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Uptick Rule Removal
- Thread starter tradersboredom
- Start date
Quote from zdreg:
you don't speak like a trader.
there was always good reasons for the stock to fall.
there is a old saying a short sharp pain is better than a long lingering pain.
do you prefer immediate price adjustment or the air being let out of the stock over months?
I prefer actual price adjustment on a given stock for a reason, not because some 25 year old hack trader at Goldman has a lot of buying power and feels like wackin a stock left and right while he scalps it.
As soon as they took out the uptick rule, stocks that had no business trading erratically were trading like aapl just for the sake of trading it. There was no benefit to it. I still don't understand why it was done.
what you are referring to is called noise.
alot of traders make a good living off noise .
basically if u are investor or a swing trader you can ignore the noise.
what usually happens is that what are relatively small moves in the long run excite and make investors nervous. they then unload their positions. in the long run if u are an investor u should probably not look at your positions on a daily basis.
the trader might have been able to get around the uptick rule but i am still awaiting the answer from poster trom who thought it was easy to do.
alot of traders make a good living off noise .
basically if u are investor or a swing trader you can ignore the noise.
what usually happens is that what are relatively small moves in the long run excite and make investors nervous. they then unload their positions. in the long run if u are an investor u should probably not look at your positions on a daily basis.
the trader might have been able to get around the uptick rule but i am still awaiting the answer from poster trom who thought it was easy to do.
Quote from trom:
One old example: bullets
since u said that i don't know what i am talking about why should you assume i know what bulletins are.
in any case bullets were not available to the general public. they were also an additional cost.
why don't u write techniques that were available to the general public.
Quote from zdreg:
since u said that i don't know what i am talking about why should you assume i know what bulletins are.
in any case bullets were not available to the general public. they were also an additional cost.
why don't u write techniques that were available to the general public.
There were ways around the uptick rule. I gave you one of them. Who cares if Joe Public knew about it?