WORDS TO TRADE BY
"No one can see ahead three years, let alone five or ten. Competition, new inventions - all kinds of things - can change the situation in twelve months."
-Thomas Rowe Price, Jr.
The market is fluid. It's constantly ebbing and flowing like the tide. Anyone who claims they can predict what the market will do years from now is selling snake oil.
But with proper research and an understanding of market timeframes, a trader can see upcoming changes on a daily basis.
Don't try to be a financial prophet. Stick with what you know about in the here and now. Watch market trends and adjust your trading strategy accordingly. Remember that you're in this for the long run.
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