Something that some may have already likely understood but also something that others may have overlooked especially newbies. This is purely me rambling and a bit of boredom and thoughts popping in and it may not necessarily be true nor something I necessarily believe, rather an observation from one perspective.
The stock market is full of all sorts of traders/investors ranging from those that invest the minimum $500 to those who invest $5k, $10k, $50k and into the $100k plus range from the blue chips to the spec end.
The spec end as well know is rifle with emotions from newbies to veterans as we are all aware and all experience. The market is more psychology than anything and many may or may not have noticed or be aware that those with smaller amounts invested are usually the ones jumping ship all the time, changing sentiments back and forth with every few pips up or down.
The realisation is that if you have $500 to $5000 invested, one yes to a great many that's a lot of money, but also the psychology of many is they want to double that investment really quickly and when it doesn't happen within days, weeks or even months things turn sour and they sell out and then become hostile on the threads.
For those of us that can invest a lot more with at least $10k in SRT at 0.022 every pip up is just under $500 and so 0.022 to 0.024 gives you $1,000 return which can sometimes happen within a few days or even in a day or hours. Not a bad return and you do that 5 times a week and there's $5k. Yes that's more in line almost with day-trading, for me it's more short term trading on certain parcels as I've stated I do in previous posts.
A $500 investment at 0.022 with one pip up you're still in red if you have $20 broker and need it to go up 0.024 just to break even.
$1000 same level makes you a couple of bucks at one pip. at 0.030 it's about $400 profit. Some that's a lot but also may or may not be worth the risk of losing the $1k as it may take a while to get to the 3c mark.
That's a significant difference in earnings and an insight into the difference in psychology of different level of investors on the expectations of SP increase. Someone with $500-$1000 want's it to at least double, certainly go up more than just a pip or two and sometimes those expectations are too high or expected to happen instantly.
Where the investor putting in a lot more, if things change they can sell make a small profit for a few pips and move on.
Personally not looking to let any trading parcels for SRT go until we enter the 3s and happy to wait patiently and accumulate at these levels.
My main point is just attempting to understand the different psychology of different levels of traders and everyone has different expectations and people should keep that in mind when posting on here, whether you are saying to buy or sell.
Sorry for the long post, just my rambles and thoughts that are filled with assumptions from simple observations over the years. Some may agree or disagree with it.
SRT Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held
(20min delay)