Dress to Impress Joined Late: A Review of the Style and Etiquette
Technical Breakdown The “Dress to Impress” joined late phenomenon occurs when a trader buys an asset after it has already experienced a significant upward movement. As the name implies, this strategy involves entering the market with the hopes of profiting from the remaining upward momentum. However, this strategy carries inherent risks due to the increased likelihood of the asset experiencing a correction. Performance Insights Technical indicators suggest that the “Dress to Impress” approach can be effective in certain market conditions....
