who are we playing against as retail traders?

Discussion in 'Trading' started by mute9003, Dec 1, 2021.

  1. %%
    THAT'S one way stops are hunted. And most any one gets paid on volume\ so plenty of motivation.
    Another way stock,ETFs stops are hit, but not really hunted/like IBD founder said /you can always tell when an elephant gets into a bathtub. Same with exits out of the bathtub .
    Same way when a herd of elephants gets in or out of a waterhole:caution::caution:
    That also can be a good thing \i want my exits orders hit............
     
    #31     Dec 2, 2021
    smallfil likes this.
  2. GotherL

    GotherL

    There is a ton of stuff happening everyday. Look at AAPL. It gapped down to 157 on no signficant news and suddenly shoots to 164ish.

    Tutes shaking out retail in the premarket to buy lower. Pure manipulation.
     
    Last edited: Dec 2, 2021
    #32     Dec 2, 2021
    Onra, mute9003 and murray t turtle like this.
  3. mute9003

    mute9003

    Good example
     
    #33     Dec 2, 2021
  4. mervyn

    mervyn

    Still didn't get the answer. Look at the prop firms and HFT, all making record profits.

    some one has to be on the losing side, like michael burry. and the ballooning Fed balance sheet.
     
    #34     Dec 2, 2021
  5. padutrader

    padutrader

    if you want to buy, you are forced to buy high...no idiot will sell to you low.

    this is why i am against tight stops
     
    #35     Dec 2, 2021
  6. padutrader

    padutrader

    your beliefs and the broker[age].

    mainly the belief that the trend is your friend.

    the trend does not exist.

    what exists is the channel....it may be so tight that it looks like a trend or it may be broader.

    once you understand this contra intuitive fact which is propagated by all those idiots who call themselves experts you will make money
     
    Last edited: Dec 2, 2021
    #36     Dec 2, 2021
  7. mute9003

    mute9003

    can you explain what you mean?
     
    #37     Dec 2, 2021
  8. easymon1

    easymon1

    who are we playing against as retail traders?
    [​IMG]
     
    #38     Dec 3, 2021
  9. twstn

    twstn

    True! :thumbsup:
    Truer! :thumbsup:
     
    #39     Dec 3, 2021
  10. twstn

    twstn

    Great analogy! Totally agree! :thumbsup:
     
    #40     Dec 3, 2021