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It is quite hard to profitably trade on earnings, even if you know what the financial results of a company will be. Try your own luck/skill in the Insider Tradi
by huac 6y ago
It is quite hard to profitably trade on earnings, even if you know what the financial results of a company will be. Try your own luck/skill in the Insider Trading Game: https://insider-trading-game.netlify.app/ https://insider-trading-game.netlify.app/
- srtjstjsj 6y agoThat's quite different from an actual insider, not just a random with a tip.
- HappySweeney 6y agoSeveral years ago I attempted to profit from earnings. I did much research, and would correctly guess beat or miss exptectation, but it seemed the movement afterwards was not correlated to the beat/miss, but more with the change in forward guidance. So, insiders can know the numbers, but if they don't also know the guidance, they can't really profit. Even then, the market would sometimes run in the opposite direction it should have given the news, or gyrate wildly until early the next day.