SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : DAYTRADING Fundamentals
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: David N. Jones who wrote (11888)2/17/2001 11:39:09 AM
From: exdaytrader76  Read Replies (1) of 18137
 
It's not very nice, but it's true.

The scalpers I see making the most money are on the other end of the seemingly bad fills. They are buying on the bid and selling on the offer sometimes 3-4 levels out of the inside NBBO, because they are taking advantage of panic buying and selling, positioning themselves on the other end of the "dumb money." Not nice, but true.

Of course an instructor teaches to the dumb money. Virtually everyone was dumb money when they began trading. The idea is to get better, and you get better when you learn the truth.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News