You have to be a mind reader today to figure out what the scum [who program their HF computers and the hedge-scum] are going to do each day... please tell me it was not like like this in the past 25 years. FINRA and the SEC - what a glorious bunch of screw-ups. Oh I get it we really need this movement to sustain a good economy! LOL The only ones who will justify this crap are those who get lucky for more than two days in a row and rolled the dice right! LOL Yesterday I have a good day and today, one day later the world is ending. Guess every day you have a good profit you have to close. Gotta be a day-trader now to participate in the stock market. Can't hold without increasing risk 20-fold. One month is like one year and one week is like one month!! What a farce! Is this really option unwinding EACH FRICKING WEEK that is causing this. B.T.W - who were the morons who decided to have weekly options. I was not n the markets for 6+ years and now we have WEEKLY options Anyone want a microcosm of why America is one f-cked up place... look at the gambling casino that is now the US STOCK markets; not just currency and not commodities. I think the only smart ones left in the US who "gamble" are the pro poker players - certainly not "traders"!
How to figure out what The Market is going to do: 1. Put yourself in the position of a Muppet (trusting, innocent, naive, expect that what is in motion will remain in motion) 2. Picture the inside of the Muppet's mind. Note where they will be forced to act, under what conditions they start going crazy 3. At the point of Muppet action, do the opposite.
So if the market went your way, it would "not" be manipulation right? Just trying to follow the logic.
Butthurt much? I was part of a small group who decided to have weekly options. Our only goal was to make you miserable and take your money when you returned to the markets (like a dog returning to its vomit).
While we're on the topic of "logic", I'm always interested to know why these guys who believe in manipulation don't just buy-and-hold in the direction of the manipulation. If the market is being manipulated, it's going to be manipulated in one direction for an extended period of time, otherwise there's no point in manipulating it. Just get on the same side of the trade as the manipulators and you're golden.
Oink Oink. Oink Oink Oink Oink. I find it incredibly funny when people start blaming their inabilities to adapt to changing market conditions. In the 1970's Computerization started with "DOT" designated order turnaround and smaller trader thinking "Oh no, I won't be able to make good trades". Then the 80's of Program trading between the S&P500 equity and futures markets, "Oh no, I won't be able to make good trades". Then ECN's changed decimalization from 16ths to pennies making for tighter bid/ask prices, and now HFT's and yet bar charts are bar charts. I simply don't see many differences. But when the same folks are making a killing for a day, they not griping then.
It was much worse 15 years ago when prices were fixed in the exchange parking lots. If you don't know the secrets of trading, you will lose anyway. One good day, 5 bad ones. One good trade, 5 bad ones. This is how it works unless you get introduced to the club. There is a registration fee and face control.