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Tuesday, February 27, 2018 7:42:59 AM
Yesterday, for example, if they were long and placed put their offers at .0013, sold there, then bought at .1 back, they would have made 30% less commissions.
People can make their own trading decisions, of course, I am just describing how I think what trading style is suitable, profitable. Its just a suggestion.
Its easy to spot when a 'pop up' is going to occur. As soon as the board is overcrowded, busy with bullish sentiments the 'pop up' is imminent.
That's when one places their offers up on the offer to take advantage.
If you are long you should always have some offers above the market so you can capitalise on a quick pop up, which are inevitably of very short duration which then retrace back to lower prices, buy back in if one wants..
Don't believe me, check out ACRL's historical intra day chart. This is the play.
I wish everyone good luck trading regardless of their trading strategy.
In my opinion.
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