RE:Terry. Why BTV two years ago? Rhetorical Question.Calls4U2C, I tend to agree with everything you've said here. I experienced the whole journey and had similar thoughts. We, as retailers, are the first to be abused and they bank on this fact. The only distinction I would make for myself is that knowing this fact I consciously chose to keep the bulk of my position through the onslaught. (Mistakenly or greedily.. you choose).
Over the last 25 yrs. I have learned alot about and in the market. That being said, I do not always put those good lessons into practice.
I've learned the best I can do as a retailer is ride the coattails of the insiders and the larger players but also know when to jump off without being too greedy.
Fear and greed are two of the biggest motivators.(and that holds true for the insiders and larger players too.)
The shenanigans they can still legally pull and get away with are sickening and also, in my opinion as well, should be made illegal. The problem is they know what they can do and get away with and continue to push the envelope. Ultimately, we must time not only our buys but sells too.
BUY LOW SELL HIGH.. instead of the other way around.