Market psychology is a key ingredient to keep an eye on. The more I see everyone saying the same thing, the more likely I am to take the contrary position, and most assuredly to double check my own psychology on the matter!
Market psychology is a key ingredient to keep an eye on. The more I see everyone saying the same thing, the more likely I am to take the contrary position, and most assuredly to double check my own psychology on the matter!
It think I was reading this quote by Mark Twain. I don't remember the exact words but it was something like - If you find yourself at the side if the majority then it is time to re-examine your position. I find it true and applicable in a lot of scenarios.
Sorry, I forgot to thank you before for sharing your analysis - Thanks!