Part 2
6. Stop orders and slippages
Whales push prices beyond key support or resistance levels to trigger stop orders, leading to cascading movements. They quickly reverse within the range, catching stop-liquidity and trapping traders.
7. Hidden trading
Whales use hidden trading to fabricate volume and momentum, deceiving buyers with inflated interest and liquidity. Be skeptical of stated volume and check true liquidity through bid-ask spreads and order book activity, not just volume indicators.
8. Order spoofing
Whales use fake orders to manipulate traders' emotions. For example, a large buy wall triggers bullish sentiments but then disappears, confusing traders. Massive sell orders above the price scare traders. Use limit orders and don't react to transient walls.
Key rules to avoid manipulation:
1. Don't use stop-losses at key levels.
2. Wait for confirmation of movement before investing.
3. Let key support/resistance levels break.
4. Avoid buying pumps or chasing small volumes.
5. Analyze bid-ask spreads.
6. Keep patience."