Just an FYI everyone, remember there are forces
Post# of 96879
Posted On: 03/28/2016 10:37:47 PM
Just an FYI everyone,
remember there are forces out there that are eager to get our shares and will use any means nessesary to aquire them and it usually happens after a hughe upswing such as ours. One of the tactics that comes to mind is...when a trader uses a stop loss strategy in minimizing any loss of gains, the forces out there will exploit all the stop losses, (the domino effect) gobbling up all the shares they possibly can while bring the pps down, creating fear amongst the weaker hands, resulting in a massive sell off, in which they will gladly take your shares. All the while knowing it'll ramp back up pre opening bell price and beyond, leaving all, if not most in the dust with a sickening feeling in your gut. I've been there and it's not fun. This has been my experience in the past and is absolutely MHO. Be careful out there peeps and know what the hell you own and don't get fooled! Please know the difference between a pull back and a false stop loss manipulation. For me, I'll be keeping some extra powder on the side for exactly this scenario. Two can play this game if you guy's get my drift. Haven't sold one share and I'm too willing to aquire more cheaply shares should the opportunity arise. So...the point is be careful if using stop losses this early in the game.
PS, the MM's and the dark side are notorious for this.
JAX
remember there are forces out there that are eager to get our shares and will use any means nessesary to aquire them and it usually happens after a hughe upswing such as ours. One of the tactics that comes to mind is...when a trader uses a stop loss strategy in minimizing any loss of gains, the forces out there will exploit all the stop losses, (the domino effect) gobbling up all the shares they possibly can while bring the pps down, creating fear amongst the weaker hands, resulting in a massive sell off, in which they will gladly take your shares. All the while knowing it'll ramp back up pre opening bell price and beyond, leaving all, if not most in the dust with a sickening feeling in your gut. I've been there and it's not fun. This has been my experience in the past and is absolutely MHO. Be careful out there peeps and know what the hell you own and don't get fooled! Please know the difference between a pull back and a false stop loss manipulation. For me, I'll be keeping some extra powder on the side for exactly this scenario. Two can play this game if you guy's get my drift. Haven't sold one share and I'm too willing to aquire more cheaply shares should the opportunity arise. So...the point is be careful if using stop losses this early in the game.
PS, the MM's and the dark side are notorious for this.
JAX
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