I do not know if this is true, but if it is it mak
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Posted On: 06/08/2017 7:50:43 AM
I do not know if this is true, but if it is it makes one think.......
MM's have what is called Level 3 insight. They can literally see all stop loss orders and since they can move the price at will they will go down and basically steal your shares from you. OK maybe steal is the wrong term, they will pay you the stop loss price. The trouble with that is you have money but no shares. And it never fails that after that bear raid most of the time the stock recovers and you will have to buy back your shares at a higher price. Lesson: Don't use stop loss orders. Bad strategy. Best strategy: Sit tight and ride it out. GO SFOR!!!!!
MM's have what is called Level 3 insight. They can literally see all stop loss orders and since they can move the price at will they will go down and basically steal your shares from you. OK maybe steal is the wrong term, they will pay you the stop loss price. The trouble with that is you have money but no shares. And it never fails that after that bear raid most of the time the stock recovers and you will have to buy back your shares at a higher price. Lesson: Don't use stop loss orders. Bad strategy. Best strategy: Sit tight and ride it out. GO SFOR!!!!!
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Never argue with stupid people, they will drag you down to their level and then beat you with experience.
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My comments are only my opinion and are not to be used for investment advice.
Please conduct your own due diligence before choosing to buy or sell any stock.
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