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That was the whole point of day trading. You hold something that's going up because it's going up, with no consideration of the underlying value. And you try
by gozur88 10y ago
That was the whole point of day trading. You hold something that's going up because it's going up, with no consideration of the underlying value. And you try to be the first one out the door when the party's over.
- derefr 10y ago—which technically works, as long as you're the fastest. Of course, computers are faster than humans. Thus, HFT.