Yes, unfortunately when anyone makes a call there is an opposing force that automatically plays against the calls. . . and it doesn't help to have a private chat room. . . it is a war to many. I wish it were not like that, but it is. . . we have had people playing opposite us all year long.
Then there is the brokerage houses!! They read these boards. Market Makers read these boards, too. They know who is who. And your brokerage has access to your trading accounts and sees when you trade. . . .if it is in their best interest to play against you, believe me they will.
I have tested several brokerage houses on this. I would pick a stock that nobody had traded a single share in a week. And the minute I would put an order in to buy say 500 shares, within one minute of my trade would be 10,000 to 20,000 shares traded sometimes all on my side but usually all played against me.
Now explain that one to me. I thought it was a fluke. Until I tried it again. . .on a stock that has zero trades for a week. . .and sure enough, the VERY MINUTE that my trade is processed, as many as two dozen trades execute. I have tested this a half dozen times. . . .this is the sort of stuff the SEC loves to hear about.
So now what? The brokerage houses know every move we make. The market makers are then instantly told of our positions. If Wall Street has it out for Tony or Joe, then it is just a matter of 'time against might'. Tony and Joe would need to build might stronger than the brokerage is willing to risk. . .BEFORE the brokerages find the right opportunity to destroy their trade. . . might against time.
So while I don't believe in a concerted conspiracy theory as I thought you were suggesting. . . I do believe that there is a bias and that we leaders of individual investors are as much of a threat to Wall Streets unlevel playing field, as we are a target of them.
And again, that is all part of the daily trading battle. I have gotten used to it, and have moved on to ways of overcoming the odds. It is definitely harder to make short-term gains by daytrading or swing trading than it was a year ago!
Pretty nuts, huh?
Rande Is |
