Il Principe
Guest
Heard this for years, but have experienced it too mind-bendingly often. Mkt is slow, your in a trade, price gets close to your target, than fades...then slowly goes against you...you get out at m/l even money, then not 20 seconds later and I mean NOT 20 SECONDS LATER, it rallies back towards your target. Nothing to do with reversions, retracements, momentum; it's the timing of the move; literally the moment I get out with a mini-spurt of volume. So, should I:
A.) Immediately re-enter after closing out?
B.) Have a beer with my anonymous new friend who's responsible for this?
C.) Ponder the effects of paranoia apparent in option B?
D.) Brush it aside as the price to pay to play, as I always have until now.
It drives me nuts, I tell ya, nuts.
Il Principe
A.) Immediately re-enter after closing out?
B.) Have a beer with my anonymous new friend who's responsible for this?
C.) Ponder the effects of paranoia apparent in option B?
D.) Brush it aside as the price to pay to play, as I always have until now.
It drives me nuts, I tell ya, nuts.
Il Principe
I totally hear you. It basically reinforces the idea that the banks are not Market Making to give away money. They know where most people have their stops.. and they run them... I just don't know how they know what they know.