I am going to ignore all your comment give then the respect they deserve and your lack of knowledge on day trading except for this two:
1 -"Too many newbies have been conned into investing into the PS cos of your pumped up posts ( ive started receiving a
number of private messages from members who have never posted here but followed the thread and the stories and losses
you hear will make one cry. This is just the start..Watch what happens when price goes into free fall....and you should
be held accountable"
I have never told anyone to buy or sell any share further anyone that buys a share based on a chat thread is in serious
trouble would be best to go to the casino. Investing is not buying shares on tips!!!! It is you that always talks of PUMPING
It is here where you come in thinking you need to be the saviour of the universe.
What you should be telling people is before you start investing go and learn what is investing!!!
and further that one can loose all your money and if you trade CFD's you may loose more then you put in!!!
2 - BTW you posted a post on friday saying very interesting volumes XXXXXX at close of day...
This tells it all how warped your mind is and people better be very careful listening to your advise.
I made that comment because for me it is interesting and out of the norm the idea was to bring it to attention
of people they can make up their own mind but you one more time find something fraudulent I am trying to insinuate!!
That is clear indication how wrapped and sick mind you have.
As I told you many times be aware the need to insult and to be right all the time is a condition get HELP ASAP BEFORE IT IS TOO LATE!!!
I one more time tell you stop insulting me and in fact other people with your arrogant attitude. If you don't agree on someone's post you
can put your statement but surely does not have to be insulting, but once one is sick without help nothing changes!!!
DTFraudster same old same old .
Once again you make accusations and then back off answering once you busted..
Heres another bust..
DTF said " What you should be telling people is before you start investing go and learn what is investing!!!"
Polly posted on 2nd May 2019 on CFD thread
" Trading is not and cannot be a hobby.Those of you who are waltzing in to dabble or play around or dip ur toe are oblivious and clueless. “I just play around with it on the side” is the code for "I have a gambling issue that I try to mask as something legit."
If you do so as a sideline income ,U are in over ur head. You will learn the hard way.
You either treat trading as a part time hobby or be a man on a mission full time. For the mission man, that’s doing the work and paying the price to learn and develop and grow. Hobbyists don’t do that stuff.
i know 100% truth hurts but just a warning for all thinking of dabbling in the sidelines using cfds."
Busted
DTF wrote " I have never told anyone to buy or sell any share further anyone that buys a share based on a chat thread is in serious
trouble would be best to go to the casino. Investing is not buying shares on tips!!!! It is you that always talks of PUMPING
It is here where you come in thinking you need to be the saviour of the universe.
What you should be telling people is before you start investing go and learn what is investing!!!
and further that one can loose all your money and if you trade CFD's you may loose more then you put in!!!"
Definition of pump and dump
Polly wrote on 11/02/2019 ..Pump and dump how it works
First of all, what’s a pump and dump stock?
It’s a stock that’s being promoted by either shareholders or by the company itself. Sometimes they would even have paid promoters promoting them to increase their price.
Why would they want to do this so called “pump and dump?”
It’s pretty simple!
They promote the stock which they currently own some shares from. Once the price has increased to where they would want it, then they sell all the shares.
Those who buy when the price has reached its peak think that they will make profits, but that’s when the price plummets on them, losing them their money.
Promoting the stock is the pump, selling them once the price reaches a reasonable high is the dump. So they call this process “Pump and dump scheme.”
Some traders actually take the advantage as those con artists are making their own profits. In order to do this you’d have to know what you’re doing.
That’s why I’d not advise beginners to take this path.
So, how do we spot pump and dump stocks
- 1-Promise of big profits:
Anytime you’re being promised of big profits from a stock you should reconsider. It’s a big red flag because no one really knows when their big profits will come.
Conclusion
Pump and dump scheme is involved of artificially inflating a stock’s price to make lots of profit in return. Although it’s well recognized by now, many traders are still being preyed on by those con-artists.
From this blog, I highlighted some of the most seen signs that would signal you that a stock is being pumped.
Knowing how to spot the pump and dump stocks can save you a lot.
I know that there are so many other signals to recognize a pump and dump stock which are not listed here. Please take this time to complete this list in the comment section.
Also don’t forget to share this post with your pals on social media. It may be helpful to them too if it was helpful to you. Let’s help each other, sharing is caring!
As always, trade smart!
I do believe you’ve known that by now if you’ve been trading penny stock already, it’s not hard to see that.
- 2- Pump and dump stocks are penny stocks
You will never find a stock in a pump and dump list which is not a penny stock. All the pump and dump stocks are penny stocks. This should be your number one rule.
Penny stocks are the ones that are prone to those sort of manipulations. Although it’s illegal and considered to be a crime. It still happens as of today, in order not to fall prey to them you have to conduct your own research.
Don’t rely on what you’re hearing, look for your own information. According to Penny Stock Expert, only a handful of stock traders stay true to themselves when it comes to researching before trading.
It’s almost impossible to be successful trading penny stocks if research are not being done.
========================================
and some here are promoting it as a one in million investment...and i warned ages ago be careful..Pure pump to take price new their entries where they will quickly sell to recover their unrealized losses.. in meantime fleecing unsuspected retail investors to buy in...
Busted ..
as for the volume post interesting comment very slippery comment bu you to avoid the real answer if you knew it..but obviously u dont..
Busted
For others interested in volumes and effects from tech point of view..
1. higher than normal volume with falling price...bearish....look at my ta for Lionel posted earlier this week..True strength indicator below 0 and saying price has no strength..IE more sellers
2. higher than normal volume with rising price...bullish
3. small volume rising price...could be a trap by bears as price may fall big once supply zone reached
4. small volume falling price...could be a trap by bulls as price may rise ponce demand zone reached
5. If you trading i suggest you look at the 20 vwma to help with volume analysis.
One needs to look at "open interest" to see number of shorts or longs in market and get a better idea as to whats going on IE is it increasing or decreasing.
DTF you must be Jewish because they the only people i know that lie through their teeth and actually believe their own lies as the truth!!!
Now go back to your PS thread as i dont think Lionel is interested anymore here for advise as he sold out completely so this thread may close unless somebody else requests advise... I am not invested anymore in the PS so not really going to put any more energy here.
