Trading the 6E

November 11th, 2010, 05:34 AM

camsolution

A side note to my previous question.
When I take a look at the 6E volume its no where near the ES or even the NQ. I know for liquidity getting in and out of trades you want more volume. I've been stopped out of trades to the pip, to just to see it turn around and go in my direction, and I know a lot of others have seen the exact same senario more than once.

What I'm wondering, are the market makers (who know where the majority of our stops are waiting) manipulate the market to where that big pile of stops are waiting, to cash in off us.
Having a smaller account size we(beginners) try to keep tighter stops and get stopped out more frequently, where traders with bigger accounts and bigger stops stay in those trades and profit where we get stopped out.

Im not a market maker but if I were and I wanted to get in (in size) I would do it where the liquidity was . Theres no doubt they can see our orders and there are levels that stop orders are resting in quantity so I would say yes to your question . I dont think a bigger account means you use wider stops but managing your risk causes you to use enough caution without cutting yourself short on stops and letting a trade breathe imho .

November 11th, 2010, 09:27 AM

yes, market makers take out stops

they have always hunted them and will always hunt them, it's part of their profitable strategy

May 17th, 2011, 08:00 PM

Market Makers most of the time clean all the stops from the small accounts ...

camsolution

A side note to my previous question.
When I take a look at the 6E volume its no where near the ES or even the NQ. I know for liquidity getting in and out of trades you want more volume. I've been stopped out of trades to the pip, to just to see it turn around and go in my direction, and I know a lot of others have seen the exact same senario more than once.

What I'm wondering, are the market makers (who know where the majority of our stops are waiting) manipulate the market to where that big pile of stops are waiting, to cash in off us.
Having a smaller account size we(beginners) try to keep tighter stops and get stopped out more frequently, where traders with bigger accounts and bigger stops stay in those trades and profit where we get stopped out.

Trading the 6E

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Trading the 6E