Market Manipulate

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Old Feb 7, 2017, 10:29am   #9
 
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The search for liquidity.
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Old Feb 7, 2017, 10:53am   #10
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be like water my friend....says pip
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Old Feb 7, 2017, 11:12am   #11
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What your suggestion on how not to be an average per se. Is there a way not to be another target?

It sounds like you're trading for tiny profit targets and minute stop-losses. I'm going to guess you're fading moves of less than 2 hours duration, so you're effectively trying to pick transient tops and bottoms or reversals for temporary moves. I seriously suggest you do not day-trade at this stage and don't even watch prices on a minute by minute basis.

If you start doing TA on daily charts, and plotting where your would get in and out according to a strict set of rules laid out in advance, you will find yourself drawn to following trends. When you join a multi-day trend, there will be major money alongside your stake: no SB provider is big enough to take an opposing position just to cash in your (probably tiny in comparison) position.
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Old Feb 7, 2017, 11:17am   #12
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take this analogy
if I have a football team with the best defense and offense.......and you are an average team. The amount of resource at my disposal would overwhelm you, the only thing you may have over me is the fact that I don't know how you may execute your strategies. So in essence if I know how you're thinking....you might as well give me the game because it's over. The analysis videos, articles and forums give the other team (banks,exchanges) that have unlimited resources all the strategies and thinking state of an average trader on a silver platter. You need your own system void of what these forums,articles are saying and the only way to do this is through months of trial and error. So you see the markets aren't rigged, your just in a competitive environment.
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Old Feb 7, 2017, 11:36am   #13
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It sounds like you're trading for tiny profit targets and minute stop-losses. I'm going to guess you're fading moves of less than 2 hours duration, so you're effectively trying to pick transient tops and bottoms or reversals for temporary moves. I seriously suggest you do not day-trade at this stage and don't even watch prices on a minute by minute basis.

If you start doing TA on daily charts, and plotting where your would get in and out according to a strict set of rules laid out in advance, you will find yourself drawn to following trends. When you join a multi-day trend, there will be major money alongside your stake: no SB provider is big enough to take an opposing position just to cash in your (probably tiny in comparison) position.

Thanks tomorton. It sounds like I suck and ain't going to make it. Your guess is right I am looking at the 1 minute charts for opportunities. Hoping to scalp something.

I am such a loser.

What kind of trader are you and the strategy do you apply. Any advise is appreciated.
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Old Feb 7, 2017, 11:38am   #14
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Originally Posted by joseph1986 View Post
take this analogy
if I have a football team with the best defense and offense.......and you are an average team. The amount of resource at my disposal would overwhelm you, the only thing you may have over me is the fact that I don't know how you may execute your strategies. So in essence if I know how you're thinking....you might as well give me the game because it's over. The analysis videos, articles and forums give the other team (banks,exchanges) that have unlimited resources all the strategies and thinking state of an average trader on a silver platter. You need your own system void of what these forums,articles are saying and the only way to do this is through months of trial and error. So you see the markets aren't rigged, your just in a competitive environment.

So I should do the opposite to what everyone else is doing or thinking? Be unpredictable that what you mean?
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Old Feb 7, 2017, 11:51am   #15
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So I should do the opposite to what everyone else is doing or thinking? Be unpredictable that what you mean?
To be honest, what everyone else is thinking is correct 2 out of 5 days.
What I'm saying is if your chart guy play around with the moving averages, fibonnaci's
stochastics, macd TIME PERIODS. Doing this for a couple of weeks won't get you to the holy grail but writing down "what not to do" will give you a sense of identity for YOUR trading. Aside from that, be careful trading big news days.....central bank opec etc.
I think the ability to walk away and not trade a day where you see something you've never seen before is key.......if you decide to trade remember that losing that day will cause you to work that money back the next day....best to keep your money instead of throwing it in the trash with a stupid guess. Believe me, certain days like 12/01/2016 had me thanking god that I walked away...
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Old Feb 7, 2017, 11:57am   #16
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Thanks tomorton. It sounds like I suck and ain't going to make it. Your guess is right I am looking at the 1 minute charts for opportunities. Hoping to scalp something.

I am such a loser.

What kind of trader are you and the strategy do you apply. Any advise is appreciated.
well If you're looking for sympathy in a gladiator ring.......I'm going to now enjoy your head getting cut off amigo. First off, you may want to switch to 15 minutes.
1 minute chart is like an lsd trip. Second, unless you are the trading Buddha we all are looking for....it's very rare to go into a position and then expect profits within the next couple of minutes.....it takes hours or sometimes days. So trading does require balls of steel
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