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Author Topic: The market does not respect anyone  (Read 443 times)
Ifemini (OP)
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May 14, 2020, 12:26:08 PM
 #1

While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.

Always look at the bigger chunks of the market and maintain a balance in trade.
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May 14, 2020, 01:58:23 PM
 #2

Hm, well I will like to contribute my own point of view about trading, assuming you have 2000$ worth of Bitcoin already, why not sell half for stable coin? Hold the remaining BTC balance just Incase price surge later, holding that 1k stable coin will come in handy once price start declining too, tell me how this isn't the best trading plan?

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May 14, 2020, 02:35:48 PM
 #3

While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.

Always look at the bigger chunks of the market and maintain a balance in trade.
The only correct thing if we care with the market but remember the whale can manipulate the market anytime. A market is a tool for everyone to generate profit and no more. This is a game that the winner will be going back to the home with a lot of money while others lose their money.

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May 14, 2020, 02:41:30 PM
 #4

You are very wrong with your statement, the market is led by the whale. Whale can move a market in any direction if they want because they hold a big bag. Whales are the market maker and dumper for your info. However, it depends on market size though.
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May 14, 2020, 03:09:13 PM
 #5

While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.

Always look at the bigger chunks of the market and maintain a balance in trade.
Speaking nonsense is one way spamming. I dont know whats your problem with personal indifferences. Being a whale does not mean they are respectful or on the top of hieharchy. Traders are socialized the way they execute on market, maybe some troll traders will mock lower budget traders but does it affect you? Im beginning to think that tou have been bullied by some people based on your trading asset or leverage. Thats normal and if you joined telegram, many people are just trolling as if they are really a whale. Those people dont spend time chatting cause they busy playing on important matter which is the market.

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May 14, 2020, 03:20:48 PM
 #6

In last 2 months we have seen big moves from bitcoin both upwards and downwards and to be honest these movements have killed leverage traders the most than anyone else. Regular traders who are not using leverage or margin are relatively safe, while most of the sellers and buyers using leverage have been burnt so using leverage is not a wise idea in crypto market.

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May 14, 2020, 03:26:45 PM
 #7

Respect for what? The market is composed of everyone that's involved in this market. The whales won't care for the feeling of small traders, is that what you're trying to say? if that is then that's true.
While small traders don't also care for the feelings of the whales whenever they send the market down or upwards. Everyone only cares for himself, for his own gain.

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May 14, 2020, 03:33:01 PM
 #8

Hm, well I will like to contribute my own point of view about trading, assuming you have 2000$ worth of Bitcoin already, why not sell half for stable coin? Hold the remaining BTC balance just Incase price surge later, holding that 1k stable coin will come in handy once price start declining too, tell me how this isn't the best trading plan?

A balanced approach with a good % of cash waiting is a solid plan. If you have enough income to invest more cash each month, for example, then many people would suggest going much closer to all-in, since they expect BTC to be in an extended Bull market.
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May 14, 2020, 03:41:51 PM
 #9

Respect for what? The market is composed of everyone that's involved in this market. The whales won't care for the feeling of small traders, is that what you're trying to say? if that is then that's true.
While small traders don't also care for the feelings of the whales whenever they send the market down or upwards. Everyone only cares for himself, for his own gain.
Yes. This market won't care about anyone else because everyone is responsible for his own action. If he losses his capital, he might not be doing well in the market while for those who have made successful stories in the market have clearly made huge profits and are already professionals in dealing the flaws of the market.

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May 14, 2020, 04:05:36 PM
 #10



Hm, well I will like to contribute my own point of view about trading, assuming you have 2000$ worth of Bitcoin already, why not sell half for stable coin? Hold the remaining BTC balance just Incase price surge later, holding that 1k stable coin will come in handy once price start declining too, tell me how this isn't the best trading plan?

you are not sure which way the market goes if you are doing this. but if it works for you then why not.

you will learn to see which way the market goes if you try to be a swing trader at least by it you only trade when the trend has begun already. and by being a swing trader you'll see that you are the one respecting whoever made the markets move.









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May 14, 2020, 05:36:36 PM
 #11

Hm, well I will like to contribute my own point of view about trading, assuming you have 2000$ worth of Bitcoin already, why not sell half for stable coin? Hold the remaining BTC balance just Incase price surge later, holding that 1k stable coin will come in handy once price start declining too, tell me how this isn't the best trading plan?

Well, that can works perfect if you hold the good coins. But the problem is we have so many altcoins which have the potential to increase, and with $1k in altcoin, you will need to analyze deeper to find that coin. But if you only choose 1 coin, then I think you can have more chance to see that coin can increase, but once again, that will depend on what coin you hold.

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May 14, 2020, 06:03:37 PM
 #12

Most important thing when you will go for trade, make sure you have a lot of knowledge about anything that related with crypto and trade. Market will bullying everyone who knowing nothing about market. Then, make sure you have good money management and expect you will lost your money, always using stoploss in every trade.
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May 14, 2020, 06:19:16 PM
 #13

Yes it doesn't respect anyone.one need to be careful and have a lot of knowledge about the market before going into it. It's not always about money but knowledge is better and pays on the long run.
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May 14, 2020, 07:00:39 PM
 #14

While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.

Always look at the bigger chunks of the market and maintain a balance in trade.
Well, whales do get a "respect" from the market because this is crypto and there is literally no regulation which means you could do whatever you want without getting stopped and you could basically move the market however you want. If you spend 10 million dollars, there are 1000+ coins that you could revive from dead or basically kill all by yourself without putting in too much work.

You could literally kill a coin, it is not even that hard neither. Long story short whales do get a respect, depends on how big of a whale but I have seen someone who revived a dead coin from under 10 satoshi to over 2k satoshi only by using few thousand dollars, all he did was just buy from low and put a big buy wall, and just keep selling higher and higher constantly and using his profits to increase the price by buying from people who sold lower.

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May 14, 2020, 07:06:47 PM
 #15

While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.

Always look at the bigger chunks of the market and maintain a balance in trade.
therefore if you want to trade we must learn the analysis of indicator techniques, it will help you, both in futures trading or the Spot Market,
I'm sure of that, but it is indeed the lust within us that will destroy yourself,

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May 14, 2020, 07:21:20 PM
 #16

~~~
What you are trying to explain is something that makes sense to me and that is the fact that the pope can move the market. I will not blame those who can move the market, because for the same thing they also want big profits and that seems to be their goal. We are in the middle of a whale game and we must be able to anticipate the risks that might occur.

If we want to make a profit, then all we have to do is analyze and determine when the right time is to start buying something in the market. Volatility is a gap for all crypto investors and traders to profit.


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May 14, 2020, 08:08:12 PM
 #17

While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.

Always look at the bigger chunks of the market and maintain a balance in trade.
How to now maintain that balance is the real deal. This is why many are still looking forward to how they could learn how to trade. I think this needs to be well broken down so that learners like me can understand better.
Or better still, some might understand it, but your own idea on maintaining it might be different.
It is true that some people seize many opportunities, even when the whales that have so much money to risk are trying to play a game on the market.
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May 14, 2020, 10:21:16 PM
 #18

Hm, well I will like to contribute my own point of view about trading, assuming you have 2000$ worth of Bitcoin already, why not sell half for stable coin? Hold the remaining BTC balance just Incase price surge later, holding that 1k stable coin will come in handy once price start declining too, tell me how this isn't the best trading plan?
That's the point if anyone invest all money in one pair, what will be percent to earn profits. You know that everytime some new coin does a pump when BTC price drop. Sperate your money and invest in different coin include top coin, old coin and fresh coin. My advice is don't be frustrate just gather experience.
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May 14, 2020, 10:36:13 PM
 #19

Personally i think that crypto market is easier than other financial markets especially when you are holding a quality, reputed, deflationary coin then small dips and corrections should not bother you because you know that sooner or later the value is going to grow so people who are in for long run are winners, traders can be losers especially in market conditions like these so hodl seems better strategy to follow at the moment.

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May 14, 2020, 10:47:10 PM
 #20

Yes it doesn't respect anyone.one need to be careful and have a lot of knowledge about the market before going into it. It's not always about money but knowledge is better and pays on the long run.
There is no free in this world. Moreover in the trading field that need a lot of effort. At least you have to learn how to trade well until you are able to gain profit it need at least several months.

However, if someone is lazy he can be able to gain profit as long as he has capital to trade and he should pay some signal trading. I found some premium signal trading and it proof give a profit for its participant, but I don't recommend this way.
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May 14, 2020, 11:02:56 PM
 #21

While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.

Always look at the bigger chunks of the market and maintain a balance in trade.
Looks like you are new to trading, you cannot expect the market to always go high all the time and making money through trading is not an easy task, there are people who are skillful enough to make money in any market situation, you need to understand the market really well and how to follow the market trend and when to make a call to invest and when to sell and if you can do that you will never end up in a loss.
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May 14, 2020, 11:08:37 PM
 #22

people is the one that control the market , so sorry i cant agree on what you say . whale is the powerful here and they are the number one controller so if you are a little trader you can get eaten by the whale if you arent be aware with them . you know whales are not friendly even at real life , thats why they call whales . looking for bigger chunks is the goal but not all times it will appear  . being a trader does not mean to look for the highest payout but the goal is to take small profit  .
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May 14, 2020, 11:15:54 PM
 #23

All know about it, no guarantee to take advantage of market even if you are a big trader. If the market respects certain people, it means there is a monopoly in the crypto market. AFAIK, with the decentralized system in crypto market, all people can have the same chance, both small or big traders.

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May 14, 2020, 11:43:34 PM
 #24

Nobody could take control of the market, I mean, it is only the price but not the whole thing. Whales make that changes but it doesn't mean that they are fully in control with it. But I was also thinking that because if the said market manipulation it brought something different and the market never it looks fully decentralized one.  The situation is gradually to change, maybe if this said activity will continue, I doubt if we still think about decentralization but taking into account being centralized one which whales will be taking control of it. But I hope it won't happen, unless if we are following what whales say.

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May 14, 2020, 11:50:57 PM
 #25

While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.

Always look at the bigger chunks of the market and maintain a balance in trade.

To be honest, i can't agree more because the make seems to be majorly control by force of demand and supply even with the fact that high profile investors have a little influence. But like you said, even the whales get burn talkless of low scale traders and that's why it's good to get into trading with spare cash, especially the one you can afford to loose and lastly, it is important to always cashout profit whenever it seems possible
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May 14, 2020, 11:53:23 PM
 #26

All know about it, no guarantee to take advantage of market even if you are a big trader. If the market respects certain people, it means there is a monopoly in the crypto market. AFAIK, with the decentralized system in crypto market, all people can have the same chance, both small or big traders.
Crypto is a level playing ground for everyone, except the user chooses a means that would read to lose.
it is, however normal for someone to make profit and to lose, but you can try as much as possible to allow your profits to be more than your losses, by taking your profit and buying back at know price.
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May 14, 2020, 11:54:45 PM
 #27

This is the crypto market, not an institution where there should be "respectful". And I think no one needs that respect f there is. Everyone in the market only needs to take profits, buy low sell high, and take many more profits again. Who need that respect?  Grin Grin

However, when you are a whale with a high amount, you may not have respect from others. but, you may have more power to influence the market. But, of course, this is only a little bit because there are also many other whales that are competing to influence the market. In this case, not respect that becomes the issue. But, how the way we can follow and survive from the market situation, moreover if we are newbies, small traders, or even a long term holder.  

R


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May 14, 2020, 11:59:02 PM
 #28

Yes, you must have your own strategy. The market will not adapt to you, it is you who must learn to adapt to it. Only then can you have a stable income.
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May 15, 2020, 12:04:21 AM
 #29

This is the crypto market, not an institution where there should be "respectful". And I think no one needs that respect f there is. Everyone in the market only needs to take profits, buy low sell high, and take many more profits again. Who need that respect?  Grin Grin

However, when you are a whale with a high amount, you may not have respect from others. but, you may have more power to influence the market. But, of course, this is only a little bit because there are also many other whales that are competing to influence the market. In this case, not respect that becomes the issue. But, how the way we can follow and survive from the market situation, moreover if we are newbies, small traders, or even a long term holder. 

that is the reason why there are also a lot of pnd projects. they dont care if you lose your hard earned money as long as they getting money. they dont care if they are being called scammers, because they dont have faces. their ultimate goal is to rip money as much as they can, whether from small trader or big ones. so if you are a trader, you should look on your own shoulder, dont bother to think what will be the impact of your decision to others. because they dont even have the slightest care on you.

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May 15, 2020, 01:08:19 AM
 #30

Cryptocurrency markets are decentralised, which means they are not issued or backed by a central authority such as a government. Instead, they run across a network of computers. ... Unlike traditional currencies, cryptocurrencies exist only as a shared digital record of ownership, stored on a blockchain.
in a market is either you make profit or loss, preference are not use to determine who to make profit its garbage in garbage out its what one sow it will reap. their is no respect for senior or junior trader only that is reckon with
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May 15, 2020, 01:23:37 AM
 #31

yeah. certainly agree with this. We all predict the market or we wait for news to move the market.

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May 15, 2020, 02:10:35 AM
 #32

While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.

Always look at the bigger chunks of the market and maintain a balance in trade.

Of course, this is a free market, you really don't have to know the other party in trading. And it doesn't makes any difference at all, regardless you are whale or average joe here. Respect is not a "word" being used in crypto, the battle field is open to everyone.

That's why you really need to understand how works in crypto, otherwise you will got burn and you will blame the system.

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May 15, 2020, 02:53:41 AM
 #33

It depends on what market you are basically participating in. I believe that markets or exchanges differ from one another, prices, in particular, are not the same if you are comparing every exchange and coinmarketcap and coin360 are just getting the average market price from major exchanges. But the fact that these markets are not the same tells us that if we dominate a certain exchange with the volume of cryptocurrency that we have, we can have a huge impact if we sell or buy.
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May 15, 2020, 03:57:26 AM
 #34

While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.

Always look at the bigger chunks of the market and maintain a balance in trade.

Yes that was totally true. The market we have do really respect no one specially we are into cryptocurrency wherein the market undergo volatility in any moment of time. But basically, the ones who are not really being gained respect are the small capitalist having small capital being inputted for trading in the market. Whales do not encounter any problem when it comes to market behavior for they are the ones having big contribution on the changes in the prices of the cryptocurrencies in the market that is why many people do state that whales are the main manipulators of the market. Respect is not guaranteed in the market we have because change is inevitable in here.
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May 15, 2020, 04:16:37 AM
 #35

Whales can manipulate the market and irrespective of whether you are a whale or not the market can flip anytime without even anyone noticing. The market doesn't separate investors in terms of their financial status or amount of crypto they are holding.
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May 15, 2020, 04:40:32 AM
 #36

Exactly. Pretty confident it's kinda similar with gambling and works the same way. That's a possibility to make some cash for wise users else you'll lose much if not everything by brain afk trading.
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May 15, 2020, 05:01:17 AM
 #37

I still believe whales have the capability to demolish the market price if they mingle, we have experienced such type in many crypto scenarios also we have went through many articles stating whales alert.

I agree the crypto market is extremely volatile but that's how it's nature is but whales have strong potentials to do anything in crypto market.

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May 15, 2020, 05:41:11 AM
 #38

It is absolutely right that market does not respect anyone. For me market is pure legit and independent place where everything is going through buy and sell. If you have purchased in very low price then you will get profit. Market does not identify which part of my money is of poor man money.bit always goes according to the rule. When whales takes parts in any share then every will get big profit or big loss. In this world market has stablish his own data now you have to take advantage of market up down movement. So market is independent doesn't care anybody money.

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May 15, 2020, 05:46:32 AM
 #39

The market affects everyone since the market is driven by supply and demand. But, with the number of cryptocurrency whales holds, they can affect the market by creating walls and manipulate the price for their own benefit. With the market being volatile, whales have been driving the market since crypto was created.
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May 15, 2020, 06:20:34 AM
 #40

While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.

Always look at the bigger chunks of the market and maintain a balance in trade.

 I tend to disagree with the OP. What you said is true for the smaller retail investors playing with a little money. But once whales are in the game they control the price and the market movement.

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May 15, 2020, 06:47:24 AM
 #41

While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.

Always look at the bigger chunks of the market and maintain a balance in trade.
The market works as it is, if you lose in your trading it's not the fault of the market but it's your fault for not reading the market correctly, there are newbies who lose and there are whales who also lose in the market, but the difference is whales will always have the means to get up.

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May 15, 2020, 08:12:18 AM
 #42

The largest concern of all in a failing economy, however, is when people are afraid of losing everything. While bitcoin is a tempting place to store assets until an economy recovers, it is a much more volatile storage method than banks, significantly increasing the risk of loss for those that choose it. The price of bitcoin is prone to a massive drop from time to time. Bitcoin have witnessed more than 60% drop in their value on the market.

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May 15, 2020, 08:25:54 AM
 #43

   The market can't have respect, there's no feelings in the markets, just numbers, no emotions! Either you will
do things right and make profit, or you will get busted! We people are the ones who get emotional and we are
the ones who make emotional mistakes, and after that we get emotional for loss!
   It's one of the advises you can find all over this forum, don't get emotional while you trade. With emotions
you will make more mistakes. Do your research, try to be objective, leave emotions on a side when you plan
to trade and you will have more chances to make profit!



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May 15, 2020, 09:27:53 AM
 #44

While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.

Always look at the bigger chunks of the market and maintain a balance in trade.
Respect? What is respect in this market?

Quite funny but crypto market doesn't respect anybody even you are a rich kid out of nowhere or a poor stupid trader that has no knowledge about trading. The crypto market is harsh and it is harsher than you can ever imagine. Whales can pump a coin that they want anytime and get profit. Those new traders will not stay for a long time with this harsh market especially if you aren't that knowledgeable and professional enough to trade in crypto market.

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May 15, 2020, 10:36:40 AM
 #45

Respect for what? The market is composed of everyone that's involved in this market. The whales won't care for the feeling of small traders, is that what you're trying to say? if that is then that's true.
While small traders don't also care for the feelings of the whales whenever they send the market down or upwards. Everyone only cares for himself, for his own gain.
Yes. This market won't care about anyone else because everyone is responsible for his own action. If he losses his capital, he might not be doing well in the market while for those who have made successful stories in the market have clearly made huge profits and are already professionals in dealing the flaws of the market.
Nobody cares if your money will be liquidated and dissolved in this market because that's how it works. No one will care to others that have lost their money due to inexperienced and lack of trading knowledge and even to those that did wrong decision as they trade, buy and sell.
All the actions committed by every single entity in this trading market shall be accountable to each individual's self and no one shall be blamed for your own wrong action.

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May 15, 2020, 11:06:35 AM
 #46

My candid advice is always trade with what you can afford to lose. Buy when the market is down, and trade when there's profit. Crypto market is always controlled by the group of Whales that focus on manipulating the market price to their favor

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May 15, 2020, 11:12:04 AM
 #47

Whales are different to an average investor because they can manipulate the market for having huge portion of coins. For an average investor we need to go with the flow and take advantage every situation because we cant predict accurately the next movement of the market.

Thus dont be too greedy and take profit if there's an opporunity to do so.

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May 15, 2020, 11:17:47 AM
 #48

I don't think that respect is included in the market, as far as I know, the market was being moved by the whales. If you are a small-time trader or average one, if you lose your money, no one cares about it. There is no such thing as respect. All people in the market only have one desire, which is to make a profit.

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ethereumhunter
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May 15, 2020, 11:20:24 AM
 #49

My candid advice is always trade with what you can afford to lose. Buy when the market is down, and trade when there's profit. Crypto market is always controlled by the group of Whales that focus on manipulating the market price to their favor

Indeed. When you can trade with the money you can afford, you will not feel too sad if you lose. But still, we need to learn more about trading so we can prevent the loss in trading. Maybe it is hard, but it is worth to learn because that is the only way we can get the profit in trading. But I don't think that the market needs to respect anyone. The whales can help us to make a profit, especially if we can use them to get the low price to buy and sell at a high price.

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May 15, 2020, 11:44:08 AM
 #50

Kinda redundant. We've known the market is very reactive and it doesn't have feelings nor 'respect' as you said. Everyone no matters if they're whale, big fish or small fish still work as a cog in the market. Whether your fund is big or small make your cog big or small.
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May 15, 2020, 12:02:43 PM
 #51

I don't understand your point OP.
 Maybe you mean to say that in trading, we tend to lose or win regardless you are a whale or not. Or even some considered themselves as an expert trader, there is no escape in sudden sideways.
 
 Balance is important as you've said. Yes. But what important are the things you have to considered like risk management plan, stop loss and others. It is not about the fund but it is about on how to grow that fund of yours.
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May 15, 2020, 12:51:34 PM
 #52

While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.

Always look at the bigger chunks of the market and maintain a balance in trade.

 I tend to disagree with the OP. What you said is true for the smaller retail investors playing with a little money. But once whales are in the game they control the price and the market movement.

To some extents the whales tend to be bullish and control the price and movement of the market.
But ideally, have you witnessed such strong influence against tokens with very high volume?

It is very unlikely
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May 15, 2020, 01:03:55 PM
 #53

The market does not respect anyone  due to incredible volatility. i dont think that any forms of long term analysis is working here
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May 15, 2020, 01:10:22 PM
 #54

I do not understand why you use the word respect in this market? It does not make sense at all, you should use more reasonable words. Like this Market can make all investors lose money, whether you are a whale or a small trader
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May 15, 2020, 01:11:37 PM
 #55

While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.
Always look at the bigger chunks of the market and maintain a balance in trade.

First of all, need to have proper knowledge about market. it depends on your captial also, how much you can afford loss. But market have to respect whale as because they can manipulate market so badly anytime

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May 15, 2020, 01:15:26 PM
 #56

While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.

Always look at the bigger chunks of the market and maintain a balance in trade.

If you are a huge whale putting up a sell or buy wall worth a billion USD or more, you can definitely have the market respect you. That can pull the price down or push it up depending on which direction you would want it to go.

But small traders like us cannot move the market whichever we would want, so we just have to try to predict and ride with it as good as possible.

MEGA

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May 15, 2020, 01:16:47 PM
 #57

While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.
Always look at the bigger chunks of the market and maintain a balance in trade.

First of all, need to have proper knowledge about market. it depends on your captial also, how much you can afford loss. But market have to respect whale as because they can manipulate market so badly anytime

yeah, whales could manipulate the market, but the stampede could hurt them as well, if it is organized enough, so there are two sides on each story, and this one is no exception

i do think that i you understand market, you can make profit, but it is a hard and stressful business that requires knowledge and more important strong nerves, which is not easy to have, so it is not for everyone, i personally just invest, rarely trade, it is too stressful for me to trade
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May 15, 2020, 01:20:20 PM
 #58

Hm, well I will like to contribute my own point of view about trading, assuming you have 2000$ worth of Bitcoin already, why not sell half for stable coin? Hold the remaining BTC balance just Incase price surge later, holding that 1k stable coin will come in handy once price start declining too, tell me how this isn't the best trading plan?

Stable or not, just know that the other half you think is safe is at risk of market manipulation or let's say market crash.
The market is very unpredictable because of high volatility.
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May 15, 2020, 01:26:46 PM
 #59

Hm, well I will like to contribute my own point of view about trading, assuming you have 2000$ worth of Bitcoin already, why not sell half for stable coin? Hold the remaining BTC balance just Incase price surge later, holding that 1k stable coin will come in handy once price start declining too, tell me how this isn't the best trading plan?

Stable or not, just know that the other half you think is safe is at risk of market manipulation or let's say market crash.
The market is very unpredictable because of high volatility.
the place of exchange which can still be said to be safe is the Binance exchange place while for price movements from the exchange place it cannot be predicted so it only requires very high patience to be able to get a lot of profit because it will not be easily influenced by any news.

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May 15, 2020, 10:42:52 PM
 #60

While trading, you need to always avoid misplaced priorities, there is no need for respect while trading. Who does respect help ?

Remember that while trading, the market comprises of me, you and other crypto traders; and some bots who place, buy and sell orders. So from whom do you want respect?
Do your own research, figure out your entry and exit points before you even start trading; and you will enjoy good successes.
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May 15, 2020, 11:01:29 PM
 #61

While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.

Always look at the bigger chunks of the market and maintain a balance in trade.
I don't understand what your point is we are already know that market would not care for us, so? We are responsible for our own money because market don't trade for us we trade on the market any win or lose it was part of our journey as a trader and no one will care about it, so stop making a nonsense thread.

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May 16, 2020, 03:38:31 AM
 #62

While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.

Always look at the bigger chunks of the market and maintain a balance in trade.
I don't understand what your point is we are already know that market would not care for us, so? We are responsible for our own money because market don't trade for us we trade on the market any win or lose it was part of our journey as a trader and no one will care about it, so stop making a nonsense thread.
Indeed, I don't find the point of including the respect that OP was talking about because even if we lose our money while trading, no one cares about that. The only responsible and the one who knows about our trade is only ourselves.
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May 16, 2020, 03:51:45 AM
 #63

There is no respect when you trade because respect in trading is not necessary, for what you want to be respected when trading because even basically there is something more important than that. Stick to the plan so that you don't make mistakes in analyzing the market, because only with good concentration will you get a profit in trading and not about respect or not.

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May 16, 2020, 03:58:53 AM
 #64

There is no respect when you trade because respect in trading is not necessary, for what you want to be respected when trading because even basically there is something more important than that. Stick to the plan so that you don't make mistakes in analyzing the market, because only with good concentration will you get a profit in trading and not about respect or not.

Consider that you are alone in this battle, no one will help you what to do during trading. It is all up to you what you will going to do with your funds, that's the reason why there's no need of respect here. Your own funds, your strategy. You have to be careful especially those pump and dump coins. The devs don't care where you got your money, so long they are getting theirs.
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May 16, 2020, 04:25:27 AM
 #65

While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.

Always look at the bigger chunks of the market and maintain a balance in trade.
You are being totally judgemental here because the trend does not completely depend on the market.
It depends on a lot of things and the market (demand and supply) is one of them.
The whales can easily manipulate the market if they do have that much capital.
It also depends on the news many times and sometimes the wave is so strong that even the whales find it difficult to ride it.
So blaming the market for your every loss is just lame.

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May 16, 2020, 12:15:28 PM
 #66

While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.

Always look at the bigger chunks of the market and maintain a balance in trade.
I don't understand what your point is we are already know that market would not care for us, so? We are responsible for our own money because market don't trade for us we trade on the market any win or lose it was part of our journey as a trader and no one will care about it, so stop making a nonsense thread.

I think what he means is no matter you are a whale or you are a small trader, the market will move to any price. But if we are a small trader, we need always be careful if we want to trade and always analyze before we trade. Besides that, we need to manage our money to trade so we can use some part to trade and still have the other part to buy at a lower price if the price down.

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May 16, 2020, 02:07:58 PM
 #67

You desribe market with human qualities which is absolutely incorrect. Do not respect each other market players and all those who get profit from the" market».
If we are to be correct, then people in the market do not respect each other and do not spare. The market is just a battlefield. You're not going to blame the ground for the fact that you stumbled isn't it?
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May 16, 2020, 06:29:17 PM
 #68

While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.

Always look at the bigger chunks of the market and maintain a balance in trade.

I presume you mean nobody controls the market 🤔 If so, the whales play a great part in market movements. Its true that we need to maintain a balance in our trades, and I do so by setting stop limit, and increase the stop limits when I'm in profit progressively.
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May 16, 2020, 07:11:14 PM
 #69

While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.

Always look at the bigger chunks of the market and maintain a balance in trade.

The market never moves in line with the expectations of small investors. If there is such a movement, it is most likely that Kerke shaking is done, all positions will move in the opposite direction. Especially those who have been doing careful research today have seen that "Long" positions increase compared to "Short" positions, which suppresses the rise in price, and moves towards the bear market due to the excess of "Long" positions. Of course, the market will go up, but many small traders must switch to the "Short" position in order for the market to go up. Only in this way will large investors allow a new bullish wave to begin.
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May 16, 2020, 07:29:01 PM
 #70

While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.

Always look at the bigger chunks of the market and maintain a balance in trade.

I doubt so, the big whales are capable of manipulating the market therefore they should control the market. They're capable of injecting billions into the market or extract billions out of the market just to favour them. When the whales play with the market the smaller traders suffer so when classifying those the market don't respect you shouldn't include the whales.

Even if whales lose, they know how to regain back their loses. Most ties, their loses are always strategic and that is one of their weapons. When a whale dumps, you should know that is waiting at somewhere very low to buy at a cheaper rate. So, if the retail investors understand this and know when whales are in action, they too can follow the same trend and swing into action. There are those who gain irrespective of what right be happening.
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May 16, 2020, 07:30:25 PM
 #71

While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.

Always look at the bigger chunks of the market and maintain a balance in trade.
I don't understand what's the point of saying respecting there.

But price changes when the demand and supply chain gets shattered like if a whale holds bitcoin worth few millions who is liquidating all coins at a time means the price is going to hit the very low bottom but the same thing done in small amount means we can't find any changes in the prices.
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May 16, 2020, 08:55:33 PM
 #72

Indeed, the market doesn't respect anyone, sometimes even with a complete technical analysis, you will see the market going against you, that is why it is always advisable to trade with stop loss so you don't end up regretting,the market is full of manipulation, so trade with care.

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May 16, 2020, 10:24:49 PM
 #73

Exactly, some persons thinks whales alone controls the market or thinks what they have can control market forgetting this is trading, you have to be careful because any mistake will lead to lost of funds. Whales are extremely careful too because any mistake they make would cause them loss of funds. So let's trade with carefulness in which ever category you belong.
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May 17, 2020, 02:12:49 AM
 #74

While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.

Always look at the bigger chunks of the market and maintain a balance in trade.
What has the market got to do with  respecting anyone, of course it's not going to respect anyone and will show kindness to anyone who can read the market correctly, but the market side is on a whales you can make an impact on the market, I have seen it happens on many coins, because of the whales trading movement, they drop and they surge the market, so people should watch out for the whale's moves.

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May 17, 2020, 03:43:14 AM
 #75

The cryptocurrency market or any stock market may not always run smoothly, always controlled or influenced by some whale or ragweed boilers. They syndicate and control the market. Small investors always have to keep up with the flow and take advantage in every situation. But it is better not to be too greedy; Take as much as you can bear.

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May 17, 2020, 04:38:25 AM
 #76

Yes you are right. Sometimes trading patterns as like you say, need skill  to required for those who carry out transactions to be smart and quickly at making decisions maker based on news coverage and hot issues  develop at this time because all ends how much you can earn from the trading process. Good Luck.

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May 17, 2020, 04:45:29 AM
 #77

What has the market got to do with  respecting anyone, of course it's not going to respect anyone and will show kindness to anyone who can read the market correctly, but the market side is on a whales you can make an impact on the market, I have seen it happens on many coins, because of the whales trading movement, they drop and they surge the market, so people should watch out for the whale's moves.
You have a good point in there but for me the whales are not the real Gods in the market. Yeah they can influence the chart due to their huge holdings but it doesn't necessarily mean that they are now invulnerable. Of course they are, like most of us Smiley. Simply because there is not only one whale. They are many as well (but not as many as the small hodlers) and the moves of one another can significantly affect them. They are not as invincible as you think, they also need to be very careful because losses excuses no one.
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May 17, 2020, 05:57:33 AM
 #78

While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.

Always look at the bigger chunks of the market and maintain a balance in trade.
The market is actually a chaotic battle between manipulative organizations. This is true because when there is no law present, the people in power want even more and control the game. That's why the price of bitcoin is always very volatile and caused thousands of traders to lose all their capital in turn. So when trading in crypto markets need to be careful and have good capital management methods.


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May 17, 2020, 08:52:26 AM
 #79

What has the market got to do with  respecting anyone, of course it's not going to respect anyone and will show kindness to anyone who can read the market correctly, but the market side is on a whales you can make an impact on the market, I have seen it happens on many coins, because of the whales trading movement, they drop and they surge the market, so people should watch out for the whale's moves.
You have a good point in there but for me the whales are not the real Gods in the market. Yeah they can influence the chart due to their huge holdings but it doesn't necessarily mean that they are now invulnerable. Of course they are, like most of us Smiley. Simply because there is not only one whale. They are many as well (but not as many as the small hodlers) and the moves of one another can significantly affect them. They are not as invincible as you think, they also need to be very careful because losses excuses no one.
Indeed.
I believe that even whales panic in certain situation although I didn't hear nor read any news yet about a whale cashing out to USD when this pandemic started because we all know that even BTC was badly affected by the pandemic although it shouldn't prove that that pandemic hit the price by 100% for sure.
There is no one forbid traders to hope like this because dreams can be as high as anything, but you must remember that no one knows when this pandemic is over and will not be able to raise the price of cryptocurrency without strong support, support here are buyers, many people are just have hopes prices rise to high prices but finding people who support by buying coins with large amounts is very difficult.
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May 17, 2020, 09:12:22 AM
 #80

but finding people who support by buying coins with large amounts is very difficult.

But what about the whales? They are existing, they can manipulate the market to rise if they want to.
Not the support that we wanted but they can actually make bitcoin to pump and the real hype will begin, like the FOMO, its not possible dude as it happen in the past, and that's the reason why bitcoin corrected its price and dump hard in 2018, actually that year was more on a year of correction.

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May 17, 2020, 09:15:39 AM
 #81

While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.

Always look at the bigger chunks of the market and maintain a balance in trade.
I've been stuck with Naira on binance since I took advantage of the market before the halving @9700$ per Bitcoin and now it seem the market won't go down sooner, I belief it's all about Waiting, if I can wait it out the time will come, Bitcoin is volatile and price fluctuations is 100% sure.

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May 17, 2020, 02:13:25 PM
 #82

I beg to differ a bit. If you are a whale you can control a Market. Depending on the coin's market cap a whale can set buy order that can he/she can maintain. If a whale want to also crash a trade he/she can also do that depending on how much they bought the token 

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May 17, 2020, 02:35:52 PM
 #83

I beg to differ a bit. If you are a whale you can control a Market. Depending on the coin's market cap a whale can set buy order that can he/she can maintain. If a whale want to also crash a trade he/she can also do that depending on how much they bought the token 
of course when I can become one of the whales who have a lot of money to trade then I prefer to master one altcoin that really has potential because if controlling bitcoin will be very difficult, at least human nature will indeed be like that.

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May 19, 2020, 04:10:12 PM
 #84

While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.

Always look at the bigger chunks of the market and maintain a balance in trade.

not only that in the world of trading in my opinion, we must master or are accustomed to the name of loss, and then experience is very influential, because without that experience you will experience failure. In my opinion like that and there are many more things to know
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May 19, 2020, 05:51:34 PM
 #85

What I know about the market is it is controlled by whales. Whales can move the market whenever they want and with whatever results they want as long as it will be in their favor.  Those that are not respected by the market/whales are those people with weak hands that leaves the market as soon as they see dumps on their coins/tokens.
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May 19, 2020, 07:12:44 PM
 #86

What I know about the market is it is controlled by whales. Whales can move the market whenever they want and with whatever results they want as long as it will be in their favor.  Those that are not respected by the market/whales are those people with weak hands that leaves the market as soon as they see dumps on their coins/tokens.

even as the whales control the market, you also need to do the basics by understanding the market flow and taking profits each time.
also, do not let it surprise you that even if as a whale you are not careful and doing your researches, you are closer to rekts than profits
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May 19, 2020, 07:28:05 PM
 #87

Being a decentralized platform and somehow anonymous, thus industry and bitcoin doesn't have any respect to anyone in the industry as we have seen from inception till date. Although, the market has been manipulated by the whales but only on the slight price and not on the entire industry. Recently, there has been series of speculatives around the industry, these speculatives hasn't see the light of the day as the market never obey their speculatives talks on the price of the market.

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May 19, 2020, 08:08:20 PM
 #88

The problem with many traders is that they try to tell the market what it should do based on their own analysis. Such behaviour is the reason why many people fail at trading. The market is alive and should be listened to, each candlestick tells you a story of the price action. Forcing your opinion on the market will only result in losses.

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May 19, 2020, 09:14:45 PM
 #89

The problem with many traders is that they try to tell the market what it should do based on their own analysis. Such behaviour is the reason why many people fail at trading. The market is alive and should be listened to, each candlestick tells you a story of the price action. Forcing your opinion on the market will only result in losses.
I think only a few amateur traders will do that because when you can control the exchange and have lots of money to do that you can get a lot of profit without having to look at the analysis from anywhere.

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May 19, 2020, 09:57:29 PM
 #90

The problem with many traders is that they try to tell the market what it should do based on their own analysis. Such behaviour is the reason why many people fail at trading. The market is alive and should be listened to, each candlestick tells you a story of the price action. Forcing your opinion on the market will only result in losses.
I think only a few amateur traders will do that because when you can control the exchange and have lots of money to do that you can get a lot of profit without having to look at the analysis from anywhere.
If you re thinking the amateurs will try to throw a lot of money to the market and i guess you should reconsider your statement again dude. The majority of the party who were getting a huge loss in trade comes from the amateurs and the whales always become the party who wins the market. Your statement was not true at all.

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May 19, 2020, 10:02:28 PM
Last edit: May 21, 2020, 11:46:29 AM by StephenJH
 #91

Most important thing when you will go for trade, make sure you have a lot of knowledge about anything that related with crypto and trade. Market will bullying everyone who knowing nothing about market. Then, make sure you have good money management and expect you will lost your money, always using stoploss in every trade.
You are absolutely right about that, it is just the same for me. l mean if you have any capital for trading or doesn't matter for investing. Without knowledge it is just useless, that is why for being a good trader and also making a good investment you need to have a lot of knowledge, experiences. Without things, you can not get any success. Cause of that in my humble opinion we try improving ourselves every day, no doubt it can take a bit long time to get success, but it doesn't matter to be patient. It will be worthwhile.

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May 19, 2020, 10:23:21 PM
 #92

Most important thing when you will go for trade, make sure you have a lot of knowledge about anything that related with crypto and trade. Market will bullying everyone who knowing nothing about market. Then, make sure you have good money management and expect you will lost your money, always using stoploss in every trade.
You are absolutely right about that, it is just the same for me. l mean if you have any capital for trading or doesn't matter for investing. Without knowledge it is just useless, that is why for being a good trader and also making a good investment you need to have a lot of knowledge, experiences. Without things, you can not get any success.

I think having the capital for trading is not just the solution for me. You have to be in the right circle of traders for easy access to important and key info that determines the direction of the market. I have seen whales wreck in no time in this market because they are not informed. Also if you are an average trader, in the right circle you can mirror trade expert traders and make your profits at ease

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May 20, 2020, 04:17:28 AM
 #93

You are very wrong with your statement, the market is led by the whale. Whale can move a market in any direction if they want because they hold a big bag. Whales are the market maker and dumper for your info. However, it depends on market size though.
Yeas you are right traders/whale are the ones manipulating the market, so in contrary to what OP says, we (traders,whale) don't respect any market flows as we are the one making any movements in the market, how the market would give a damn respect if they are just follow the flow by big traders/whales..
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May 25, 2020, 08:33:33 PM
 #94

The problem with many traders is that they try to tell the market what it should do based on their own analysis. Such behaviour is the reason why many people fail at trading. The market is alive and should be listened to, each candlestick tells you a story of the price action. Forcing your opinion on the market will only result in losses.

This is just another truth, it is wrong for any trader to try and force your own initatives on the market, some whales try it, and it always does not end well either ways.
Thats why you have to follow the market trend as a trader, not twist it.
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June 03, 2020, 01:30:46 PM
 #95

Yes you are right. Sometimes trading patterns as like you say, need skill  to required for those who carry out transactions to be smart and quickly at making decisions maker based on news coverage and hot issues  develop at this time because all ends how much you can earn from the trading process. Good Luck.

In addition to having skill, you also need to be honest with yourself while making reviews, because you cannot betray the process or outsmart it.
You should be able to determine your percentage profit before going into the trade at all, that way you get to keep focus and also avoid greed.
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