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Online Share Trading

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trade the price

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Porshe
Contributor
Simon what do you mean trade the price? thanx
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3 REPLIES 3
SimonPB
Valued Contributor
ignore everything but the price .. there is only one truth in the market, the current price .. you can buy it, sell it or ignore it .. all the news flows, theories etc. are just noise and of zero use to use .. so when trading, all you need focus on is the price .. just trade it ..
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Not applicable
I got this quote from somewhere, I can't remember where. "The market is always right, even if its wrong. If you think the market should be in a double dip and it isn't, then that's your problem - not the market's. Your theory is wrong. You missed something.
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warhippo
Super Contributor
True: You can only "Trade the price" to obtain. Nothing to prove here - it is just a fact!! It probably then holds true for traders, which I am not. But: It remains up to you to decide if it is a fair price if you are not a trader!! by doing your homework with all the means available.
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