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How Your Stop Losses Are Working Against You | by The Blockchain Chronicles | The Dark Side | Aug, 2024

August 21, 2024
in Altcoin
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Unmasking the market’s hidden predators.

The Dark Side
Picture generated by Creator through Leonardo.AI

For non-Medium members, click on right here to learn this story without spending a dime!👌

Think about you’re in the midst of an exciting treasure hunt. You’ve mapped out your route, set your traps, and are prepared to assert your prize!

However simply as you attain the treasure, a crafty rival swoops from the shadow, triggering your traps and leaving you empty-handed.

This state of affairs is eerily just like what many people expertise with stop-loss looking within the monetary markets.

So What’s Cease Loss Looking?

Cease-loss looking is a technique utilized by the so-called “Good Cash”, typically institutional traders, whales, or market makers, to control the market by triggering stop-loss orders positioned by common retail merchants such as you and me.

However, a stop-loss order is a device we use to restrict our losses by routinely promoting an asset when its value falls to a sure degree.

Whereas this appears like a sensible security internet, it may typically work in opposition to us.



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Tags: AugBlockchainChroniclesDarklossessideStopworking
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