why did the other thread close, who is monitoring it??
It's the reason that hedge fund managers don't tell you their position at the time.
I think TD was saying that other (bigger) traders will be monitoring it and will be taking the opposite side of your trades (hence, not your best interests at heart) - knowing roughly what your stop losses will be they will aim high and low tick you, forcing you to pay up and then profit themselves.
Welcome to the exploitation game that is trading. It's the reason that hedge fund managers don't tell you their position at the time. They'll tell you they're short on TV just as they are about to unwind their positions and get long.
I think TD was saying that other (bigger) traders will be monitoring it and will be taking the opposite side of your trades (hence, not your best interests at heart) - knowing roughly what your stop losses will be they will aim to high and low tick you, forcing you to pay up and then profit themselves.
Welcome to the exploitation game that is trading. It's the reason that hedge fund managers don't tell you their position at the time. They'll tell you they're short on TV just as they are about to unwind their positions and get long.
i think he is suffering from illusions of grandur and think people are stalking his thread in order to fade the setups..not that anyone would care as its not exactly the most ingenious of setups even if it does work..
I think TD was saying that other (bigger) traders will be monitoring it and will be taking the opposite side of your trades (hence, not your best interests at heart) - knowing roughly what your stop losses will be they will aim to high and low tick you, forcing you to pay up and then profit themselves.
Welcome to the exploitation game that is trading. It's the reason that hedge fund managers don't tell you their position at the time. They'll tell you they're short on TV just as they are about to unwind their positions and get long.