Read and understand the basic tricks of sharks, don't give them money.
Wolong is a Singaporean day trader who is very famous in the coin trading community, behind the dogecoin pumps and dumps and he has earned millions of dollars.
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Most believe that the market reflects supply and demand, reflecting the rational decisions of investors, but the truth is completely opposite.
Market prices are always managed by the visible hand of the state through laws and regulations. Insiders control the market and set prices at will to maximize profits. One thing is for sure, price manipulation happens everywhere and is unavoidable.
This phenomenon happens in all stock markets, bonds, commodities, currencies... There are many ways to make prices in the market, one of which is making prices thanks to news and social networks, which I call the name is a game of lies.
Shark checking is a trading trick based on observing the transactions of the wealthiest and most influential investors, known as sharks. This article aims to explain how to trade wisely in the virtual currency market, understanding how to make prices in the market.
Most investors do not understand the importance of trading volume and its influence on market analysis. At any given time, there will be investors taking buy positions, selling positions, holding positions or some waiting to enter the market, some with profits. A long position is when an investor buys with the expectation that the price will increase, a short position is the opposite. Whenever an investor enters the market, the trading floor will continuously update the trading volume. Trading volume reflects activity and directly impacts the price chart.
Sharks will contribute up to 70-80% of trading volume, large enough to control the market at will. In this article, I will not go deeply into identifying the signs of sharks but will focus on how to make prices from the perspective of sharks.
“Know the enemy, know yourself, 100 battles, 100 victories” – Sun Tzu, The Art of War
Individual investors trade in the market with the sole purpose of profit. Many investors are very careful before placing an order, thinking hard to evaluate whether the price they buy or sell is too high or too low. Even though many investors have good technical analysis skills, they still lose money. The reason is that you do not understand the trading methods of the sharks. They are extremely wise, quick-witted, bold, extremely patient individuals and one special thing is that they do not comply with the rules of the game. Prices can go up 100%, 200%, but it's never too late to get in for them. Simply buy high? Sell higher! Selling low? Buy lower!
For any basic investor, this simple process only includes pumping and dumping. However, to be successful in a pumping and discharging session, there are many stages.
•Prepare your position
•Push prices down
•Test pump
•Real pump
•Reject
•Redistribution
•Thoát
•Prepare your position
Also.... P2
