Any questions on Pump and Dumps?
Which is probably the biggest reason why new day traders lose money.
Then get sucked in by FOMA or what ever and then get Burn losing money on trades.
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Never trade first few minutes. If volume decreases suddenly it’s almost definitely a PnD. No catalyst is also typical of one eg no updates no news
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How can you identify one and know when to get in? There's hundreds of tickers being pumped per day. What's the trick?
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Never trade first few minutes. If volume decreases suddenly it’s almost definitely a PnD. No catalyst is also typical of one eg no updates no news
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I have a PnD question - the guys that are pumping. Are they collaborating with each other to rip off the little guy or are they being paid by the companies / someone else that wants to profit?
Are there any premarket signs before the open that a stock will get pumped higher or dumped/naked shorted at the open?
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Every time i buy a stock while it's going up it seems to turn around right away and start going down. I always feel like someone is trading against me. 😆 Please how do i recognize when NOT to buy because it may have started dumping?
Never buy in pre-market. Wait til market opens to hop in.
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They get to greedy expecting a 100 or 200% return. My rule is any profit is still a good profit, take it before an offering or bad PR drives the price down, and move on to the next trade.