Isn't that how you first get bitten ?
Ann out , you buy
Morning pump , you'r 50% or so up and feel like you have made the best decision.
I'm holding for dear life you say
SP comes down and it's "it will bounce
however no bounce
sitting at loss eventually you end up selling.
My point is, everyone does the "let's buy news" trade, the smarter money knows this and uses it to it's benefit ie buy before hand and dump on news ect , it's far more profitable to have some trading knowledge TA or FA behind the discussions. IMHO
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Isn't that how you first get bitten ? Ann out , you buy Morning...
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Open | High | Low | Value | Volume |
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Buyers (Bids)
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Price($) | Vol. | No. |
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1 | 45761 | 0.052 |
1 | 50000 | 0.051 |
8 | 212000 | 0.050 |
2 | 618888 | 0.049 |
Price($) | Vol. | No. |
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0.054 | 625 | 1 |
0.055 | 100000 | 1 |
0.056 | 149599 | 1 |
0.057 | 663579 | 3 |
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Change
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