The biggest myth that newbies and new trades believe is that the price is determined by supply and demand etc. it's all fixed prices. word up. and 90% of all the stocks in the OTC and penny stocks will go bankrupt and become zero. the market is just one big fraud.
I agree there is some fraud within publicly traded companies, so for investors it is buyer beware like buying most things; However, I do not agree about stock prices being fixed. I think stock prices change due to speculative reactions to new and ever changing information.
There is a logical explanation to everything. You just need faith and more time........ Practice this a few hundred times on your knees while trading. Hail Mary, full of grace. The Lord is with thee. Blessed art thou amongst women, and blessed is the fruit of thy womb, Jesus. Holy Mary, Mother of God, pray for us sinners, now and at the hour of our death. Amen. Or you can be a negative Nancy and believe that the market hates you and wants to kill you....
LOL. Anyone who trades penny stocks is asking to lose their $$$. Plenty of $$ can be made trading ... trade big caps that are highly liquid. And a bit of knowledge on market psychology will help too. Glad I didn't reach your conclusion about fixed markets back in 1996. If I had I'd have had to find a real job the past 18 years.
no really, nothing to daytrade only a few instruments. to trade or daytrade. all these ETF and mutual funds all trade the same market. I mean the real vixx has no volume yet you have 20 companies, your professional. i'm refering to newbies who actuall believe in the 'free market' and that markets are random if you pick stocks from garbage section, you get zero. markets are not random nor it is about supply or demand. you don't get my point do you. it's rigged.
you trade stocks with more than 1 million shares per day or trade value is more than $10 million cause penny stocks are too small for a $10,000 position when average daily volume is only $2000.
90% of the market garbage, univestable, untradeable. and for blue chips it's not worth measley 1% dividend. market psychology it's a greater fool theory, ponzi scheme, or con-game(fraud operation)