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Mithras

08/13/20 8:47 PM

#178 RE: price_and_volume #177

Yes, I think it’s probably a perfect example of virtue signaling but I could care less and that’s not a point I’m interested in discussing. My intention is not be critical of you or anyone else.

“Why does anyone pump? What’s the purpose?” For the same purpose and reason that people virtue signal - to imply inherent value. Does it matter? Is not convincing others to enter out of fear of losing money any different or somehow better than exiting a position when you’re convinced or even certain that share price is heading south? Those shares are being passed to someone...maybe even for a large profit to you and a near term significant loss to the buyer.

My many questions were addressing trading psychology.

"Because it is unquantifiable and generally misunderstood by most traders and investors, psychology is the often overlooked intangible aspect of trading. Unlike the precise mathematical formulas used in technical analysis, we cannot easily reduce human behavior to a mathematical equation that can be plotted on a graph as a trend line or as a series of variables that we can examine in detail throughout history."

At a certain ‘level’ and within certain instruments (OTC), isn’t psychology a very effective indicator, and the biggest driver of ‘technical set ups’? If not what is...in your experience?



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Mithras

08/14/20 8:49 PM

#190 RE: price_and_volume #177

Is a worthy trader still considered worthy for capitalizing on a demand for shares created by a pump in a scammy stock?

Are indicators or technical set ups different in a ‘pump’ inspired move?