Disintegrator

The Age Old Greed and Fear...

BATS:NOK   Nokia Corporation Sponsored
1
Greed is a powerful emotion, but fear the strongest and this chart shows that indeed trust comes slower than distrust.

The first and second period have about the same win/loss rate of 1,63%. The resulted in the first period for a gain of a whopping 3,121% in only 215 bars. However, the second period whipped 83% of that gain away and did that in just 107 bars, just shy of half of the 215 bars in the first period.

The third period of recovering resulted in a gain of 349% in 271 bars, however the fourth period destroyed 95% of that gain in 240 bars. That's 31 bars less than the third period, however the rate of loss was 1.24% opposed to the rate of winning of only 0.56%
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.