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Rookie opinion; we are all free to trade the way it is now if there is a switch that would hurt the traders that have a decent strategy?

Posted by: damenchipguy on Sep 20, 19:46 in response to grory's post I think HSX needs to get control of this. It's a crap way...

Has there been a limit before? If so I can see the point of switching back but if this is the way it has always been why change the way traders that have been here for a decade play the game? If non-stop flips is a way for anyone person to make H$ than everyone is free to do so, just bone-up on that type of trading and spend the time to do so!

Vote yeah or nay. Can we get some kind of limit on the number of flips a stock can do in a day. Say 20. That's a nice round number. Vashta Nerada Sep 19, 21:12

I think HSX needs to get control of this. It's a crap way to make money... grory Sep 19, 22:01

I hate the idea of freezing stock!! I don't like this steady flipping either but I think that HSX staff and/or the techies should be able grammar Sep 20, 12:05

Then just hold it one way and stop worrying so much about flipping and riding it up and down. Sheesh. {nm} secretstalker Sep 20, 10:09

You do realize I'm a daytrader, don't you? I think it's genetically impossible for me to ignore movement... grory Sep 20, 10:27

Heh .. I second that. {nm} grammar Sep 20, 12:08

Rookie opinion; we are all free to trade the way it is now if there is a switch that would hurt the traders that have a decent strategy? damenchipguy Sep 20, 19:46

i actually like it at 50K cause it can really help you alot more than 20k it makes it more challenging i think {nm} Smallville944 Sep 20, 21:16

Commission-free trading HSXToby Sep 21, 10:24

If you're really headed that direction, why not take a moderated approach? Like, everyone get X free trades -- a reasonably generous number, edzep Sep 21, 10:57

I hope you don't opt to do away with commission-free entirely. I like to clean my port on Saturdays and I imagine small ports are happy to grammar Sep 21, 17:15

ach ... their not there. {nm} grammar Sep 21, 17:16

Why was the studio moviefunds cashed out? {nm} bushblos Sep 22, 16:01

I'm gonna go with a big fat no! Let market do what the market it is going to do. No one is making us participate in these swings and flips. HuskyMiller Sep 19, 22:41

10 Billion with a capital B. I'm ambivalent; I just ignore Saturday swings, except for my futile effort today. {nm} edzep Sep 19, 23:01

Yes, I meant Billion. (I'm so HSX poor I'm just used to typing million. Billion isn't even in my HSX vocabulary.) {nm} HuskyMiller Sep 19, 23:16

These are not normal swings. These are individual stocks that bounce one or two increments at a time, sometimes for hours at a time. grory Sep 19, 23:40

This isn't one stocks moving because of news or other reasons this is just up a tick and down a tick. After taking Vashta Nerada Sep 20, 01:08

i agree with you, stock flips should be allowed maybe 10-20 times per day, per port. Champ8 Sep 20, 07:00

HSX was able to control this type of flipping in the last version, they should be able to do it now, too... grory Sep 20, 09:25

Why not just do something similar to what they've done with limit orders? Perfection Sep 20, 10:46

why dont you just quit playing, then. ndmaster Sep 22, 07:56

You made a good valid point there. Limiting the number of trades per stock would be a huge disadvantage to traders that cannot sign on grammar Sep 20, 12:14

I'm all for eliminating commission-free trading, period. Or maybe change it to allow X commission-free trades on Saturdays {nm} remrej Sep 20, 08:58

Why on earth should a stock even flip that much unless there are traders manipulating it? {nm} secretstalker Sep 20, 10:08

so what if a stock flips and flops, theres no law says you have to play it. {nm} islander Sep 20, 10:08

Eliminate commish free and be done with it. {nm} Hooray360 Sep 20, 10:15

I like the way you think {nm} remrej Sep 20, 10:53

This is where I stand. Do away with commission free. {nm} SocioEvo Sep 20, 17:11

Nay {nm} icecreamman Sep 20, 10:35

Why not just do something similar to what they've done with limit orders? Perfection Sep 20, 10:47

Nay! I say let a stock flip as much as traders cause them to flip. There are bigger problems to address first. LonePirate Sep 20, 11:06

This problem is big. The person(s) who flip a stock 80+ times in two hours, can also take a stock up 20 points in a couple of hours. {nm} heybroxxx Sep 20, 15:37

How do you figure that? It flips up, then it flips down, then up, then down, etc... won't it either end up down or up? {nm} secretstalker Sep 20, 20:50

Right, except one Sat.evening or morning(PST) in late July, this person(s) took SHRK4 up 20-30 points. {nm} heybroxxx Sep 21, 15:57

That was pure manipulation. Had nothing to do with trading. I think that was probably somebody hat had a beef with HSX. {nm} Vashta Nerada Sep 21, 23:51

A 3% move is nothing even when commission is on. That barely covers commission. You have a funny idea on what a reasonable move is. Or are Vashta Nerada Sep 22, 00:47

So you support these unusual 3% or more manipulations but you are against constant fluctuations at a smaller percentage? LonePirate Sep 22, 16:34





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