Phrase guide
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phrase
Describing a momentum strategy where one purchases assets that are already rising strongly in price, betting that the upward trend will continue, and then selling them later at an even higher price, rather than trying to purchase at the bottom and sell at the peak.
Definition source: English Wiktionary via Wiktextract
Topics: business, finance
No example sentence was provided for this meaning.
Synonyms: none provided
Antonyms: none provided
History
No etymology was provided for this word.
