SS says
Pls see proof here
This is collective public opinion on EUR
As you can see - public - ie the crowd - the HERD - the group - is most bullish near TOPS and most bearisoh near BOTTOMS
This is the most flawed and STUPID trading strategy
The reason most people lose money is due to the above
The public was most BULLISH near EUR at 150 and 149 and 160 in the last 3 - 4 years
This was the WORST time to be bullish
They were the most BEARISH in early 09 and summer 2010 - this was the WORST time to be bearish
In Summer 2010 - they thought the end of EURO is near and went bearish and net SHORT
In early 2009 - after Lehman and AIG fiasco - they went net short and were most BEARISH all risky bets and lost out
=========
Pls see proof here
This is collective public opinion on EUR
As you can see - public - ie the crowd - the HERD - the group - is most bullish near TOPS and most bearisoh near BOTTOMS
This is the most flawed and STUPID trading strategy
The reason most people lose money is due to the above
The public was most BULLISH near EUR at 150 and 149 and 160 in the last 3 - 4 years
This was the WORST time to be bullish
They were the most BEARISH in early 09 and summer 2010 - this was the WORST time to be bearish
In Summer 2010 - they thought the end of EURO is near and went bearish and net SHORT
In early 2009 - after Lehman and AIG fiasco - they went net short and were most BEARISH all risky bets and lost out
=========
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