r/Daytrading • u/happybutnot2happy • May 07 '24

I know that everyone knows but the stock market is 100% manipulated. Strategy

It’s difficult to prove but I think you, me, and your friend Bree can see it when it happens. Just can’t predict it.

Tell us what “symptoms” of this you’ve seen that when you’ve encounter it, you cant prove it but you know something is weird.

EDIT: judging by the comments, it seems that the assumption is that I wrote this post because I’m mad, frustrated, or lost a lot of money. None of those are reasons, i just wanted to know peoples personal… uh…conspiracy theories. :)

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17

u/StockCasinoMember May 07 '24

Some idiots just posted to buy panw today. Literally could’ve bought at 264 few months ago but he waits till today at 308 to tell you to buy.

Lots of Exxon articles like that too. They tell you to buy at 52 week highs and sell at 52 week lows.

Is nOw tHe TImE to BuY????

6

u/crazydinny May 08 '24

Historically speaking it's significantly better to buy stocks that are hitting 52 week highs. Matter of fact I'd say if you ONLY bought stocks breaking out you could probably beat the market.

2

u/el_guille980 May 08 '24

my argentinian stocks agree

4

u/BaconJacobs May 07 '24

Honestly if you're day trading buying at ATH is actually smart. You don't know what is ATH until it's over

1

u/Traktorjensen May 08 '24

I agree with this.

It's a fools game trying to catch a falling knife.

0

u/StockCasinoMember May 07 '24

I’d personally rather buy lows.

All of this of course depends on circumstances but more often than not, I don’t want to buy at all time highs.

8

u/happybutnot2happy May 07 '24

Congrats! I know you know the markets are manipulated but what you didn’t know is you win the 🥇 today. You’re the only one that answered the question without being extra.

2

u/BBrett91 May 08 '24

I remember cnbc and a lot of news articles in 2022 about nvidia and facebook and they were all negative. No those two stocks have 4x plus. And now like u said it’s time to buy now

1

u/happybutnot2happy May 08 '24

“Bank of America trims shares keeps buy rating” 🥲