I couldn't agree more with the point that investors shouldn't rely solely on past price movements to make their decisions. π It's essential to understand the correlations between different assets and the impact of external events on the market. The fact π that the stock market is subject to human emotions and not just supply and demand is a crucial aspect to π keep in mind.
As the article mentions, it's vital for investors to consider the current economic conditions and global events when π making investment decisions. In addition, diversifying one's portfolio and seeking multiple sources of information can be beneficial strategies.
However, I'd like π to add that investors should also be aware of the potential risks associated with diversification. Spreading investments across various assets π doesn't always guarantee safety, as different assets can still be affected by similar market conditions.
In conclusion, I believe that investors π should always be aware of the historical context of the market, understand the present conditions, and comprehend how market sentiments π can impact their investments. It's a complex task, but being prepared and informed can make a significant difference in the π long run.Thank you for sharing!