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Hi [USER=94]@greggles[/USER] & [USER=4670]@barney[/USER]

I've hijacked your post from the "stx-strike-energy" thread that I can use for an educational post in the 'Dump it here' thread about market knowledge.

Disclaimer
As I'm on the ride of ASX:STX, in at $0.135 & it's a perfect segue to explain "when you know - it's too late"

The market is not a level playing field
The stock market is not a level playing field, but most individuals trade as if it is. They assume they have the same information as everyone else, so they focus on the facts that are readily available to them & ignore how a stock is actually moving.

Someone out there always knows more than you do
We don’t consider that maybe someone out there knows a lot more than they do & perhaps that might account for why a stock is moving the way it is. We have all seen a situation in which a stock suddenly starts making big moves up or down such as [STX] & then a short time later significant news is released that explains why that move took place.

I want to alert others
Someone out there always knows more than you do, and you shouldn’t assume otherwise.

Valuable information
It is just plain foolish to think that trading is a level playing field when it comes to receiving valuable information & rather than complain about that fact, we must use it to our advantage by paying close attention to those who do have inside information. There is absolutely no way a small individual trader like us has superior knowledge about a company but the good news is that small traders don’t need an informational edge. They make up for it by moving fast and being reactive to breakouts the very essence of a trend trader.

Someone knew
Look at my weekly chart, someone knew something well in advance of the news being released, I'm so lucky my strategy snagged the breakout - in @ $0.135.

Standard Chart [STX]
[ATTACH=full]97088[/ATTACH]

Expanded view of the same chart [STX]
[ATTACH=full]97089[/ATTACH]

Skate.

<blockquote data-quote="Skate" data-source="post: 1038814" data-attributes="member: 57364">Hi [USER=94]@greggles[/USER] &amp; [USER=4670]@barney[/USER] I&#039;ve hijacked your post from the &quot;stx-strike-energy&quot; thread that I can use for an educational post in the &#039;Dump it here&#039; thread about market knowledge.DisclaimerAs I&#039;m on the ride of ASX:STX, in at $0.135 &amp; it&#039;s a perfect segue to explain &quot;when you know - it&#039;s too late&quot;The market is not a level playing fieldThe stock market is not a level playing field, but most individuals trade as if it is. They assume they have the same information as everyone else, so they focus on the facts that are readily available to them &amp; ignore how a stock is actually moving.Someone out there always knows more than you doWe don’t consider that maybe someone out there knows a lot more than they do &amp; perhaps that might account for why a stock is moving the way it is. We have all seen a situation in which a stock suddenly starts making big moves up or down such as [STX] &amp; then a short time later significant news is released that explains why that move took place.I want to alert othersSomeone out there always knows more than you do, and you shouldn’t assume otherwise.Valuable informationIt is just plain foolish to think that trading is a level playing field when it comes to receiving valuable information &amp; rather than complain about that fact, we must use it to our advantage by paying close attention to those who do have inside information. There is absolutely no way a small individual trader like us has superior knowledge about a company but the good news is that small traders don’t need an informational edge. They make up for it by moving fast and being reactive to breakouts the very essence of a trend trader.Someone knewLook at my weekly chart, someone knew something well in advance of the news being released, I&#039;m so lucky my strategy snagged the breakout - in @ $0.135.Standard Chart [STX][ATTACH=full]97088[/ATTACH]Expanded view of the same chart [STX][ATTACH=full]97089[/ATTACH]Skate.</blockquote>

[QUOTE="Skate, post: 1038814, member: 57364"] Hi [USER=94]@greggles[/USER] & [USER=4670]@barney[/USER] I've hijacked your post from the "[B]stx-strike-energy[/B]" thread that I can use for an educational post in the 'Dump it here' thread about market knowledge. [B]Disclaimer[/B] As I'm on the ride of ASX:STX, in at $0.135 & it's a perfect segue to explain "when you know - it's too late" [B]The market is not a level playing field[/B] The stock market is not a level playing field, but most individuals trade as if it is. They assume they have the same information as everyone else, so they focus on the facts that are readily available to them & ignore how a stock is actually moving. [B]Someone out there always knows more than you do[/B] We don’t consider that maybe someone out there knows a lot more than they do & perhaps that might account for why a stock is moving the way it is. We have all seen a situation in which a stock suddenly starts making big moves up or down such as [STX] & then a short time later significant news is released that explains why that move took place. [B]I want to alert others[/B] Someone out there always knows more than you do, and you shouldn’t assume otherwise. [B]Valuable information[/B] It is just plain foolish to think that trading is a level playing field when it comes to receiving valuable information & rather than complain about that fact, we must use it to our advantage by paying close attention to those who do have inside information. There is absolutely no way a small individual trader like us has superior knowledge about a company but the good news is that small traders don’t need an informational edge. They make up for it by moving fast and being reactive to breakouts the very essence of a trend trader. [B]Someone knew[/B] Look at my weekly chart, someone knew something well in advance of the news being released, I'm so lucky my strategy snagged the breakout - in @ $0.135. [B]Standard Chart [STX][/B] [ATTACH=full]97088[/ATTACH] [B]Expanded view of the same chart [STX][/B] [ATTACH=full]97089[/ATTACH] Skate. [/QUOTE]

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