Stop Loss Hunters?
- Thread starter matador04
- Start date
The answer is staring you right in the face:
Ask yourself this - where do you place your stops?
If it's roughly 6-8 ticks beyond the swing hi/low, then guess what. You and every other Joe Idiot trader have their stops set there too. This is NOT rocket science, and smart traders understand this and basically know where on a chart most of the sheep are caught on the wrong side.
Ask yourself this - where do you place your stops?
If it's roughly 6-8 ticks beyond the swing hi/low, then guess what. You and every other Joe Idiot trader have their stops set there too. This is NOT rocket science, and smart traders understand this and basically know where on a chart most of the sheep are caught on the wrong side.
I would bet money, and I have, that the GS specialist is a stop hunting maniac. I was long just above the 10:05am 5min candle yesterday. Look at the next bar. He knew it was going up hard, so he went on a little stop run so he could load up. Assclown. 
So you guys mean to tell me out of all the traders a MM or Spec just want to stop little o you out of your 500-1000 shares? Not trying to be mean but think about it, if you put your stop where everyone else's is at then what do you expect?? If it happens all the time then it's bad stop placement on your part.