Few things feel more counterintuitive in trading than buying into uncharted territory. Whether it’s a stock breaking into uncharted territory or a broad index hitting another all-time record, the little voice in the back of your head will more often than not tell you it’s the wrong thing to do – that it’s too late…
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There is an old saying in markets: “The trend is your frien d.” It is repeated so often that its meaning has almost worn thin. Yet when you peel back the layers, this principle remains the single most reliable underpinning of long-term trading survival. Like the majority of things trading related, it is straightforward but…
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