For those who don't understand the logic. The pro-traders spend a lot of money boosting the SP. To keep it going up and momentum strong, they have to keep supporting the SP. If they have made enough according to their plan, it makes sense to sell into the stack. They get their trading cash back and they send the SP back to where they can buy cheaper. Then they can start again.
Remember, they are smarter than us, have more money, and use computer trading stuff we never heard of.
- Forums
- ASX - Day Trading
- daytrading nov 24 afternoon
daytrading nov 24 afternoon, page-66
-
- There are more pages in this discussion • 145 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)