Post by
Stockmoves1 on Oct 19, 2021 12:36am
A simple meaningful Quote ....
"the only winners in Life are those that control the Game" now that's a classic line in life that applies especially to the stock market...the classic MM.. years ago I found if you want to make money in the markets do not get married to a stock.. Now in the case of AMK I have to admit to a large degree I did get married, for good reason, but that being said this quote comes back to bite me at times... No matter how great the story, this quote rings true... "the only winners are those that control the game".. It's without a question one of the most important factors in being succesful at this racket.. For the most part, I have managed to get a handle on what games the MM is playing. But that is easier said than done at times when you aren't part of a consortium and trading on your own with no inside knowledge, you will never entirely master it, as soon as we fall in love with a play I find my profits decrease.. (now there are exceptions) there are times to buy and hold.. So many times I have caught the fallen knife and bought up plays when a sector falls out of favor like Oil a year back and landed on great plays in the basement with full intentions of holding only to sell over emotion vs good judgement.. Had I only listened to my instincts.. Cycles come and go.. sectors are in favor and then they are out of favor,, Sector rotation plays into the hands of the market maker.. Run one sector up, cash in.. Sell short, rinse and repeat several years later.. It's truly amazing, If only I knew 20yrs ago what I know now.. Anyways it's all good and I will stop babbling now.. When you fall in love with the right play and you ride it to the bitter end the rewards are great. How to find that one gem in a Thousand... Here at least, it's yelling at us with 20mill oz, 30mill oz and counting lol. That said, we still have to put up with the MM because it's not allways about the story, it's about Control.. The window of control runs out as the opportunity slips thru the hand of decption... Timing timing timing Not always perfect but also so important... Skys are blue.... I see great things on the horizon.............
LONG on AMK..
Comment by
Yellowknifer69 on Oct 19, 2021 9:21am
Well Said Stockmoves! Totally agree with your assessment and thanks for sharing. Now sit back and watch what the shorters and bashers have to say in response! LoL Yellowknifer
Comment by
Stockmoves1 on Oct 19, 2021 9:34am
right at the open onjce more a larger sell at 20 gets pulled.. again try doing that on the ask and see if you do not get called out by your broker.. O da games people play...
Comment by
NamesJeb on Oct 19, 2021 10:06am
What exactly are the rules regarding pulling an ask or bid moments before open?
Comment by
Stockmoves1 on Oct 19, 2021 10:30am
If you push the price up IROC will be on your back yet my observation shows you can drive the price down without consequence... I get it if you are truly selling but if its just a ploy to manipulate I see no difference.. still manipulation....
Comment by
Stockmoves1 on Oct 19, 2021 11:36am
the rules are written for institutions... Jeb... when you see how many odd lots and algorithms are written to downtick a stock when buying in the ask yet cause d to make others think it was a sell... so many games are used...
Comment by
NamesJeb on Oct 19, 2021 11:59am
Yes I recognize there are many shorting instruments and techniques in the gold market especially. But from a legal standpoint is what they're doing actually permitted? Or it's technically illegal and just allowed for them and not for us...
Comment by
Stockmoves1 on Oct 19, 2021 12:33pm
ask yourself why naked shorting exists and you get your answer... the system is corrupt.. institutions mostly I believe are allowed to rob JOE....