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Replies to #41349 on lowtrade
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BigBake1

03/20/14 5:03 PM

#41398 RE: lowtrade #41349

Funny you should say that, no kidding I said this a few days ago when someone asked me if I trade even though I know someone is getting fleeced at the other end, here is exactly what I said:

I came to terms that you cannot fight the "pump", it is going to happen whether the facts are presented in front of people or not. I trade stock to make money and some people no matter how much you tell them it is all fake will continue to buy the security. I cannot control their decision making even when it is completely revealed it is a fraud.

I have played in and out of this recent "pot" craze, but I buy and sell the same day. So it is all volume related moves to get in and out of. I like the low cost NASDAQ securities mostly, on the OTC it really has to be "smack you in the face" obvious that some group is running a ticker.

Some may see that as a conflict of interest, but my thinking is whether it is on the OTC or an Exchange there is some form of scheme going on in the markets in general. To be a purest means you do not buy and sell any security, because in the end they are all schemes of varying degrees from many different variables.