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Certainly, but not all that many "cheap" stocks move at reset and commission can be killer on the rest.
Posted by: grory on Dec 28, 20:59 in response to secretstalker's post You can make commission back when cheap stocks move as...
Besides, by the time trades go through, the stock's already up several cents and who knows how much more movement it has left. As I said, it can get ugly very, very quickly for daytraders. I've taken losses on far more stocks than I used to, that's for sure.
As for the volatility, that's on HSX, and yes, small stocks can move much more than large ones but you have to be there to catch them.
21 trades shouldn't be enough to drive a stock's price up or down by 23% secretstalker Dec 28, 01:07
Fourth option is to add a governor that prevents stocks from moving up or down more than a certain percentage in a given amount of time secretstalker Dec 28, 01:10
If HSX really wants to change the game then do something that changes the game for the better. secretstalker Dec 28, 01:22
I brought up circuit breakers idea a while back and was essentially boo-ed for it... Oleg Max Dec 30, 06:38
IMO, you are mistaken in your assumption that people trading at reset can make their commission back in short order. It is NOT true. grory Dec 28, 11:01
You can make commission back when cheap stocks move as much or more than more expensive ones. secretstalker Dec 28, 11:24
Certainly, but not all that many "cheap" stocks move at reset and commission can be killer on the rest. grory Dec 28, 20:59
Just thought I'd add my H$0.02 cents... StokTrader Jan 07, 13:26
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