$SNDL Inc (SNDL.US)$ u will never be able to buy enough to b...
$SNDL Inc(SNDL.US$ u will never be able to buy enough to beat the market manipulator . aka market maker. they always win
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Ced John : Not true. The volume does not match the price direction. The price drop is from small positions cashing out. When the volume increases trust the direction of the price
wolfunstien OP Ced John : Mm has unlimited liquidity
Ced John wolfunstien OP : That may be true. Ppl probably sold very low to capitalize on their initial low position. The ppl that purchased at 3+ should hold. It will bounce back
midknight : It's true... it just doesn't matter. Individual traders aren't (or at least, they shouldn't be) worried about trying to affect the market. They are trying to figure out where the market is going so they can profit from it.
midknight wolfunstien OP : That's literally impossible.
wolfunstien OP midknight : No it’s not.
midknight wolfunstien OP : No it's not what?
wolfunstien OP midknight : The mm has unlimited liquidity and is the one who co trolls price movement and bid ask management. They are meant to work against u
midknight : Since we're obviously on different pages... here's an easier way to look at it: SO WHAT? lol nobody is sitting here trying to determine how to beat a specific market maker, they're trying to make money. Also, you said market manipulator, which I took as a reference to hedge funds and large firms like that, which do NOT have unlimited liquidity(while market MAKERS do.)
Now, that being said, we can focus on why it doesn't matter: most traders(not investors, but TRADERS) trade on a trend, or some other form of technical analysis. This is based on psychology, for the most part, so they're betting that they're not the only ones thinking the same thing. When a trend looks like it's going up, they think, "I think it's going up, and I think everyone else thinks the same thing." So all those traders that DO think that form the demand. This drives the price up. It causes a herd mentality(which WallstreetBets is a prime example of), and more and more people pile on, forming even MORE demand. The same goes for the opposite way.
I'm not saying that market "manipulators" don't matter, but they certainly do not in this context.
NE1else midknight : You get it
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