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Games Stock Traders Play

Having a better understanding of stock market dynamics should help increase the probability of winning the game?

What games do stock traders and investors play?

Daryl Guppy shared his views in an article published on CNBC website on Tuesday, November 18 2008, key points are:
  1. Traders and investors are constantly playing games in the market.
  2. Market volume is a record of such activities.
  3. Careful analysis of the relationship between price and volume tells us which game is in play.
  4. What games are out there?

Pump & Dump: This is where desperate individuals play bully with a small stock and use small volume trades to “pump up” price. This price rise is irresistible to other traders and they buy in the hope the price rise will continue. They are tagged when the price manipulator “dump” or pulls out of the market.

Hide and Seek: This is when an investor tries to build a large position in a stock without causing the price to rise.

Catch that Rally: This is when investors capture a short burst of activity in a fast moving rally that, if traded correctly, can deliver good short-term profits for low risk before the rally retreats or moves sideways.

Pass the Parcel: The game starts with volume based on rumor. The aim of this game is not to be left holding the stock when the rumor is either confirmed or dismissed in the market.

How do you know which game is being played?

Read more in Daryl Guppy's article on how to recognise the Pump & Dump Game!

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