Well yesterday we saw a hugely important lesson for Traders on the SPX. Im sure many of them left a stop under the previous low as per usual...
Why is this unwise...? Well if you know how the markets work on a mass scale, it rather makes sense.
Entities with large amounts of money like good deals. They want to get in at the right time.
The volume of their trading size moves the market so much they put it in before the previous low. That's why stops get taken out.
Do not get yours taken out... Spread risk. Trade small. It will keep you happy..!
Why is this unwise...? Well if you know how the markets work on a mass scale, it rather makes sense.
Entities with large amounts of money like good deals. They want to get in at the right time.
The volume of their trading size moves the market so much they put it in before the previous low. That's why stops get taken out.
Do not get yours taken out... Spread risk. Trade small. It will keep you happy..!
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Free Discord Secret Server:
bit.ly/bpadicsord
Daily Mentoring On Zoom:
bit.ly/prottm
Posts Not financial advice.