Regardless of the types of trading signals a trader chooses to rely on, he must always take advantage of strong trends and swing at least a part of their position. What is most important however is to not try to fade strong trends, as only a small number of people can successfully do that and the average trader must accept the fact that he is not one of those.
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As a result of this “Harding” phenomenon, people tend to behave in ways that are dictated by the opinions of others. A familiar phenomenon is the purchase of products that are currently in vogue; consequently, there are ever-increasing lines for them. Harding’s phenomenon is one of the “behavioural economics” discoveries.
This is mindblowing! I heard about the harding phenomenon but you made some great revelation here.
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