Read the scandals and secrets of the whales if you are a beginner in trading🫰

Whales in the financial markets (crypto or stocks) use dirty and terrifying tactics to steal money from small traders, including:

Pump & Dump: They falsely raise the price through fake news or misleading candles, and when people start buying... they suddenly drop the price and sell to them.

Stop Hunt: Destroying fake support or resistance levels to hunt people's stop-loss orders, and then they bring the price back to the correct direction.

Fake Liquidity: They place huge buy or sell orders to deceive traders into thinking there is real demand, and when people enter based on these signals... they suddenly pull their orders.

Paid and fake news: They pay websites or influencers to publish praise or criticism for a specific financial asset to mislead people.

Creating trend traps (Bull Traps & Bear Traps): They make you believe that the trend is up or down, and get you trapped, and when you enter, the whole market turns against you.

In clearer words:

Whales do not respect support or resistance, technical analysis, or news... they only respect their own pockets!

Their first and last goal:

"You lose... they win"