How would you write into your model market psychology?
“What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower.”—William O’Neil
Most of these chestnuts in trading continue to be repeated because of the ground truth in them. What part of the market shows the binary view of most traders euphoria and despair?
How would you write into your model market psychology?
“What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower.”—William O’Neil
Most of these chestnuts in trading continue to be repeated because of the ground truth in them. What part of the market shows the binary view of most traders euphoria and despair?