Share Picks 2021 - Thread banned users post #1

The exchange? Do you mean brokers?

Patsy

I am very keen to learn more about this. A large part of me is anti stop loss.

I would have been sold out quite a few times on my foreign trades had I had stop losses.

I have read that well equiped traders can see what stop losses there are and take them out.

I am not too sure how they drive the price down to that stop loss level.

The gain for the predator is that they now own shares at a lower price than they had been. Predator believes they have more to run.

To take your explanation above :they kick in that stop loss: how exactly is that done, could you detail,i.e. talk slowly with your reply

i am assuming that whatever they do is what short sellers do(whatever that is) only these guys have a target that they know about

Cheers Patsy

p.s. my portfolio has 30 shares,90% abroad. Today for the first time in yonks they are ALL green ( I mean today, not yet all out of the water)

Think of it this way, prices are continuously moving up and down. On average they move up 50% of the time and down 50% of the time. You have to pay commission for every trade so over time, you are going to loose money. That's why most people can't make money from trading.

Say from example a stock is trading at $100.0. Increment is min $0.10, so Ask is 10.1 and bid is 9.9. Now there will be a lot of Stop Losses set up by different people at 9.8, 9.7, 9.6, 9.5 etc the whole way down. If the exchange set up a false account (or pass the information to a third party), when the market is at 9.9 Bid, they can take out the 9.8 Stop Losses and so buy at 9.8 and sell at 9.9. Market is now at 9.8 Bid. Do it again and take out the 9.7 Stop Losses and sell at 9.8. Take out these small profits all day long and nobody would ever know. They buy and sell instantly so can't get caught by market movements outside their control.

Worth watching;

I don't have much of an opinion either way, I personally use Revolut and Degiro, but I would also encourage anyone investing to be fully aware of the issues around PFOF and securities lending which is how these brokerages make their money. I firmly believe that the market system in the US is overly complex and needs a complete overhaul to give transparency to retail investors and to help create a more level playing field.

Think about this, if the market maker knows all of the retail investors information on trades and where you've got stop losses set etc, you think that they won't use that information they've paid for against retail? They're paying for it for a reason, and there's good reason it isn't allowed in Europe. Caveat emptor as they say.

I think it might have been because of Boris's dead cat when he announced his Plan B

Thank you Docusign & Asana. Bought on Friday, sold today for 15% profit on both. Thats my Christmas shopping paid for 👍

Small potatoes, but better in my pocket ...than in that of 'the man' 👺

I see Degiro is starting it's IPO access this week. You can apply for shares in a new IPO Samsara up to tomorrow (10th) and it will launch sometime next week

BTW, I know nothing of the company, just interested in the IPO process really

If you hve a CGT bill on business from Jan-Nov you need to pay it by 15th Dec. That's why they provide a statement at end Nov.