All 3 of them namely a train, jelly fish and stock trend have something or the other in common and it makes sense to make use of the same while the time lasts and get the best gains in the market. The below write-up is to draw a comparison to help you get the bets returns in the market. Let’s check them piecemeal.
Train & Stock Market
Before commencing the journey one way, the train keeps blowing the horn, identical to asking everyone to take position! The Train doesn’t stop immediately once it starts one way. Nobody dares to face or stand in front of it unless somebody wishes to commit suicide!. In case you are included in the train, regardless of how heavy you happen to be, train will carry you with it. The energy of train is definitely greater than anybody inside it.
Jellyfish & Stock market
We know the Jelly fish floats together with the water, and never crashes towards bottom. Also, it never shows up the top of the water to turn into food possibly for a hungry bird. Even though it looks fragile and brainless, all it takes is benefit from different undercurrents of water and it also keeps moving, effortlessly. Swiftly changes with undercurrents. This quality of a typical Jelly fish of the Swing trader!
Share market trend
The Share market trend, once placed in a direction, up or down, it remains in the direction until direction is not really changed to the exact opposite. Similar to how a train, the stock trend also commences with big volume and heavy trading. Tremendous change is observed in the feelings of market participants at the start of the trend. Strong trends frequently pause for couple of hours or days, in order to continue in the direction of a typical trend. The moment you confirm the change toward the trend, take position in that direction (really as have been the Jelly fish benefiting from the changing water undercurrent!).Trading against trend is dangerous. In long-term, it may take you to numerous downtrend and big drawdown. (Stick with the trend plus the trend will carry you with it just much like the train, regardless of how heavy you happen to be.)All of these examples are teaching us the listed rules:
- Trend is actually a friend.Take profit slowly.
- Trend lasts more time than we perceive, though there is never a permanent uptrend or downtrend.
- Trend doesn’t change everyday.Pause within the trend is an element of the trend.
- Protect your Profit. Cut losses immediately.
It is never late to make money in the market and one has to be just vigilant enough to identify the trend at the right opportune moment or one can take advice of a stock market expert and one can be in the trend train before one start repenting losing the train leading towards the profit.