1. Definition of Whale Trap:
A scenario where large investors (whales) manipulate market prices to deceive smaller traders.
2. Manipulative Tactics:
Whales drive prices up or down to lure smaller investors into premature buying or selling.
3. Profit Reversal:
Once enough smaller traders react, whales reverse the price movement to profit, causing losses for retail traders.
4. Timing of Whale Traps:
Commonly occurs during volatile periods or after rallies when retail traders expect further gains.
5. Key Strategy:
Stay cautious, avoid chasing sudden price movements, and adhere to well-researched, disciplined trading strategies to protect against these traps.
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