It may be surprising to realize that all good free markets operate in this fashion. Prices are all based on what people "think". It's individual opinion which ultimately affects price. TSE GLS markets are remarkably similar to how real life stock markets function, with the exception of the automated marketmaker and the cash-outs.
Prices on the stock market are based on opinion and what people are willing and able to pay. Prices are not adjusted automatically by an invisible hand, they move based on buyers and sellers in the market. Of course things like earnings, interest rates, and other news can affect opinion and stock prices will move based people's reactions just as how TSE prices might move based on NPD numbers, press releases, or just plain hype. It may be very disconcerting and frustrating when you find that you have a position/opinion that is at odds with the rest of the market but that's how free markets work.
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It may be surprising to realize that all good free markets operate in this fashion. Prices are all based on what people "think". It's individual opinion which ultimately affects price. TSE GLS markets are remarkably similar to how real life stock markets function, with the exception of the automated marketmaker and the cash-outs.
Prices on the stock market are based on opinion and what people are willing and able to pay. Prices are not adjusted automatically by an invisible hand, they move based on buyers and sellers in the market. Of course things like earnings, interest rates, and other news can affect opinion and stock prices will move based people's reactions just as how TSE prices might move based on NPD numbers, press releases, or just plain hype. It may be very disconcerting and frustrating when you find that you have a position/opinion that is at odds with the rest of the market but that's how free markets work.