Is ES rigged?

Discussion in 'Index Futures' started by Darc, Mar 21, 2023.

  1. schizo

    schizo

    It's hard not to notice that prices reverse at specific levels, namely those levels that correspond to previous major support and resistance. While institutions aren't out to intentionally run you over, they will try to gun for those stops that are placed near those levels because they also know those stops will propel the price further. This is what usually happens when the shorts get squeezed, for example, and the market rockets higher. You can't say the "institutions" aren't aware of this type of phenomenon and that they won't take the liberty of using their power to move the market to their advantage.
     
    #31     Mar 22, 2023
    Darc likes this.
  2. maxinger

    maxinger


    Those who hate riggers have already given up on investing / trading.

    Those who like riggers continue to invest / trade.
     
    #32     Mar 22, 2023
    Darc likes this.
  3. For every Futures market look at the Options market equivalent. For one simple reason:

    https://www.sec.gov/news/studies/ordpay.htm

    Payment for order flow leaves an unfavorable position for retail traders in the Options market and, as a consequence, the Futures market.

    So, is it rigged? I would say so, because the facts are there.
     
    #33     Mar 22, 2023
    Darc likes this.
  4. wmwmw

    wmwmw

    Nonsense.

    It sound stupid to say ES is rigged.
    ES is the most popular but that doesn't mean we can' t trade other instruments. There people trading gold, oil, natural gas and crypto.
     
    Last edited: Mar 22, 2023
    #34     Mar 22, 2023
  5. SunTrader

    SunTrader

    Of course it is rigged ... in your head.

    Therefore you have a built-in excuse when you lewzzzzzzzzz. That's the point isn't it, for believing that.
     
    #35     Mar 22, 2023
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  6. Darc

    Darc

    I don't Day Trade. Don't trade ES. But, was hoping to find you an excuse :D
     
    #36     Mar 22, 2023
  7. SunTrader

    SunTrader

    No thanks, I live in reality. Always have. It's why some take offense to my responses.

    But that's ok. I don't take offense to their ignorance. :)
     
    #37     Mar 22, 2023
  8. Darc

    Darc

    Lol
     
    #38     Mar 22, 2023
  9. Ditto.
     
    #39     Mar 22, 2023
    Darc likes this.
  10. I've been saying this for years. It's Price TA... yet ETers still call "bullshit".
     
    #40     Mar 22, 2023
    Darc likes this.