Don't fight the tape

Don't fight the tape
A 1892 drawing of a ticker tape machine

Don't fight the tape is a term used in finance. It means do not bet or trade against the trend in the financial markets, e.g. if the broad market is moving up, do not bet on a downward move. The term tape here refers to the ticker tape used to transmit the price of stocks.[1][2]

See also

References

  1. ^ Barron's finance & investment handbook by John Downes, Jordan Elliot Goodman 2003 ISBN 0764155547 page 353
  2. ^ Wall Street words by David Logan Scott 2003 ISBN 0618176519 page 113

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