For the sake of making this easy, let's just say in real life I am a stock trader and yes I trade millions of dollars.
So for the 101 Part: There are certain patterns that emerge in stocks since observed from the 1800's. This is because while the stock market is tied to companies financials it is ultimately determined by what people believe the stock to be worth. Meaning it is supply and demand oriented.
If Demand>Supply the price will go up. If Supply>Demand the price will go down.
Now lets talk about a quick story here. Ask yourself what an average investor will do in the following scenarios.
1. A stock is going up, and up, and up. 2. A stock is going down, and down and down.
In scenario 1. The average investor wants to buy. In scenario 2. The average investor wants to sell.
The problem is the catalyst to make the stock go up and up and up is typically already in effect and its most likely you have missed out on that bull run. The same for scenario 2.
So whats the point here, don't be like the rest of people out there.
So Mr. Donvinnyon what the heck does this mean for torn. Well my peoples, Let's talk about these strategies since the 1800's that form in stocks.
Cup and handle's.- The most common occurring stock formation. It forms a "U" type shape in the stock with a " Backslash (Torn wont allow me to actually put the backslash here" off of the end of the "U". The Key here is you have to be able to catch what the formation looks like, it can be tricky. Once the stock catch's back up to the "U level" there is a breakout.
So your first stock tip of the day,
Lucky Casino. IF it hits $808 in the real world it should spike to $880 after that. Due to torn's lack of liquidity I would expect it to go to $840-$850/share.
If Lucky Casino fails and continues its backslash downward trend you could expect a loss of "10-15%" Short selling would make you benefit from this. I will do a short selling 101 if people want it later.
I just won 10 games in a row in RR. The statistical chances of that happening are .0976563%. This is just too improbable right now. Something needs to be fixed.
I just won 10 games in a row in RR. The statistical chances of that happening are .0976563%. This is just too improbable right now. Something needs to be fixed.
For the sake of making this easy, let's just say in real life I am a stock trader and yes I trade millions of dollars.
So for the 101 Part: There are certain patterns that emerge in stocks since observed from the 1800's. This is because while the stock market is tied to companies financials it is ultimately determined by what people believe the stock to be worth. Meaning it is supply and demand oriented.
If Demand>Supply the price will go up. If Supply>Demand the price will go down.
Now lets talk about a quick story here. Ask yourself what an average investor will do in the following scenarios.
1. A stock is going up, and up, and up. 2. A stock is going down, and down and down.
In scenario 1. The average investor wants to buy. In scenario 2. The average investor wants to sell.
The problem is the catalyst to make the stock go up and up and up is typically already in effect and its most likely you have missed out on that bull run. The same for scenario 2.
So whats the point here, don't be like the rest of people out there.
So Mr. Donvinnyon what the heck does this mean for torn. Well my peoples, Let's talk about these strategies since the 1800's that form in stocks.
Cup and handle's.- The most common occurring stock formation. It forms a "U" type shape in the stock with a " Backslash (Torn wont allow me to actually put the backslash here" off of the end of the "U". The Key here is you have to be able to catch what the formation looks like, it can be tricky. Once the stock catch's back up to the "U level" there is a breakout.
So your first stock tip of the day,
Lucky Casino. IF it hits $808 in the real world it should spike to $880 after that. Due to torn's lack of liquidity I would expect it to go to $840-$850/share.
If Lucky Casino fails and continues its backslash downward trend you could expect a loss of "10-15%" Short selling would make you benefit from this. I will do a short selling 101 if people want it later.