An investor who makes decisions regarding buy and sell trades without the use of fundamental data, because he lacks sufficient knowledge of the market and therefore easily falls prey to fraudsters of all kinds. These investors generally have poor timing, follow trends, and overreact to good and bad news). – See Astroforecasting, Chasing Winner, Flipper, Market Manipulation, Milkmaid Bull, Odd Lot Theory, Pump and Dump, Scalper, Interest Rate Bargain Hunter. – Cf. ECB Monthly Bulletin, February 2002, p. 48.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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