Don’t Fight The Trend


You have to swim with the tide. The stock is not going up because you buy
1000 shares of it. It’s only going up if many people with many dollars are
buying the stock. You want to be on the same side as those dollars. . .buy on
any dip and wait for the big buyers to push the price up.


–trader Tom Hendrickson, from Marc Friedfertig and George West’s
Electronic Day Traders’ Secrets
(1999, McGraw-Hill, New York.)

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