The Market 'Manipulated' Me

Sometimes when I am bored and in need of entertainment, I would go to random TikTok forex experts doing 'Live'. They would give out signals in a 200 pips zone and claim 10 pips TP and then claim to be the best in the market. Some call themselves market movers. They start inviting you to their telegram channels. And when the 200 pips zone don't work out and they don't get the 10 pips profit?

'The market is extra manipulative today'

'My analysis was always spot on, it's just the market trying to play a trick on us'

'We will recover in the next setup.'

What happens next? Previous setup failed 200 pips stop loss, but the next setup profit 10 profits. 'Excellent recovery guys! Trust me , we lose one setup and immediately recovered. Tap tap like and subscribe, join the winning team!'

The math is not mathing isn't it? 200 pips SL and yet a 10 pips TP is considered a recovery? Most people would have already margin called (MC) their accounts before the 10 pips recovery. In today's very volatile market whereby a 1 minute candle can move 200 pips, anyone who claims their TP to be less then that is simply clueless and not profitable.

My take on the market being 'manipulative'? No such thing. Every candle and wicks represent exact price points the big players want to move the price. It is what it is, if the wick is 400 pips long, that's where the price was meant to go. There is no manipulation involved. You will only feel manipulated if you are not knowledgeable and not profitable. Oops, did that hurt the expert trader aura inside of you? Too bad.

Next time I will talk about new patterns that come out every single day. The latest one I heard was a 'flying fish pattern'. Goodness, Tiktok is really for entertainment purpose eh. Unfortunately these gurus managed to deceive thousands of clueless followers with their 10 pips TP and have them sign under their IB accounts and deposit every single time they lose their accounts. That's how IBs make their money. Be smart. No matter how much these gurus are kind hearted, if they are profitable traders, they will never share their knowledge. Their only source of income is your deposits at the B-book brokers. That's another topic for next time too.

Till then, goodnight 200 pips zone, 10 pips TP traders!