Opening an order has just two buttons with multiple gaps. When you go long, it drops; when you go short, it rises. Is the dog dealer targeting you, or don't you really understand the nature and rules of the market?
Buying long with a stop loss is selling; buying short with a stop loss is buying.
Everyone probably knows this every day when trading, right? But have you considered whether your entry position might be a market maker's passive execution position or someone else's stop loss level?
If trading only looks at technical indicators or support and resistance levels, aren't the positions you find the same positions everyone else is also finding?
If you understand volume-price microstructure and main player intentions, would you realize that so-called support and resistance are meant to be broken? After hitting your stop loss, they reverse with a V-shape.
If you understand market makers and microstructure intentions, you'll discover that using market maker logic to find your take-profit and stop-loss levels basically falls outside the range of indicators and support/resistance. $ETH
Buying long with a stop loss is selling; buying short with a stop loss is buying.
Everyone probably knows this every day when trading, right? But have you considered whether your entry position might be a market maker's passive execution position or someone else's stop loss level?
If trading only looks at technical indicators or support and resistance levels, aren't the positions you find the same positions everyone else is also finding?
If you understand volume-price microstructure and main player intentions, would you realize that so-called support and resistance are meant to be broken? After hitting your stop loss, they reverse with a V-shape.
If you understand market makers and microstructure intentions, you'll discover that using market maker logic to find your take-profit and stop-loss levels basically falls outside the range of indicators and support/resistance. $ETH
