the market is right all the time! Always! There is no "but", "maybe" or even "perhaps".
No! The market is and will always be right.
The only thing you can do is to realize that as soon as possible and use that in your favor.
There are many ways that you could do this even if you do not fully agree with "the market".
It has happened before and you better get used to it, sometimes you might be betting on something that deep down you believe is wrong, but if you work in a speculative market, then why not make some money for the weekend even though you do not agree with it.
Who said that to be successful whilst trading in the stock market, you will always have to fully agree to what the market is showing you? No way.
If you expect that, then you might wait in the side lines for a long time before being able to take action.
Realize that the market is way bigger then you and that will not change, ever.
So, do not try to take that huge bet against the market hoping that it will realize how wrong and bad it is and correct its way.
That won't happen.
Well, that MIGHT happen but probably will not happen the way you want it or when you want it.
Why swim against the waves if you can just follow it all along until you reach safer grounds? "The trend is your friend.
" This old and quite famous saying has been tested from time to time, but I believe it has and it will withstand all these tests for a long time.
I believe the biggest problem is not riding the trend.
If there was a special and magic formula that would send you a SMS alerting you with a message "The trend is on!", that would make everything easier right? That unfortunately will not happen any time soon and thus, you will have to face the biggest challenge to properly ride a trend: identifying a real and profitable trend.
So, forget about what you think or believe.
First, realize that the market is always right.
Secondly, try to find the best trend that goes along with what the market is showing you even if you do not agree with if fully or even if you are 100 percent sure, that the market is, in fact, wrong.
No! The market is and will always be right.
The only thing you can do is to realize that as soon as possible and use that in your favor.
There are many ways that you could do this even if you do not fully agree with "the market".
It has happened before and you better get used to it, sometimes you might be betting on something that deep down you believe is wrong, but if you work in a speculative market, then why not make some money for the weekend even though you do not agree with it.
Who said that to be successful whilst trading in the stock market, you will always have to fully agree to what the market is showing you? No way.
If you expect that, then you might wait in the side lines for a long time before being able to take action.
Realize that the market is way bigger then you and that will not change, ever.
So, do not try to take that huge bet against the market hoping that it will realize how wrong and bad it is and correct its way.
That won't happen.
Well, that MIGHT happen but probably will not happen the way you want it or when you want it.
Why swim against the waves if you can just follow it all along until you reach safer grounds? "The trend is your friend.
" This old and quite famous saying has been tested from time to time, but I believe it has and it will withstand all these tests for a long time.
I believe the biggest problem is not riding the trend.
If there was a special and magic formula that would send you a SMS alerting you with a message "The trend is on!", that would make everything easier right? That unfortunately will not happen any time soon and thus, you will have to face the biggest challenge to properly ride a trend: identifying a real and profitable trend.
So, forget about what you think or believe.
First, realize that the market is always right.
Secondly, try to find the best trend that goes along with what the market is showing you even if you do not agree with if fully or even if you are 100 percent sure, that the market is, in fact, wrong.
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