Psychological Strategy: "Buy The Rumour, Sell The News"
Trumpcoin has given us a textbook example of how greed and enthusiasm work before major news events.
‘Buy the Rumor, Sell the News’ is one of the simplest yet most effective psychological strategies—it’s all about playing on people’s emotions.
Next time you notice major economic or other significant news approaching, remember: markets tend to push hard before the event, but when the grand finale day arrives, sellers usually dominate. Use this knowledge to know when to take your profits and avoid falling into the FOMO trap!
There are always opportunities to make money in the markets. 🤝
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