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@ Joulesnoooooooooaaaaaaaaahhhhhhhh :1zhelp:
right now the only cup n handle req'd is for drinking tea.....
sheesh
Nice to see you again.
Where have you been?
Nice to see you again.
Where have you been?
and high vols cause the inverse, too.....
i think you may benefit from doing some basic study on what an auction actually is....what drives people too an auction......
I'm asking more so what factors may change a share price, just an example of one of the things I've seen.. If the whole volume of trades in the company is a positive or negative reflection on the SP.. without any company announcements.
Cheers.
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One of the biggest drivers of share price is the direction of the market.
I would say "all boats rise with the tide"
But some clever-clogs will say "not all the boats"
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There are two camps (at least); one investing (herbivores) one trading (predators).
Learn about both before you decide which you would rather be.
When you understand both camps, you will know why **** happens.
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yes, it's a fair question....
ok, for example and in no particular phase or order, think on this.....what is sentiment?
think about yourself.....your question carries a sentiment.....it's bullish.....you think that by looking and knowing what drives up price can give you an insight into getting in at the right time and at the right price
there's a lot of people thinking just like you......accept that youre just like everyone else
accept that you dont know that there are some people who have a lot of money who are the true drivers of sustainable price and who can also withdraw their long-side support at any time
accept that your prospective share is really a vehicle used to make money, to churn volume and price.....to withdraw value from your account to someone elses......this is the art of pushing the bid against the offer to force direction and tap sentiment.....
accept that right now you cannot read the signs of genuine accummulation versus a rinse-n-spin price rise
if you do accept this basic concept that you (yourself) cannot read when a price is being mined for its sentiment value, then, you are one step ahead of your account going to zero.......the odds of your account hitting zero is far higher in probability than you picking the winning horse.....because you are basically ignorant of the people who you are buying from... acknowledging this is a good thing....recognize this and take steps based on this ignorance, once youve owned up to the very thing you dont know youre way ahead of everyone else who's guessing as they go.......
your prospective speccy stock is already known and understood by the money that needs to know.....it is extremely rare for the major money not to know what-when-where of a company......the likely hood that you'll buy an oil-gusher or new technology ahead of anyone else is a fat-chance-to-none on an odds basis
so, this brings you back to the basics of what makes an auction, who comes to it and for what purpose......
several people here can write a cupla chapters on what makes volume move thru an exchange for one single stock code......but before you get to a specific code you need to be satisfied you understand what makes an auction
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So, which stock should I buy?... but before you get to a specific code you need to be satisfied you understand what makes an auction
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saturday night in a chat room.....lulz on me
repeat this to yourself forever: what is the point of the (stock code) auction today and this week and this month and this year?
you need to always be in balance with your own knowledge, that is, the extent of your knowledge and the only way for you to achieve that balance is by asking non self-sentiment questions, in other words, to first balance out your own bias, your own sentiment, towards the thing you are interested in (a stock code)
you must ask the questions about the trade process and elocute what's happening
this should bring you back to the basic question of what is driving both sides of the price and you can only do this when you fully understand the nature of that particular auction, the phase it is going thru, the type of traders who in the buy-side and the type of traders who are in the sell-side, asking; what are their intentions and where is the evidence that reflects your conclusions.....this maybe far more valuable than the company or it's product/service....i say it is, in reality, far more influential than what the company does or produces.....
which still brings you back the basic question of makes an auction?.....
if you get any instant-soup answers to your questions, the odds are extremely high that next time around the auction ball-game has shifted but you wont know the right question to ask so you'll make an honest bet thinking youre getting honest odds and while the volumes can look similar and the company appears similar it is the auction process itself that carries the clues.....
there's a fake shoulder drop in every trade.....
low volume stocks can very quickly be assisted to elevate, the news comes out, it's good news, the stock price plummets south.....the people who needed to turn over their liquidity did what they needed to do and are now exiting the stock on the day prior to the news during the blow-out phase when all the tiny money just had to get in....in some instances they are simply churning their liquidity to create a range...price goes from 3c to 8c pre news, news releases, price plummets to 4c, tiny accounts chased up the price and bought all the supply the major money no longer wants, everyones happy.....erm......err.....the company does a cap raise, tiny accounts lose faith and start selling, easy supply for major money, a new announcment comes out, up we go again, major money sells the tiny money ('i-knew-i-shoulda-held-on') pressure on price is not as severe second time around, price treads water and gradually the tiny money hangs on for months and months while price drifts around in a small range and slowly deteriorates until a new news phase comes up...by this time a cupla years may have gone by....
there are a trillion stories in the goolash .....
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slowly deteriorates until a new news phase comes up...by this time a cupla years may have gone by....
The tiny-money bloke holds in faith until the share price reaches the price he paid.
This brings him to the lip of the cup.
He and his mates rush to sell which makes the handle!
... and then voila; a cup and handle!
:Which stock should I buy?:
... beef stock for goulash soup
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rabbit stew.....with nuts?
The tiny-money bloke holds in faith until the share price reaches the price he paid.
This brings him to the lip of the cup.
He and his mates rush to sell which makes the handle!
... and then voila; a cup and handle!
Which stock should I buy?:
... beef stock for goulash soup
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Hey Joules,... you need to be satisfied you understand what makes an auction
This is the best post I've ever seen on "Auction Action"!
Well done.
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