Ladies and gentlemen19 Nov 2020 21:12
It is absolutely pointless in watching buys/sells for several reasons. It’s all purely gamesmanship from the mm’s. I have seen large buys sending the price up and also down. Sometimes large buys are done to generate a sell off by means of selling them all to push the price down during the sell off. Sometimes a big buy says follow the money. It’s pointless trying to second guess the games in the market. For example, I used to see live trades on my HL account, no longer. Why? Because live buying/selling would give me a chance to judge the movement. We are gradually see more access that we have as PI’s diminishing to work against us. Google stops working, LSE keeps breaking.... I used to use sharemagazine for live trades, they have now stopped that too. More and more tools are being taken from us together with the market games increases our risk and improves theirs. Trades are delayed, if we get to see them at all!! A lot of the time the mm’s hear about news before we get to see the RNS. I have seen massive buys in a company only for there to be a sea of Red afterwards to bring a share price down. I don’t know why but say I bought 1 million shares in a company at one price, I could then set a bot to sell my million at 10,000 per trade to drag the price far lower than when I bought... I have seen it. Do your research, believe and leave to reap rewards.... the rest is pointless. I sometimes think it’s a game the PI can’t win. I know there are successful people amongst us but I’m generalising. For example.... If you had backed England last night first half/second half to win, you would of got 800 plus 1100 placed. 80% profit and for me never in doubt. Of course I’m not saying get a William hill account but it does make me wonder how many cards and games are stacked against us a PI’s. Stay safe and good luck to all.