daytraders after market lounge 21st august, page-59

  1. 13,444 Posts.
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    64eheh next week with luck then?

    yes learning this trade is a horrible place to be...watching all that money flowing past on screen and not having the opportunity to be cut throat enough or confident enough to grab some...at least that was my experience earlier on...I am still learning, I still balk when I know I shouldn't, sometimes it can be just so I don't have to deal with the drama and added attention of owning a new stock ...costs me good money all the time.

    Need already had 12 years worth of experience.

    I find (from reading the ASX stock threads) that many investors think DTers/traders cause the pumps and the dumps and that sometimes lots of mums n dads are piling on, when it's actually all about the wholesalers and nothing but the wholesalers...the majority of every line is populated with wholesaler buys and sells in/out and through themselves one way or another in the quest for good averaged priced parcels to sell into later...rince repeat...price goes up and price goes down...the only dance in town is to their tune.

    Good luck for you tomorrow.

 
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