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13:09
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Originally posted by bigpelican:
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"Sadly BP day traders in oily pennies are a necessary evil of the space, they are as equally as important as LT to MT investors in many ways, they provide liquidity on news and they also help very much appreciate the SP north..."
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Originally posted by Cand1eStickMan:
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Hi Bigpelican, good post and great to hear your trading plan is bringing in healthy returns. Day-traders may not be necessary, but the reality of present day markets is that they have been inundated with new players due to the accessibility of sophisticated communications and trading technologies. The amount of day-traders has exploded with the trend and the rise of the ever-eager trading guru's teaching "hit and run" trading systems has just amped everything up to where significant impact can be felt at the share price point.
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it’s always a heated point DT action on company’s we hold imo.
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