Why Market Makers Attack the First 15 Minutes

"I've been burnt the first 15 minutes easy. Easily," he says. "There's a huge number of orders that are coming in and we're sitting there going, okay, like say, for example, you're trading a thousand shares of Facebook." The market makers need to fill your buy order, which means they need to sell that stock to you,. And then as the great Jim Dalton says, the stock market is an auction. So when people see price going up higher and higher, they get whipped up by the price. It's very emotional for them. That's what we rely on".