Hi guys
How are you doing ? today i am planing to say something about Forex trading but not about trading some secret about scam things doing by brokers. Huh you wanna know it ? but not all today . I just tell some very interesting things.
Stop Loss Hunting :
Ohh what is this ? This is what most of the brokers doing to stay profitable. ok just keep reading you will get to know what is the meaning of this Stop loss hunting. when we trading we sometimes put Stop loss level and Take profit level as well. when out trading go profit side and hit the TP ( Take Profit) we will make some money on that trade. but most of the time our trade go very close to TP but not hit that target and come back towards SL area and hit the SL( Stop Loss). this is not happening naturally most brokers doing it manually by using trader plugging. with that traders dealing desk broker can see our all details of current running tradings and balance and all. when our trading go towards TP area and when try to hit TP they make freeze the account and sometimes spread widening and let the trades go back to SL area and they use news time to do this shit. So be careful when you trading forex.
DEFINITION of 'Stop Hunting' A strategy that attempts to force some market participants out of their positions by driving the price of an asset to a level where many individuals have chosen to set their stop-loss orders.
you will realize it better with following pictures
i will tell more about these things in next articles .
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