|
PureBytes Links
Trading Reference Links
|
<<I have been a trader for two mutual fund companies and it does not
work in stocks
and I doubt very much if it will work in commodities. If you can show
me
proof that it does I will listen.>>
We all know of your incredible impeccable credentials, Norman. (How
could we not know). If I proved it to you, then you would have to quit
your piranha anonymous group.
Stocks have the specialists at NY who are not allowed to push the market
like the locals do. They take the opposite side to create liquidity.
The locals create moves in an effort to pick off all the "suckers" that
have signed up to trade in "their" pit. To them, if someone leaves a
stop, it is their "right" to pick it, because such a person "is a loser"
anyway. (I've heard them talk this way in the background on LOS). But
this is part of the game, as we know it at this time.
We are all fortunate that Norman didn't buy a seat at 12.5k, or he might
be likely to brag a little.
Don
|