Monday, December 17, 2012 5:25:12 PM
$ SFRX - I do not think folks grasp the concept of gift (bid) support.
Why would one pay at the ask and raise the price, when for whatever reason people are still selling. Now when the bid is 6 I move my bid order up to 6 and support that. It would make no.sense to do it otherwise? I am not here to make other people money lol. If they want to sell by all means do so. If you want to sell to me, well I will be at the bid whatever it may be,. Simple trading strategies. I have been doing this a while now and I think I know what works. I will not chase because I have my position, to be a chaser you have to have no shares and try to get in. When that time comes, I will just sit back and watch my wallet get fat.
But not .006?
Lol
Why would one pay at the ask and raise the price, when for whatever reason people are still selling. Now when the bid is 6 I move my bid order up to 6 and support that. It would make no.sense to do it otherwise? I am not here to make other people money lol. If they want to sell by all means do so. If you want to sell to me, well I will be at the bid whatever it may be,. Simple trading strategies. I have been doing this a while now and I think I know what works. I will not chase because I have my position, to be a chaser you have to have no shares and try to get in. When that time comes, I will just sit back and watch my wallet get fat.
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