Hello Trader…Or should I say market chicken?!
I prefer the truth, no matter how gritty and painful it may be.
After that I started to see everything with a different perception, especially a winning one.
One of the great secrets of the market is that the market is not moved anywhere if not in the direction of orders.
Understanding where exactly order are placed on the chart was fundamental to my training and mastery of manipulative market dynamics.
The market can not go anywhere else.
Market sharks need the orders of small speculators to open and close their positions.It’s a real hunt, which ends up crowning the usual protagonist.
Market sharks know where orders are placed and they will hunt your stop loss every time they have the opportunity.
In practice, your stop is at least their first target.
They simply need your loss to close their winning position. And they love to do it quickly.
Dax future, 1 minute chart right after the opening of the European session. The market make an important new high, and small investors think the instrument is overbought, they entry short , placing the stop on the maximum of the first negative candle. Their order is executed and after few candles come into play big investors who shoot the price higher to hunt down all the stops and make a new high.
You can not win against them, if you do not want to be their victim the only solution is to go in their direction silently, to banquet together with them.
“This is your last chance. After this there is no turning back. You take the blue pill: the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill: you stay in Wonderland and I show you how deep the rabbit hole goes.”
The Wall Street secret is waking up from a “normal” life of sloth and ignorance.