Short Summary - October 11. Another satisfactor
Post# of 7023
Another satisfactory status quo day for $SFLM but with low level flippers continuing to hinder upwards progress all day.
Prior to the open, it was disappointing that traders are still failing to cancel left over asks before the open.
MM ASCM was absent all day for a 7th day.
I and another main trader of $SFLM took out the clowns that left walked down .0028s up at the open.
When the .0029s were up, complete morons had stacked it to 6M - I have previously stated we don't want to see more than 1M at any price point.
Then more idiots tried to dupe people into selling by trading on the bid .0027 > .0025 and others walked 2M+ down to both . 0027 and .0026.
In the closing minutes, serious trades took out the walked down ask .0026 + .0027 but clowns had stacked .0028 to 3M.
Once we get the .0030+ break, the serious traders of $SFLM should be able to get momentum going and by continually outbidding stopping low level flip people from getting back in.
Overall, 13.5M was traded - 10M less than yesterday - so the strategy of trying to prevent low level flippers reloading is starting to work.
Traders need to note that every 1M sold at .0028 instead of .01 is throwing away $7.2K in profit and throwing away $17.2K at .02!
Latest Overview here - updated October 1, 2023:
https://investorshangout.com/post/view?id=662484
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A very apposite motto for those who trade successfully in the OTC market..
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