Trading with the trend why its so important

By | November 16, 2013

As a trader, you have probably heard the old adage that it is best to trade with the trend. The trend, say all the pundits, is your friend. This is sage advice as long as you know and can accept that the trend can end. And then the trend is not your friend.

Believe What You See, Not What You Hear or Read

Now the below 2 charts would have blown of trading capital of a short trader, if trader is trading without any initial risk management, so always try to be with the trend.

Japanese Stock MarketĀ  is up 1480 points in 6 days

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S&P 500 Nears 1,800

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