daytrade diaries... thursday part 2, page-95

  1. 1,227 Posts.
    YT

    Good point regarding the % gains on the tick. Also important to note that buying at 10.5c, one tick down loses 5%, hence I never buy at 10.5c, only 10c. Thats why you will see a share trade at that level for quite a while with buyers at 10c having orders filled and selling at 10.5c, and whooska, all of a sudden the depth under 10c dissapears when momentum changes.
 
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