Quote from: Kakmakr on July 12, 2019, 05:51:12 AM

You do not have to protect yourself against Whale rinse and repeat trades, when you ignore the short-term volatility. Any long-term trader will simply ignore this and just sit back and wait for the price to reach a new ATH and then to take some profits.

The day trader will actually benefit from this volatility by buying low and selling high. So depending on how you approach trading, you should actually benefit more from this kind of rinse and repeat trades by these Whales. Grin

I know right? But i really don't understand why taking so much risks, it's like the gold rush fever. Long-term rules the game.

Day trading is really hard, of course you can benefit but i highly doubt that many will be so skilled in the art of patience and fearless mode. Emotions tend to drive people into action and it is something that investors struggle with since the day money was invented, you get what i mean.