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> there are a bunch of amateur traders who think it's a good idea to buy when the price is rising and sell when it's falling. professional traders and asset ma
by jgalt212 9y ago
> there are a bunch of amateur traders who think it's a good idea to buy when the price is rising and sell when it's falling.
professional traders and asset managers do this exact same thing.
- astrange 9y agoThat's called momentum trading and it's not a bad idea in a market where most traders aren't setting a price… aka, all public markets especially this one. Who needs fundamentals?