I talked about “Counterfactual” thinking and “Hindsight bias”, when looking in the past everything seems obvious and as if we knew it all along. I talked about fertilizer stocks earlier, and also mentioned that it needs solid guts on own those. Owners of these have amassed fortunes.
Now test yourself. Those Agri 5 are beaten down heavily in the past few days, will you short them or go long with them? (AGU is not shown in the chart)
You may post your comments and we’ll revisit this after sometime.
Profitable trading, OP
AGU, CF, market psychology, MON, MOS, POT, Trade IdeasOptionPundit© (OP) is designed for novice as well as serious option traders. It is a stock & option trading blogsite that is dedicated to the following objectives: read more ⇒
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