With VSA there's Smart Money (professional money) and there's everyone else. "The herd" is about crowd behaviour/mind. If you can learn how to avoid it then feel free to excuse yourself from being associated with "the herd." But for VSA purposes we generally group the activity on the chart as Smart Money (the Professional money) and the Herd (everyone else) - not to be derogatory - just to keep it simple and save our heads from hurting. If you aren't transacting then I suppose you aren't on the chart at the moment - But refusing to sell with the herd is cold comfort if one bought with the herd to start with. Does that mean one is not part of the herd now that one is still holding? I'll leave you all to discuss the finer points. Lol. But really it probably just clouds the chart. What we really want to try to do is follow the activity of the Smart Money and trade in harmony with the Smart Money as best we can.
PRR Price at posting:
14.8¢ Sentiment: None Disclosure: Not Held
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