Opinion
Why the Reddit army risks ‘dying in euphoria’
Inexperienced traders may believe stocks can only go up, but history and human nature suggest a market correction or crash is a plausible scenario this year.
Michael McCarthyContributorWant to make an experienced trader laugh? Tell him or her “it’s different this time”.
Whether the topic is epic heights for bitcoin, or sharemarket multiples and valuations at record levels, the various versions of the “it’s different” argument make traders laugh nervously.
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