Re: possible trading strategy?
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a stock i bought gave their earnings this morning. i was able to sell at 53.2, now its at 50.58 after an under performing report. is it possible to wake up every morning and short a stock based on its earning report before everyone else gets there?
there has to be some strategy in the stock market that makes you easy money if you have a big enough bankroll to offset fees.
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And what if a large player takes this opportunity in the morning to execute a large buy order, with a long term holding idea in mind? Unless you time your exit to perfect, all your profits will gone, and suddenly now the momentum players are getting involved, giving you a loss.
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