A good example of how a large player might effect the market seems to have happened recently.
Carl Icahn left the Trump celebrations early when told that the Dow futures were down 5% and bought $1 billion worth of stock. Is it possible that that one punt started the rebound? I wonder what might have happened if he'd sold instead.
A former Heart (now gone from HC) once said that we retail punters are just corks bouncing around in a vast sea of speculation - an image I often recall.
For me, the single most important element of my evolving trading plan is how to manage losses: what to do when despite my best attempts at analysis, the market disagrees. I will probably get "luckier" as I learn more but I reckon a large dose of humility will also help
- Forums
- ASX - Day Trading
- Daytraders Weekend Aftermarket Lounge 11-14th Nov
Daytraders Weekend Aftermarket Lounge 11-14th Nov, page-69
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)