RE:CXR trading plan for next weekadamchess wrote: It seems obvious at this point that a person can easily put a sell on at $55 and after buy back at $50 and repeat each time raising the amount by a buck or two. I guess this is a form of TA or just plain pattern recognition. It seems to easy so I guess this will pattern will break down or gap up just to throw us off. GLTA
If only it were that easy! Professionals institutions armed with advanced algorithms and high speed computer servers located close to the exchanges(milli-seconds make a difference) are happy to consistently gain .1% per day. Yep, that's tenth of 1 per cent per day or 26% a year... guaranteed.