Day traders' after-market lounge March 8, page-26

@Happysummers-

This is a topic that does interest me to discuss - when I first started out - I could not figure out why things got dumped on good news - why good stocks don't run or move a lot at times - when some of the real speculative ones can just go crazy for no reason - why some days the match is lit and some things really go nuts - why the background macro stuff is important to follow - cause often new traders really don't understand the overview -

Over time I figured it all out gradually - but the one thing that really struck me as consistent when I first started watching this thread is that the traders/chartists back then - all followed charts and did not really have much of a clue or care what the fundamentals were - which then got me interested - so I kept watching - sure enough the ones that were most consistent with their calls were the chartists - time and time again -

Well I then got busy learning TA and have to say was not easy - many thousands of hours by myself with a bit of guidance from some of those kind peeps - Off to the education thread Jako8558 is an amazing teacher - after a long frustrating couple of years it finally started clicking into place -

Then also learning about the drivers or mechanisms in general around raising capital and growing businesses - some hate this - however I see it as a necessary thing to enable progression for listed companies - so you have to really have a look into how that all works - not every situation is the same - So put simply things pump and dump around this process for a while - usually the decent things stabilize and recover - some things are a bit shady though - so that is why each and every has to learn to look - even the most experienced traders get caught out - and usually if something is running trade that - the first member of this thread does not ever hold over night -

So that brings also a separate layer of people that do buy into capital raises seed investors - whom buy into ideas and put up capital to make progress happen - again - they may make money but without this process nothing would happen - we would all be sitting here with no liquidity - In fact the more activity and the more participants the more the markets function well - that also extends to shorting - some people hate short selling but again that does provide a hedge in a lot of cases - complex -

What I think works is fundamentalists commenting on things they think are good and chartists looking at those charts - trading is imo about charts and movement - we can work together on this point -

But yes the daytrading thread is about daytrading - not to determine whether it is fair or an even playing field - it is not - and from there it is a game of learning effort and skill - hence my occasional out bursts when the traders get attacked on here - bit frustrating

Even on the threads- if you look closely at the charts the worst trolling is going on after a spike - when people buy at the top and have no idea why the price is falling after a raise or a macro event - they simply have not really understood what is going on - and often quite telling in their commentary they have not really researched the company and what it is doing and how long that will take to happen.....

So there is much to learn - fundamentals are a starting point