The Crowded Trade phenomenon.
When sentiment turns, emotions take over and the rush for the exit panics the less-experienced to accept a lower price in the belief the impaired revenue is worth more than nothing at all.
Good psychology is as important as good FA and TA and emotions sabotage your account.
The Crowded Trade phenomenon. When sentiment turns, emotions...
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Last
7,897.5 |
Change
48.100(0.61%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,849.4 | 7,907.0 | 7,849.4 |
| XAO (ASX) Chart |