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September 01, 2020 10:18am
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Overconfidence Could be Driving Momentum Investing

When momentum is on an investor’s side, serendipitous gains can accumulate, but it can also dangerously breed overconfidence or even an overreaction during mass sell-offs. They say in sports that speed kills, but in the markets, overconfidence or overreactions can blow up a trading account fast. As...
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