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 falsely raise the price through fake news or deceptive 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 return the price to where the correct direction was.
Fake Liquidity: They place large buy or sell orders to deceive traders into thinking there is real demand, and when people enter based on these signals... they suddenly withdraw their orders.
Paid and fake news: They pay websites or influencers to publish news praising or criticizing a certain financial asset to mislead people.
Creating trend traps (Bull Traps & Bear Traps): They make you believe that the trend is rising or falling, and trap you, and when you enter, the entire market turns against you.
In clearer words:
The whales do not respect support or resistance or technical analysis or news... they only respect their pockets!
Their primary and ultimate goal:
"You lose... they win."💸✅#BTCRebound