The Good,the Not-so-bad & the Ugly timing

They say you can't and shouldn't time the market.

But they don't tell you that although you can't "time the market", you can "time the trend"

Also, good timing is better than no timing.

And no timing is better than bad timing.

It is sad that most traders have bad "trend timing".

As someone rightly said, "Don't be an eleven o'clock bull or a five o'clock bear."

So, never be misled by the statement that "never try to time the market".

Time the trend with your trading method.

Many unsuspecting retail traders mistake "never try to time the market" statement as a license to trade at "any" time.

And they get trapped!

That is sheer bad timing.

You can time the trend of the market to very high level of approximation.

Only a few point inaccuracy this way that way is left.

RSI exhaustion is one of the best ways to time the market.

MACD, 34/8, Base line theory etc. are some of the most useful tools for timing the market.

Often traders use emotions rather than technical indicators to "time" the market.

Often traders hang on till they can emotionally withstand the market pressures. Then they throw in the towel irrespective of the trend-timing.

This is known as "I-can't-stand-it-anymore" timing system.

It relies on emotional reactions to market fluctuations. And, needless to say, this is the virus responsible for majority of trader ailments.

So, forget what they say.

Just "time the trend" with technical indicators.