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Shoutout to a client who showed me I was undercharging for my web writing
Had a call last week where they said my invoice felt too low and offered to pay me $75 extra per post. That's when I realized I had been basing my rates on old data from 2021. How did you figure out your current market rate?
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troyc1714d ago
Classic case of the market moving faster than our brains.
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david_palmer14d ago
Ask @troyc17 how fast has it actually moved for you? I'm still trying to figure out if this is just a temporary spike or if we're seeing something more permanent here. The volume in the last 48 hours has been nuts, way beyond what I normally see for this sector. Every time I think it's cooled off it jumps again, which makes me wonder if the algorithms are just chasing each other's tails at this point. Would love to hear what @troyc17 thinks about whether this is driven by real money or just bots piling on momentum.
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jana50914d ago
The bid-ask spread on one of the smaller names I've been watching tightened from like 12 cents to 2 cents in a single hour yesterday, that's not a natural retail flow pattern. It feels like the algos are all running the same playbook, piling in because they see the others piling in, which makes the whole thing feel fragile to me. Have you checked whether the dark pool volume has been growing at the same rate, or is this mostly lit market activity that could reverse just as fast?
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