Friday, August 19, 2022

Cassava Sciences - Traded $10M, Day 2, Pump and Dump





What an extremely choppy day in the stock market last evening. The market rebounded and all of a sudden it fizzled again and then rebounded again and then dead off again. It's not an easy day trading the market so stocks selection is the key towards trading efficiently. Cassava Sciences once again experienced a pump and dump, exactly what it did in day 1 however this time round, the stock gap up first and dumped all the way down. It's the same maneuver from the big whales but a slightly differently style in the dump.




Finished a $10,000,000 USD trade in multiple trades and got the job done. It's a tough day for trading but the satisfaction of winning is immensely great compared to not trying at all. Studying the supply/demand zones, to knowing what's going to happen next followed by all the repetition morning routine, I can only say if you want to build wealth, you must get your fundamentals strong and work on it diligently.

Ronnard - Market Psychologist - A Stock Market Opportunist