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It gets worse. Price may fall a little bit more and the beginner trader will again buy more units to lessen effective average cost per unit. May be is in ways that he buys more and most into a share that’s losing his .
In the past 100 years, no one from modern financial economics have conducted any extensive study of price movements at each and every one. It was assumed to be random until this morning. For some reason, if you say anything suggesting that price movement isn’t random, you would be damned from your academic colleagues. It is like Galileo suggested how the Earth rotates around best platform sunlight. It was a crime. Maybe it could be the nature of human – those have got something reduce would do anything to stop others rocking their dinghy.
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