Mind Reading Market

[GreatPig]

I swear this market can read my mind!

This morning I had yet another incidence of what's happened many times before. I've watched the price of a share I'm interested in buying (opposite happens with selling though) and it's been up say 2% and sitting around there for some time.

Eventually I decide it doesn't look like it's going to drop back to give me a better entry price, and decide to buy at that price. I switch to another screen to prepare a buy order, then before submitting I go back and refresh the current price. Up 5% now!

C'mon, one minute ago it was only up 2% and had been there for quite a while, why has it suddenly shot up another 3% within seconds of me actually deciding to make the purchase?

I'm going to have to come up with some way of making the trade before I actually think about doing so...

GP

 

[explod]

Obviously "great minds think alike" Can only suggest that as soon as you make the decision buy at market price without rechecking. "time is money" perhaps

I am unqualified

 

[happytown]

...

I'm going to have to come up with some way of making the trade before I actually think about doing so...

embrace the benjamin libet within you

cheers

 

[Timmy]

GreatPig - I actually think there is a lot to your post ... it is surely not coincidence? Explod on the right track with 'great minds think alike' - as we sit in front of our screens with various alerts triggering our interest we are not alone hahahaha.

HappyT - I had to look up Benjamin Libet on Google ... interesting stuff and very pertinent.

GreatPig = great thread thanks.