Just keep in mind that in most cases the volumes can be misleading and fake as once this got going there can be a lot of artificial trading amongst themselves to portray a scenario of high demand. They do it internally from one account to another. This is what gets retail sucked into the move. And off course retail make it easy for them as they always place their buy orders in the queue one or two pips lower. ( you gotta stop doing that, never place orders in the queue, always buy into the ask, investing 101 IMO)
It’s really nothing for them to churn over millions of stock to generate FOMO. To my kind of thinking that’s when your getting into the grey areas of morals and ethics ( and laws) but what would I know?
Cheers.
LTR Price at posting:
63.5¢ Sentiment: None Disclosure: Not Held
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