in trading,

I often wonder this,

Why People Sell, When I am buying? Why People Buy? When I am selling?

Who is Stupid here? Me or Others??

 
  • MM 5:49 pm on September 28, 2009

    It has often been shown that successful traders and smart money trade against the prevailing crowd.

    It has often been shown that when the public is most active in buying a stock, it is the most likely time for the price of the stock to reverse and go down.

    The smart money has already sold when the public has started buying.