fight the tape(redirected from Fights the Tape)
Fight the Tape
To buy when most traders are selling and vice versa. Generally speaking, investors are advised not to fight the tape; most analysts consider it irrational behavior.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
fight the tape
To trade securities against the trend. A trader fights the tape if he or she continues to buy stock in a declining market or sell stock in a rising market. One of the axioms of stock market trading is to not fight the tape. Of course, the premise is that a trader is actually able to determine what the tape is really saying.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.