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.
Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?


To: Sandra who wrote (39276)1/5/1999 6:23:00 PM
From: QKAnd  Read Replies (2) | Respond to of 119973
 
What are "Channel Plays" 06/01/98 - EATING YOUR OWN
That is a trade where many daytraders are playing the same trade because the leader or leaders in the room have been hyping the NEWS on the stock...and the stock moves NOT NECESSARLIY ON THE NEWS...BUT ON THE LEADERS SAYING THE NEWS IS GREAT..

It creates very uncertain movement because the leaders are only interested in making money off the followers.... I call it "eating your own" It is reasonable momentum but I do not want you to learn
how to do that because we are making money off the losses of small traders which I find ugly...