fight the tape

fight the tape definition - business

fight the tape

To trade securities against the trend. For example, 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.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.