Trading the stockmarket (NO Referrals)
- Thread starter mcast123
- Start date
I'm down 23% on NOK, just buy more when it fully bottoms out to average down.
I doubt it falls much further anyway maybe to 4.2 at most
oh wait your stop loss already sold
but next time, always have money spare to average down hard and within a week or less you can probably bail on a tiny profit
Soldato
Nevermind, it let me buy 1 share now.
I have no idea what I'm doing. But it's money I can afford to lose so whatever.
Caporegime
This is what this needs. Its needs big names to get behind it and publicise it. This isn't about this isolated incidents, this is about the big boys in the world constantly ******** on the little guy and getting away with it. I'm not sure I agree with him here but a lot more people will hear about it now.
Soldato
What this needs is Elon not pooping on it but instead showing confidence in the stock rising.
His tweet will scare people right now not encourage them.
The chatter is almost nothing but talk from wobbly worriers, much more so than pure confidence that was shown this week.
Oh my god this is glorious.
Soldato
eToro has re-enabled buying.
Soldato
Why? Its not worth the price being paid for it. Its manipulation from both sides..
Soldato
- Joined
- 25 Nov 2005
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Pretty obvious manipulation is only allowed by the exchanges by one side not both
Soldato
No, the manipulation is from the buyers as well, to force the price up so they can take money from the other side.
Soldato
But it's a free market only when both sides can play the game.
Soldato
I'm talking about the act of forcing a short squeeze. Its manipulation of fair value to take money. Hedge funds have been doing this to each other for years, it doesn't mean that WSB doing it changes the aim of whats happening.
If hedge funds all worked together to do this against a bank for example, it wouldn't be allowed.
Which is fine. The issue is when they are given some BS reason they are no longer allowed to buy.
The suits dont like it up them!
Soldato
- Joined
- 25 Nov 2005
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- 12,454
Ahh yes that's why every retail trader is blocked from being able to buy GME today, my mistake it's totally fair for all of us
Soldato
- Joined
- 25 Nov 2005
- Posts
- 12,454
And they've never been stopped from doing it, as soon as retail join the game though, suddenly it's a massive no no
Soldato
Your missing the point. I'm not defending that.
I'm saying, don't be fooled into thinking this is still some crusade for the greater good. Its well beyond that. A couple million people working together to force the price up of a stock to values it should nowhere be is manipulation too
I can't even reach HL - so probably dead
Absolutely fine for me this evening, took a buy earlier and fill or kill this evening after market close.
Soldato
Hedge funds don't have millions of accounts with x100 leverage.
Its not black and white