Hi themillionaire08,
Glad to hear from you.
Yes I think many successful traders will agree that it is wize to trade with the trend however this is a little different from the point I am trying to make here.
What I am trying to say here is that one needs to do their own homework and analysis and not rely on simply following what everyone else is doing, as time and time again it has been proven that people will do stupid things that they would never consider individually when they are caught up in the collective emotion of a crowd.
Hope that helps. As always please feel free to post if there are any other questions or comments on this one.
Best Regards,
Dave
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Disclaimer: Trading is risky and can result in substantial financial loss. As always my posts are simply one traders opinion and should not be taken as trading advice. I am not a financial adviser so everyone please do their own analysis and take responsibility for their own trades.
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