fight 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.

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.
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Also were entering a seasonal period where its difficult to fight the tape. So I imagine theres cash coming in off the sidelines.
"You can't fight the tape, it's as simple as that," said Justin Haque, a broker at Hobart Capital Markets, referring to the deluge of strong data this week, "It's a very bullish scenario." With Wall Street closed later for Independence Day celebrations markets were quieter than usual but there were still pockets of movement.
Not realising his prison cell had been bugged, drifter Ian Douglas Previte is heard joking with another prisoner as he described how York teenager Caroline put up a fight The tape was played to jurors in the Bundaberg Supreme Court yesterday where Previte (32), denies murder and robbery.