Ander,
I call it near sited disease
It happens because people spend to much time watching cnbc, posting on pump message boards, watching every single tick etc
Eventually you become like the people you originally laugh at
Not to rag on you specific FA. I've done it to
But i've seen you before this board.
Bashing on gtel's rb board, hyping on others.
At first i figured you were the same as all the rest
But after this board I didn't know what to think
Whether you had intentions of moving a stock price or just didn't get the game.
Like you calling otc's a scam, because you don't understand how they work.
Just saying the words "company fundamentals, and "otc's" means you don't know the game.
There's nothing wrong with not knowing it.
But you don't try and learn it, you're happy calling it a scam
Just like Oil. You don't think that bull trap top was a scam?
When they pumped every oil stock to the masses, while "smart money" sold them the shares.
And promptly knocked oil down 10 bucks
How is this scam any different?
It's the way markets work
I agree with you that you look at indicators, and if they go sour you re-think it.
But you can't make you're indicators to short term or you get whipsawed to hell.
You'll never know what's happening
Because "smart money" knows their are alot of noob daytraders and trend junkies in their market waiting to get their pockets fleeced.
Every market is a scam in this case.
The knowing fleece the ignorant.
It's how it works