Day trading pre-market open June 2, page-9

OT


Morning Traders,

Is it just me or are the 10s of thousands of new traders that joined the market after the covid crash finally out of $$$ ?
The spec market past few weeks has been very flat & probably due to most of those new traders switching to crypto past couple of months but only to get burnt badly by the recent crypto correction.
I’ve noticed Facebook groups mostly made up of these new traders are extremely quiet compared to late 2020 early 2021 but I guess that’s all part of the share market cycle.
Seems like the market is slowly going back to it’s pre covid days as the less knowledgeable money isn’t around to push things up to crazy levels as seen in the past.
All of the above means you just need to be more patient & choose your stocks wisely as there’s still plenty of opportunities each week offering 10%—20% gains in a day but a lot less then past 6-12months
I mean bring back the days of multiple 500% + runners in a week

Best of luck

Safe & Happy Trading