Capitulation
Risk & psychologyThe final phase of a decline, marked by heavy-volume selling and widespread exhaustion.
In plain terms
The mood is not caution — it is disgust, and people questioning whether equity works at all.
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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The final phase of a decline, marked by heavy-volume selling and widespread exhaustion.
The mood is not caution — it is disgust, and people questioning whether equity works at all.