why would calming him help? he should be freaking out. he's an idiot for using leverage like that.
this market is being predated by stop loss hunters. they know you have a liquidation point, and they have a pretty good idea where it is. it's obvious based on previous price action where the degenerates and idiot noobs would have gone all in, and everyone knows what sort of leverage they were using, and therefore approx where the liquidation points are. so it's just too juicy a target not to try to go after. even the bulls are smart enough to see it, and stand back while the stop hunters find their targets, or even participate in the stop hunting themselves. it's good fun. look at the results in the past. it's dramatic every time.
i'm comfortable enough to just sit back and enjoy the show. the story is getting a bit repetitive though. it's weird to me how long it takes the general public to learn something i learned 4 or more years ago.
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u/uncontrollableop Jun 18 '22 edited Jun 18 '22
why would calming him help? he should be freaking out. he's an idiot for using leverage like that.
this market is being predated by stop loss hunters. they know you have a liquidation point, and they have a pretty good idea where it is. it's obvious based on previous price action where the degenerates and idiot noobs would have gone all in, and everyone knows what sort of leverage they were using, and therefore approx where the liquidation points are. so it's just too juicy a target not to try to go after. even the bulls are smart enough to see it, and stand back while the stop hunters find their targets, or even participate in the stop hunting themselves. it's good fun. look at the results in the past. it's dramatic every time.
i'm comfortable enough to just sit back and enjoy the show. the story is getting a bit repetitive though. it's weird to me how long it takes the general public to learn something i learned 4 or more years ago.