/biz/ - Business & Finance

>>13136532
my god all my coins and low caps are fucking pumpin hard
is this it? like i am finally going to fucking make it?

>>13136532
its because the bots know full well who owns the books, they're designed to recognize trades that weren't made by them. it's how they lock you in on dumps, and make you regret selling

>bot makes 500 trades
>you make a trade
>501 trades logged
>bot reallocates funds to lock in outlier trade
>rinse and repeat

>>13136576
It's literally this. An entire book can be nothing but not trades for minutes and the exact instant a human makes a trade they know it and react. I've seen coins bounce off my stop loss so many times that I know it is programmed behavior.

>>13136576
this. you have to understand it's a fake market that will systematically go against you. the pumps are a bait to make you buy, the dumps a bait to make you sell. It's also the case with bitcoin and not only alts. you will continue to lose money until you understand it's all a giant scam.

>>13136532
Could be worse. You could have your life savings liquidated on bitmex like some of the losers do here from time to time

>>13136532
>I hold and the dealer beats me
>every
>fucking
>time

Have you considered not gambling in the first place?

>>13136532
I sold 3500 BNB at a dollar. It skyrocketed within days.

theres this shitcoin im trying to buy, place 1 order at 2100 sats and it stays there for weeks. today i move it to 2000 sats. it dumps to 2001. kek.
theyre not even trying...

>>13136681
last year i sold cet for like 20 bucks, the following week it was worth 3000
i feel you fren

>>13136681
>>13136768
Because in reality it was never worth that much. Things only pump hard if the market maker is sure no one will profit from it. So he will wait and make people sell before the pump. When it pumps nobody is profiting from it. completely fake market

>>13136532
Repeat after me anon:

Only sell while something is pumping, only buy while something is dumping. Never use smaller than 4hr charts, never fucking FOMO.

I beat trading for you.

>>13137305
>catch falling knives and sell into strength
genius

>>13137886
Kek

>>13136576
This! Depending on the exchange, Binance being the worse because they have bots "baked in", they know the trade they are making and they know trades being made by humans.

They use the order books and the spread to fuck with people. For example, ever have a coin where the price just keeps falling (or at least looks like it on the charts), and you finally capitulate and it goes up? Well that's just bots manipulating the market buy selling the lowest minimum amount required, while thinning out the order book.

Looks like it's falling but it's really not.

Also, for a while last year I was 100% sure that Binance had some sort of touch recognition on it's iPhone app. I could simply touch a price in the order book on either side and the order book would immediately adjust.

>>13136532
It's rigged. Almost no market is even "real" anymore and they haven't been since the dotcom boom when way too many "unapproved" people got rich. Then 2008 changed the game forever and after that you began to see every prop firm vaporize or transition to selling "education". The majority of those "market wizards" vanished. And so on. I don't even know what the point of the markets are anymore at this point because it's basically all fake order flow and you can't trade it profitably consistently.

You can really really really easily test this too so it's not even a secret. Accept the premise that you have support and resistance levels. We'll even say that they're not ironclad, but basically you just have to operate under the assumption that support and resistance are something you can mark off on a chart. The more mechanical you are about how you define them, the better, but it's not critical. Now with that in mind, you really can only ever have 8 trade types, 4 at support, 4 at resistance.

So at any given time, the "hottest" entry points really only allow for 4 trades. I won't get into everyone of those trades, because the 2 main ones are you're either buying in front of support expecting support to hold or you're selling in front of support expecting support to not hold and the stops to get run. Same deal at resistance, you're selling at resistance or you're buying at resistance. That's really it.

Now if you execute only 1 of those trade types, let's say "sell in front of resistance" over the course of like 50 trades, you will find that they drastically fail and they fail in a way that goes WAY beyond random chance. The failure of that trade type implies then that the opposite trade type, in this case "buying in front of resistance" would be drastically successful. But what happens when you execute 50 of those? THEY FAIL TOO!

>>13136532
>>13138234
Now how could that really be possible if you have a solid money management system in place? In other words, you're not just winging these trades. You're death gripping winners and diligently cutting losers. You're thoughtfully examining the overall conditions. Maybe you're even reading the tape. Yet no matter what trade type you're executing, no matter what size you're doing it, no matter what the overall conditions are and how in line with them you're trading, no matter how large or small you make your stop, you're getting stopped out. The reason is that the order flow is all fake and the overwhelming majority of participants are bots and off exchange or dark pool transactions. If you're entering a trade on the market, it doesn't matter what you are doing, the system is designed to take your money. Take a hundred dollars or so and run the experiment. All U.S. markets and the major crypto markets are basically bucket shops.

>>13138080
Why didn't you use it to your advantage than faggot?

>>13138234
>>13138244
See: >>13136680

>>13138234

OP here,

I'm an old poorfren and new to this but heard about high frequency trading. Not
applicable to me however.
In my case it's simply I'm a nitwit.

>>13136532
tell us when you are about to sell, so!

You a retard

>>13136532
thats what you get for your cnbc logic.

>>13136532
Haha