DislikedFunny you should say that because this is what I was thinking to myself this morning. The pound shooted up, above daily and weekly highs, and people are pushing to short it.
I read an excellent article about roulette, but can't find it right now. It said, when red comes up 10 times in a row, people are pushing to bet on black. After 20, they literally go crazy and put everything on black. And the dealer said, 25 in a row is not a big deal, happens often.
I don't know, I'm not into casinos...
There is a piece of advice I found on forexlive: [i][i]"An...Ignored
THIS IS WAY MORE THAN NOT KNOWING HOW TO TRADE, THIS IS BEING ABLE TO, AS A GROUP, GET IT WRONG PRETTY CONSISTANTLY. SIMPLY NOT HAVING A CLUE IS JUST 50/50, NO WHERE NEAR AS BAD AS WHAT JUST HAPPENED TO THE RETAIL TRADERS.