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 methods to steal money from small traders, including:
Pump & Dump: They artificially inflate the price through fake news or deceptive candles, and when people start buying... they suddenly drop the price and sell on them.
Stop Hunt: They break through fake support or resistance levels to hunt people's stop-loss orders, and then they bring the price back to where it was in the correct direction.
Fake Liquidity: They place huge buy or sell orders to deceive traders into thinking there is real demand, and when people act on these signals... they suddenly pull their orders.
Paid and Fake News: They pay websites or influencers to spread praise or criticism about a particular financial asset to mislead people.
Creating Trend Traps (Bull Traps & Bear Traps): They make you believe the trend is up or down, and trap you, and when you enter, the entire market turns against you.
In clearer words:
The whales respect neither support nor resistance nor technical analysis nor news... they only respect their own pockets!
Their ultimate goal:
"You lose... they win."💸✅
