Gidday Bell, You and I (retail investors) pay for our individual trades but those investment houses, hedge funds etc don't. I believe they pay a yearly fee and can trade all they like. That's why they can manipulate the market so easily at very little cost. The only thing in our favour is we have "agility" in the market and we can play their game to our advantage. We can be in and out in a flash...if you are a trader that is, or if you are an invetor you can ride on the back of their shorting and get in and when they start to exit you can ride it up as they cover their positions.
Sounds easy I know but it does take a bit of guts and determination. Just remember that if you decide on an action from what the market is causing.....like fear so sell....it usually the opposite that is the way to go!
You probably know all this anyways! LOL
LYC Price at posting:
96.5¢ Sentiment: None Disclosure: Held
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