$IDOL ’s four-character summary of the market maker:
Take everything and leave nothing.
When the market swings up and down, it liquidates both long and short positions, then reverses and pumps.
Yesterday, after @利弗莫尔的小迷弟 ’s reminder, there was a wick in the early evening. Then the market started dumping that night, dropping to 0.023 around midnight before reversing and rallying.
But Teacher Zhuang, we’re not in the same time zone—I really need to sleep! When I woke up, I still followed along and went long.
Today, I reckon it’ll probably break through some of the resistance above 0.036 again. #IDOL
Take everything and leave nothing.
When the market swings up and down, it liquidates both long and short positions, then reverses and pumps.
Yesterday, after @利弗莫尔的小迷弟 ’s reminder, there was a wick in the early evening. Then the market started dumping that night, dropping to 0.023 around midnight before reversing and rallying.
But Teacher Zhuang, we’re not in the same time zone—I really need to sleep! When I woke up, I still followed along and went long.
Today, I reckon it’ll probably break through some of the resistance above 0.036 again. #IDOL