Friday, November 14, 2014

beauty of being pro-trend

dear dhiraj,

yes, no change in the uptrend, though the trend has paused (rather locked!)

at such points, trend can be considered neutral (neither up nor down), yet i am long (and saying that uptrend is hidden) because of certain parameters discussed above. 

markets may slip down sharp but that will be temporary. those who are in the bus since 8000 or 8100 or 8200 won't mind any such hiccups. for others, any volatility might be a cause of anxious moments testing nerves.

the earlier u catch the trend, safer it is. but, at times, u have no option but to get on to the trend in between (even near the last leg). in those cases, u have to have good holding capacity and cool like a poker player.

however, in my opinion, those who take pro-trend position even at later stages or with terrible timings, rarely lose big!

that's the beauty of being pro-trend.

vice-versa is also, true. those who take anti-trend position even at best times, rarely make big profit! 

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