MX1 3.75% 8.3¢ micro-x limited

Ann: MX1 - Argus Successful Field Testing, page-26

  1. 156 Posts.
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    After over a year-long downtrend, I wouldn't categorise averaging in at near all-time lows as FOMO. I think the expression more so relates to buying during an uptrend right, following the crowd, not wanting to miss out on the gains you're seeing others get. Averaging in during a decline or near the potential bottom of a decline requires control of emotion and a logical assessment that it could be the best place to minimise risk while maximising return. I'm not saying buy or sell, I am saying though that buying over the last couple of weeks was not an emotional decision, selling in frustration would've been.
 
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