I hear so much about the "big boys" here on HC. It reminds me of a guy I saw at the casino one that kept looking to the security camera every time he lost and making some comment to "the big boys behind it".
Has anyone read Alexander Elder's trading books? He was a psychologist turned trader. He referred to group psychology, and how that's what drives the market. He says the successful trader is the one that moves the opposite direction to the crowd (not being sucked in with them).
Not to say that some big players are involved, but I reckon a mass of individuals might be part of the movement too.
I might be being a bit picky, but the big boys thing just sounds a bit too "big brotherish " to me.
I hear so much about the "big boys" here on HC. It reminds me of...
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$6.40 |
Change
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Mkt cap ! $5.982B | |||
| Open | High | Low | Value | Volume |
| $6.47 | $6.48 | $6.34 | $20.28M | 3.161M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12848 | $6.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.40 | 17965 | 2 |
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| LYC (ASX) Chart |