In the business of trading, there is always someone on the other side of our position, in fact that’s the only way a trade will happen.
Quote by Anton Kreil: 90% of the people, will lose 90% of their money, within 90 days.
With the current stats of 96% – 4%, 4% being the only ones that make it in trading, it simply means that they are doing the OPPOSITE of what the 96% are doing.
Tricks:
Fake Out
Stop Hunt
Big Candles
Long Wicks
Final Tip:
In order for price to go UP, there has to be enough sellers who are willing to sell to the buyers.
In order for price to go DOWN, there has to be enough buyers who are willing to sell to the sellers.
0:52 – statistics of retail traders
2:45 – tricks and manipulations
3:00 – fake out examples
6:35 – stop hunt
9:31 – big bodied candles
12:01 – long wick
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