RE: While i'm disappointed too, not a lot one can do about the circumstances.30 Apr 2024 07:50
I'm not angry at them, their money, but they are still idiots. Some 20+ people bought and sold for a loss yesterday, pretending they all held and not bailed out the mm's this would be 3p now simply really. Today in stocks with good news exactly the same will happen. What a trader does not realise is buying something with a huge spread then selling for a big loss a hour later to trade something else means it's almost 99% certain they will go bankrupt because the next stock they play will also have a 10% spread, every stock now has a huge spread, they will be instantly 300-700 down the moment they buy, they need a huge % rise to make a tiny profit and they have no patience to see it get there so they sell again for another loss rinse and repeat where as you are better off buying and holding for as long as it takes. Better still stop trading and go down the casino if they want fast money...black or red is a better bet than trying to beat a Aim market maker in a hour with a 10-20% spread