{"id":15755,"date":"2011-11-27T17:30:00","date_gmt":"2011-11-27T17:30:00","guid":{"rendered":"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/you-dont-have-to-be-nostradamus\/15753\/"},"modified":"2011-11-27T17:30:00","modified_gmt":"2011-11-27T17:30:00","slug":"you-dont-have-to-be-nostradamus","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/you-dont-have-to-be-nostradamus\/15755\/","title":{"rendered":"You Don&#8217;t Have To Be Nostradamus&#8230;"},"content":{"rendered":"<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - News Links *\/\ngoogle_ad_slot = \"3490797620\";\ngoogle_ad_width = 468;\ngoogle_ad_height = 15;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<p><!--Ad Injection mfunc mode ad include code--><br \/>\n<!--mfunc include_once('\/mnt\/Target01\/327806\/www.thestockmarketwatch.com\/web\/content\/stock-market-news\/wp-content\/plugins\/ad-injection\/adshow.php') --><br \/>\n<!--\/mfunc--><\/p>\n<p><em>The following is a post by <a href=\"http:\/\/www.zentrader.ca\/blog\/?p=139\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #3366ff;\">Stephen Burns<\/span><\/a>, who is a trend follower that specializes in the Darvas System and can be found on <span style=\"color: #3366ff;\"><a href=\"http:\/\/twitter.com\/#!\/SJosephBurns\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #3366ff;\">Twitter here<\/span><\/a>.<\/span><\/em><\/p>\n<p>&#8230;to make money in the markets.<\/p>\n<p><a href=\"http:\/\/www.zentrader.ca\/blog\/wp-content\/uploads\/2011\/11\/nostradamus-live1.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-thumbnail wp-image-10027\" title=\"nostradamus-live\" src=\"https:\/\/web.archive.org\/web\/20111129053706im_\/http:\/\/www.zentrader.ca\/blog\/wp-content\/uploads\/2011\/11\/nostradamus-live1-150x150.jpg\" alt=\"\" width=\"150\" height=\"150\"><\/a>While trading the financial markets, you have to always ask yourself the right questions.<\/p>\n<p><!--mfunc adshow_display_ad_file_v2(array('ad_random_1.txt'), array(100), array('align' => 'float right', 'clear' => '', 'margin_top' => '', 'margin_bottom' => '', 'padding_top' => '', 'padding_bottom' => ''), array(), array()) --><\/p>\n<div style=\"float:right;margin-left:5px;\"><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - in News 300 *\/\ngoogle_ad_slot = \"5684630733\";\ngoogle_ad_width = 300;\ngoogle_ad_height = 250;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/div>\n<p><!--\/mfunc--><\/p>\n<p>The right question is not \u2018<em>What will the market do?<\/em>\u2019, but \u2018<em>What is the market actually doing<\/em>?\u2019 and \u2018what will <em>I <\/em>do?\u2019<\/p>\n<p>Don\u2019t bother predicting what the market will do and think you\u2019ll be thumping your chest with pride when you\u2019re right. You have better chances of winning the lottery than outsmarting the net total of all participants in the market.<\/p>\n<p>Money is made when you follow the flow of the market until it changes, and your job is to find ways to measure the current trend and use market action as a guide to your own actions, as well as carefully managing your risk so that you survive when you\u2019re wrong yet still have a profit when you\u2019re right.<\/p>\n<p>History is one of the greatest teachers, and does repeat itself as people do not often change, remaining greedy, hopeful, and fearful, and the patterns on charts continue to reflect these emotions.\u00a0The law of economics never changes; supply and demand drive prices.<\/p>\n<p>Companies that change the world and grow exponentially are prone to have increasing stock prices to match their increase in earnings.\u00a0Markets tend to move in large trends over time, sometimes making higher highs and higher lows and other times making lower highs and lower lows.<\/p>\n<p>Seeing these trends and acting on them accordingly is how you make money. Be a follower, not a prophet. Because it just doesn\u2019t pay to attempt to be smarter than the market in the long run<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\">Related Posts:<\/p>\n<p style=\"text-align: center;\"><span style=\"color: #3366ff;\"><a title=\"Permanent Link to Trade Like A Casino\" href=\"http:\/\/www.zentrader.ca\/blog\/?p=9708\" rel=\"bookmark noopener\" target=\"_blank\"><span style=\"color: #3366ff;\">Trade Like A Casino<\/span><\/a><\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"color: #3366ff;\"><a title=\"Permanent Link to Beyond Technical Analysis\" href=\"http:\/\/www.zentrader.ca\/blog\/?p=9345\" rel=\"bookmark noopener\" target=\"_blank\"><span style=\"color: #3366ff;\">Beyond Technical Analysis<\/span><\/a><\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"color: #3366ff;\"><a title=\"Permanent Link to Lessons From a Trend Follower\" href=\"http:\/\/www.zentrader.ca\/blog\/?p=8977\" rel=\"bookmark noopener\" target=\"_blank\"><span style=\"color: #3366ff;\">Lessons From a Trend Follower<\/span><\/a><\/span><\/p>\n<p><a href=\"http:\/\/www.zentrader.ca\/blog\/?p=10025\" target=\"_blank\" rel=\"noopener\">Read more here<\/a><\/p>\n<p>More Posts by this author<\/p>\n<ul>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/confidence-doesn8217t-magically-reappear\/15853\"><br \/>\nConfidence Doesn&#8217;t Magically Reappear<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/market-updates\/8220brace-for-economic-downturn8221\/15758\"><br \/>\n&#8220;Brace for Economic Downturn&#8221;<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/you-don8217t-have-to-be-nostradamus8230\/15755\"><br \/>\nYou Don&#8217;t Have To Be Nostradamus&#8230;<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/upside-targets-for-us-amp-canadian-markets\/15742\"><br \/>\nUpside Targets For US &amp;amp; Canadian Markets<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/thanksgiving-week-recap\/15729\"><br \/>\nThanksgiving Week Recap<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/copper-triggers-a-short-signal\/15699\"><br \/>\nCopper Triggers A Short Signal<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/seeing-many-oversold-indicators\/15660\"><br \/>\nSeeing Many Oversold Indicators<\/a><\/li>\n<\/ul>\n<hr>\n<table style=\"border:none;margin:0;\">\n<tr>\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n.<\/td>\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n<div style=\"font-size:11pt;\"><b>Post Written By: Zen Trader <\/b><\/div>\n<div style=\"font-size:10pt;\">\n<\/div>\n<\/td>\n<\/tr>\n<\/table>\n<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"pub-1408583772585547\";\n\/* 336x280, created 7\/9\/11 *\/\ngoogle_ad_slot = \"3552319058\";\ngoogle_ad_width = 336;\ngoogle_ad_height = 280;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<div style=\"margin:5px;margin-bottom:20px;font-size:11pt;\">&laquo; <a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/\">Return to Stock Market News<\/a> &laquo; <\/div>\n","protected":false},"excerpt":{"rendered":"<p>The following is a post by Stephen Burns, who is a trend follower that specializes in the Darvas System and [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50312,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[6],"tags":[2003,2011],"class_list":["post-15755","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hot-stocks-to-watch","tag-trend-tradingearly-this-morning-copper-hg-triggered-a-sell-signal-in-the-futures-market-at-a-price-of-3-294-i-updated-this-page-at-the-exact-time-the-signal-changed-and-will-do-so-when-it-gives-a","tag-nostradamus"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/15755","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=15755"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/15755\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50312"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=15755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=15755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=15755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}