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penknee

08/12/17 1:20 PM

#124992 RE: Monksdream #124991

"But isn't trading about having a belief? If everyone believes it's going higher, it goes higher. If everyone believes it's going lower, it goes lower."

They have to do more than believe, the herd has to press the buy button. The thing is, everyone has a different idea of profit, and length of investment, reasons for buying/selling etc.