Post by
Nothingmatters on Feb 18, 2022 1:12pm
It is a pattern developing
That we always go down during earnings season. 4.50 sp seems to be lowest point of correction and then run up to 6. Thats the trend hope i am wrong.
Comment by
BayStreetWolfTO on Feb 18, 2022 1:15pm
This isn't like it was in the old days. These AI algos can swing on a dime based on certain news. I have seen too many times this year the DOW down 500 at lunch and finish green...this happens WAY too many times to count... It's like the AI algos continue to learn...one day everything runs by machines...
Comment by
BayStreetWolfTO on Feb 18, 2022 1:18pm
That's why I play the long game...imo trying to beat the AI algos consitently is like playing the wheel in Vegas...Black, Red, Green Sure you can getr lucky but I bet many got left behind when BTE gapped up $1.25, $2.30 & $3.30 but roll the dice and take your chance right
Comment by
ManitobaCanuck on Feb 18, 2022 1:25pm
Exactly ..I got back in under 5$ after booking profits aroing 5-5.2 .Reducing the cost of ownership of my original Baytex stocks to almost 15 cents by these frequent trades.
Comment by
BayStreetWolfTO on Feb 18, 2022 1:37pm
Yes I think many here (some with multiple alias) flipping in an out for that extra few thousand shares here and there...probably keeping the shorts busy as you trade back and forth lol
Comment by
Nothingmatters on Feb 18, 2022 1:19pm
This market is crazy. Yes buy and hold and trend is your friend is the best strategy....