|
Re: Let's give "stop hunting" a rest
I think most agree that stop hunting happens. I do. The issue in this thread seems to be questioning how much of reported stop hunting is due to broker price manipulation, and how much is due to trader error. I hate to guess, but I am inclined to believe that the balance of complaints tend to refelct poor trading choices more than broker intervention.
The only debate, really, is what does a trader do with this information? How is ti helpful? OK, there is a risk of stop hunting. Forex is unregulated enough so this risk will continue until we all find the broker of perfect credentials.If anyone knows who it is, please post!! As KP Currency said well, and as has been posted many times, there are techniques one can employ to mitigate this practice by brokers, mostly in the form of sound stop/loss placement as it relates to Fib/pivot/S&R awareness. Second, brokerage choice. After that, if the clouds of suspicion are still too low to fly, I don't see any other techniques or methods of protection this knowledge can inspire.
|