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This is a great demonstration why it’s usually futile to try to beat the market using short-term trading. Daily price moments are highly manipulated by Wall Street insiders. Index fund rebalancing. automated trading orders, and pump’n’dump media personalities amplify the movements. If you trade individual stocks, always, ALWAYS use a limit order based on your predetermined reasonable price. Unless you work for a multi-billion dollar firm, you’re unlikely to have the same kind of timely information needed to beat top traders.
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