Is the market rigged for retail traders ?
Falling into your wing while paragliding is called 'gift wrapping' and turns you into a dirt torpedo pic.twitter.com/oQFKsVISkI
— Mental Videos (@MentalVids) March 15, 2023
Falling into your wing while paragliding is called 'gift wrapping' and turns you into a dirt torpedo pic.twitter.com/oQFKsVISkI
— Mental Videos (@MentalVids) March 15, 2023
This is common knowledge if you ever worked in finance
Hedge funds pay exchanges to put servers in their basement so they can get 0.01 ms less latency, the retail traders on robinhood were never going to make it
They have data on where all the stops are placed. They know exactly when your breaking limit is and pounce on you when you're weak.
If you worked there, you had the opportunity to take a magnet to those servers and didn't. Curious.
what do you think? you need millions to have any impact on the market
Yes and your broker gives your stop loss information to trading algorithms so they know how hard to push it down in order to fuck you over.
It's completely rigged at every level.
Yup learned this the hard way. I’d magically have my stop hit and then it would run after I was out 70% of the time
I'll bet you had your stop loss sitting right at support.
What a coincidence.
>tfw I have no stop losses so there is nothing to sell
Read the terms of service, its probably there
Thats why i have no stop losses and trade like a degenerate nagger
Use your advantage. Hedge funds, pension funds, programmed traders and whatnot have to deliver quarterly, if not sooner. You have time, pick good things, slows have to be better at longs.
Literally only the dumbest of retards don't know this
Stop using Stop Losses retards. Problem solved.
No stop Loss
Sorry for your loss
You can have an exit strategy for when your trade turns against you, but a stop loss is just a giant advertisement begging hedgies to slurp your position.
its a sort of shepherd/sheep dynamic.
if the majority went long, market will go down.
if the majority goes short, it will pump.
thats one part of the rigging.
the other part is stop loss hunting.
whales/banks know that 70% of retail puts their stop losses where they easily get scamwicked.
its statistics, you dont even have to know where some LULZnagger put their stop loss individually, its enough to know that 70-80% put them there.
besides, if you put a limit order out on the market as a stop loss, you are literally telling everybody where to fuck you over.
sorry, its early in the morning.
you cant use limit orders for a stop loss.
I just don't believe the game is rigged at all everything is right there for you to see and you should be able to trade correctly off of it no one is forcing you to buy high or in the middle just buy low and stop being stupid
This is why day trading is retarded. Finance giants will never allow you to win over them. Just buy low and hold in prospective areas.
not only stop losses, collateral, liquidation levels, short covering, squeezes there's so many ways to fuck retails
that's what happen after every bullmarket, after the huge run in 2018 on bitcoin the crypto market became a huge casino mess just to destroy every gambling addict left on the market.
Then when everybody got shaken out for good, it crashed & marked a bottom. It's a cycle. I think we're in a huge chop for years until every meme / retail trader get washed out.
yes there is level 1, 2, and 3 trading data and most retail traders only have access to level 1 which is the most basic info. hedge funds and market makers can access level 2 and 3 data to see all your stops limits and even upcoming info before it gets released to the press
1) It's easy to make money in a bullmarket because liquidity is piling in so you just need to be early. Then you exit when uber retards talks about stock picks.
Then maybe the only short playable is to short the absolute top during the perfect week of the year on a very extended and crowded chart / stock.
2) After these moves there's nothing left to do. You need to wait for the next bubble or be top 1% player like poker players but you'll have to sacrifice a lot (sleep stress...).
So get a good job : secure or high pay or anything, use step 1 to increase net capital and wait during 2). Or build a scam during 2) to make easy money like a 100-500$/year trading server to shill some bullshit and get paid by gamblers.
Really? We need an entire shill thread these days?
We know it's rigged but that doesn't stop us from fucking them over.
Tick tock hedgies, your desperation is showing and it's a great reassurance to see you struggle to make an argument and put adds on TV to say just how strong you are. Kinda how SCB did.. 48 hours before they crashed! If I were you, I'd try to secure at least a roof over my head that I can keep for when it collapses. Tick tock!