Have you ever wondered why you always lose ?
Why when you just enter thinking that the market will go long the market just starts moving against you ?
Why it seems like it reaches always for your stop and than goes in the direction you predicted ?
There are a lot of traders that feel that way, the market always seems to move against the retail trader.
Are they manipulating the market ?
isn't forex to big for the banks to manipulate ?
Well actually there are two theories about this particular occurrence. The first one is that Yes Big Banks do manipulate the forex market and Big Banks have paid billions in fines for this fact, there are actual people that have gone in jail for manipulating the forex market so in essence the theory is not that far fetched it has some base on the truth.
But is it always the case? There is a second theory on this topic that Banks dont actually manipulate the market they dont hunt your stop but they are just searching for volume. When you have to eat like a whale you need lot of planktons ( in this case the plankton is you ), the idea is that the banks are not reaching for your stop loss but for the volume of trades that accumulate on the stop loss zones where retail traders generally put their stop loss.
So what can you do ? There are different strategies used to avoid being hunted. A possibility is to not trade when general news comes when most of the manipulations occures, a possibility is to avoid trading on heavily manipulated pairs like the EurUsd dollar, some people like to stay away from the market when the RSI is on oversold or overbought, others try to play the same strategy as the banks trying to predict with no great success where the stop loss are.
Its up to you to choose how to deal with the banks. If you have any thought on this topic let me now on the comments.
Why when you just enter thinking that the market will go long the market just starts moving against you ?
Why it seems like it reaches always for your stop and than goes in the direction you predicted ?
There are a lot of traders that feel that way, the market always seems to move against the retail trader.
Are they manipulating the market ?
isn't forex to big for the banks to manipulate ?
Well actually there are two theories about this particular occurrence. The first one is that Yes Big Banks do manipulate the forex market and Big Banks have paid billions in fines for this fact, there are actual people that have gone in jail for manipulating the forex market so in essence the theory is not that far fetched it has some base on the truth.
But is it always the case? There is a second theory on this topic that Banks dont actually manipulate the market they dont hunt your stop but they are just searching for volume. When you have to eat like a whale you need lot of planktons ( in this case the plankton is you ), the idea is that the banks are not reaching for your stop loss but for the volume of trades that accumulate on the stop loss zones where retail traders generally put their stop loss.
So what can you do ? There are different strategies used to avoid being hunted. A possibility is to not trade when general news comes when most of the manipulations occures, a possibility is to avoid trading on heavily manipulated pairs like the EurUsd dollar, some people like to stay away from the market when the RSI is on oversold or overbought, others try to play the same strategy as the banks trying to predict with no great success where the stop loss are.
Its up to you to choose how to deal with the banks. If you have any thought on this topic let me now on the comments.