122 days ago • Posted by Martin Boujol

The Psychology of a Market Cycle

We first believe that the rally will fail, but rising stocks give us hope, which turns into optimism, disbelief and euphoria. Complacency comes when the wave is over, but it soon gives place to anxiety, denial and panic, all the way to depression and anger. Ready for another run ? 

Source: Wall St. Cheat Sheet

the psychology of a market cycle