The hidden, dirty truth about market makers and manipulators

Discussion in 'Trading' started by Ates, Sep 26, 2024.

  1. OP... Drugs must be really cheap in your country.

    Whilst it is true that market makers manipulate markets, that is well known, they don't discriminate by country. They catch every single one in the move.

    And the worst part is that you claim that day traders are safe :D. That's where the business is for them.

    How many times have you seen an insane amount of noise in a day session?
    How many times have you heard a day trader saying: "the market went against me, triggered my stop and continued the other way around, exactly in the direction I was trading to"?

    Way too many times. Day trading is where the business is for market makers. It is one of the reasons why day traders fail.
     
    #51     Sep 26, 2024
  2. MrMuppet

    MrMuppet

    he opened a second one where he shilled his stuff
     
    #52     Sep 26, 2024
    MarkBrown likes this.
  3. TheDawn

    TheDawn

    Can you tell us which financial instruments do you trade in? Just like what @tony.m has said, you could be trading in CFD's or retail forex. If you are trading in CFD's or retail forex, then yes, what you are describing is very likely because you are not trading on centralized exchanges; you are indeed trading against specific market makers who do have incentives to manipulate prices in order to profit at your expense. If you are indeed located in countries like Turkey who might not have access to the US or European centralized exchanges for stocks or futures and etc. but instead can only trade with CFD brokers, what you are describing is very likely.

    So the solution to you is stop trading directly with CFD brokers and instead find brokers that send your trades directly to centralized exchanges so your trades will not be manipulated. Try that to see if that makes a difference. If it does, then it's your brokers/market makers. If it doesn't, then it's your trading.
     
    #53     Sep 27, 2024
  4. TheDawn

    TheDawn

    Come to think of it, haven't seen @Overnight for quite a while now.
     
    #54     Sep 27, 2024
  5. volpri

    volpri

    Is is possible ON has fedexed himself to Turkey?
     
    #55     Sep 27, 2024
    -Orion likes this.
  6. nonpln

    nonpln

    Yeah, there's no way most of you if any of you day trade as the lions share of your income or make exponential gains via an edge day trading.

    The funny thing even if OP is completely insane and wrong, viewing the market the way he does would actually be more beneficial for understanding how to trade it and make exponential gains, than the standard garbage you guys repeat like a parrot.
     
    #56     Sep 27, 2024
  7. MrMuppet

    MrMuppet

    nah...absolutely not. Viewing the market as a bunch of people targeting your open position by pushing prices against you is absolute BS, especially in major assets.

    As soon as your pricing is out of line by even one tick you'll get swarmed by bots arbing your order away. So forget about the myth that some guy is trying to get your sorry ass 5 lot in the ES by pushing/holding the market against you.

    It's just that most people enter when the move is already over XD
     
    #57     Sep 27, 2024
    -Orion, rb7 and trismes like this.
  8. nonpln

    nonpln


    to be honest i dont even care, people are so delusional when it comes to trading it doesn't even matter either way.
     
    #58     Sep 27, 2024
  9. r/superstonk is leaking
     
    #59     Sep 28, 2024
  10. TheDawn

    TheDawn

    The guy is probably dealing with a CFD broker which is known to manipulate prices to profit at their clients' expense. And since it's not a centralized exchange so everything is possible.
     
    #60     Sep 28, 2024