Day Trading Stocks & Futures

i've noticed that usually whenever the market traces back a little from it;s upmove or downmove, it retraces exactly till where my trailing stops are and then promptly goes back. i wonder who is monitoring where my TSLs are :D:D:D
Maybe your broker.
It's possible for broker to watch the overall position of clients and their probable SL.
So they take position opposite to retailers and earn more money than through brokerage.

 

travi

Well-Known Member
it was at 579/80 when you posted now 585 , only 1% up, no ?
I bought it at 580 , upto then there were no red candles in its upmove , it moved to 581.85 and then 3 consecutive red candles till 576 :DD
I gone to pray mode then it moved up over 580 again , I put TSL at cost 580. it moved to 582.50 then came back to hit my TSL . so total zero profit :madi:
Bloody run up to 590 now :madi:
 

Riskyman

Well-Known Member
Maybe your broker.
It's possible for broker to watch the overall position of clients and their probable SL.
So they take position opposite to retailers and earn more money than through brokerage.
Doesnt happen much in India. what Anton is talking about happens mostly in the Forex markets because in forex markets there are no exchanges.
 

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