I kept buying hoping the price would go up, but I eventually decided I was fighting the tape.
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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… … Wikipedia
Fighting The Tape — The action of placing a trade or trades that go against the ticker tape. Fighting the tape is viewed as a contrarian stance, as traders who choose to trade against the tape are taking positions which oppose the general market perception. Traders… … Investment dictionary
don’t fight the tape — Do not try to go against the direction of the market … American business jargon
Don't fight the tape — Phrase advising not to trade against the market trend. If stock prices are rising, do not sell. Bloomberg Financial Dictionary … Financial and business terms
tale of the tape — This idiom is used when comparing things, especially in sports; it comes from boxing where the fighters would be measured with a tape measure before a fight … The small dictionary of idiomes
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The War (boxing) — The War, also known as Marvin Hagler vs. Thomas Hearns or Hagler Hearns, was a world middleweight championship boxing match between Undisputed Champion Marvin Hagler and challenger Thomas Hearns, who was himself the world s junior middleweight… … Wikipedia
