100 Pips a Day Trading Forex
Learn How to Beat the Market Makers
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100 Pips a Day Trading Forex
Narrated by:
Derik Hendrickson
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Narrated by:
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Derik Hendrickson
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By:
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Charles Edward
About this listen
What is a market maker?
- Market makers are the liquidity providers with a significant role to serve as intermediaries in the sell or purchase of the currency
- The market makers provide the liquidity needed to make a profit to a small elite group of trained traders to trade on their behalf
- Such traders are called "dealers"
- In order for them to make profit, they have to take you out
Objective of the market makers:
- To induce you to take a trade
- Create fear and panic by using quick moves, news, and spikes
- Hit your stop loss
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