How Dog Traders Manipulate Retail Investors
Take a good look, so you don’t fall into the traps of dog traders!
Dog traders first drop the price to make everyone think the market is about to crash, and then take the opportunity to buy low, preparing for a price increase later.
They keep buying and selling within a small range, making the market chaotic like a headless fly. Retail investors get frustrated and sell at low prices, which is exactly what the dog traders want.
Once they have accumulated enough chips, dog traders start raising the price, even creating many fake accounts to pretend to buy and sell, making the market look super active and attracting more people in.
While the price is rising, dog traders pretend to sell while actually buying; in many cases, they are just scaring people and not really selling, causing the price to obediently keep rising.
Dog traders are particularly good at taking advantage of retail investors' tendency to be greedy and follow the crowd, driving prices up to lure retail investors into taking over, and then selling at high prices for profit. So, when retail investors see the market moving chaotically, they need to stay calm and not rush into chasing highs and cutting losses; think carefully before taking action!
The profit from long positions has pulled back a bit, but it’s no big deal; continue holding until 3000!