Those market rookies are the most frustrating people to deal with sometimes. My friend is panicking because XOM is down and he said he's "lost money." You don't lose until you sell lower than what you bought, but the lack of patience and understanding is so difficult to deal with.
Right.... you want slight pullbacks consolidation. Same someone for last three days always puts a very large sell block in. Then pulls it as soon as bid moves down. Catching a nice chunk on ask and poof sell disappears. One of these times his fingers aren’t going to be fast enough and will lose that block.
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