Trading is like going to the casino.
The house always wins.
Insider information is what these pricks use to seem as if they knew what they were doing.
But they really don't!
Lots of hedge fund managers are liberal and try to short squeeze out the conservative businesses.
That's the worst kept secret.
So what they do is start selling them and practically short sell businesses out of existence.
That stupid platform Robinhood stopped selling Game Stop shares as they approached practically bankrupting the hedge fund guys.
So in a way they protected the industry bullies!
Also they sold the open positions to the brokerages so they knew where the stops were.
These are techniques that should be absolutely abolished.
But as long as phones work these fuckers will let each other know when to dump a stock before the great unwashed has a chance to cash in.
This is really rigged against the little guy.
Options trading is completely legit. Even small investors can sell short by selling puts.
I personally do not like it because to me that's nothing but a fucking future telling skillset.
If you use it as insurance for your existing stock position it's a great way to reduce risk though.
Anyways. I was just wondering if there was another technical trader amongst us.
Market sucked today. I only made 50 bux! Fuck.
_________________A walk in the woods helps me relax and release tension. The fact that I am dragging a body should be entirely irrelevant!
A simple thank you would have been enough for the morning coffee without all that "how did you get in here" nonsense.