How the market works.

The market opens — just under fair value. Nobody has traded yet.

market $9.80 · fair $10.00

You buy 1 share — buys push the price up. Your money sits in the reserve.

$10.00 → reserve

You sell it back — a round trip lands you right where day one ended.

back $9.85 · net −$0.15

You buy 5 — each one costs a little more. You pay the average.

$52.50 · avg $10.50/share

He plays big — fair value jumps. Only games move the amber line.

fair $10.00 → $12.00

The crowd buys in — they see the same gap — the price runs.

market $11.20 → $13.20

You cash out — you were early. That's the game.

sold 5 @ $12.90 avg · profit +$12.00 (+23%)