InvestorsHub Logo
Followers 53
Posts 1192
Boards Moderated 0
Alias Born 10/02/2014

Re: None

Friday, 08/07/2015 1:56:22 PM

Friday, August 07, 2015 1:56:22 PM

Post# of 55020
Let me teach you a little trading trick without giving away all the secrets here! Let "volume" be a function of FUNDS available to trade by "x" amount of traders. Those FUNDS follow a bell curve, with the majority of funds being held by traders with less than $25,000 in their account.. in layman's terms: THEY DON'T ACTUALLY HAVE DAY TRADING ACCOUNTS! Which means that the majority of trade volume yesterday was produced by accounts that if bought and sold yesterday/today do not settle until NEXT TUESDAY OR WEDNESDAY. (if you don't know what a bell curve is I suggest you go purchase a Statistics book, it tells you the GUARANTEED likelihood of certain things that are within generally accepted boundaries) In other words, the volume spike needed to reach 0.0040 won't even be available FUND-wise until next week. Thus, don't expect no silly pop here on a Friday of all days lol.. sheesh, not sharing and more PRO TIPS with you newbies haha.

And remember, the 1% that do have $25,000+ in their accounts rely on the other 99% to make their gains so it DOES NOT MATTER that they can buy and sell as they like. It's big fish eats little fish. If you're in the 1% are you going to buy and sell to YOURSELF lol?! THINK! USE THAT NOGGIN' OF YOURS PAL! SEE YOU AT 0.0013!!

See you tomorrow peeps. I'm going out to drive my Ferrari!

*Closes day trading chapter*