"EXCHANGE IS WATCHING ME!": THE TRUTH ABOUT WHO REALLY NEEDS YOUR STOP-LOSS AT $100 ๐ฅ๏ธ๐ค
Every other newbie cries into their pillow after a stop: "Well, the exchange saw my stop, hunted it down, and then went in my direction! They're manipulating against me!" Spoiler: nobody cares about you.
โข The Interbank Price Delivery Algorithm (IPDA) doesn't see your specific micro-order. It sees liquidity pools โ zones where thousands of stops like yours accumulate.
โข If you place your stop where the crowd does according to technical analysis textbooks (right below a clear support level), the algorithm is mathematically obliged to bring the price there to efficiently execute orders.
Stop playing the victim of a conspiracy. Just stop placing stops in obvious spots.
๐ Open the Bitcoin widget. Was your stop today once again "like everyone else's"?
#TradingPsychology #IPDA #Bitcoin $BTC #CryptoFREEMEN