A trader explains why retail traders can't replicate smart-money strategies like stop-loss hunting. He used to believe market makers were manipulating prices, but after learning about order flow and realizing he traded through a CFD broker, he abandoned the myth. Retail traders lack the capital and data access institutions have.
Chapters
If I was not putting my stop loss, I was a ghost in the market. Probably the biggest bubble right now in YouTube and Instagram, which is ICTs. Okay, can we get deep into this part? Let's say that no retail trader is using a smart money strategy, because to use a smart money strategy, you need to have smart money capabilities. No one of us is using institutional strategy. We are just trading the price as retails because we can enter and exit from the market really fast. We don't have problem in putting our position. We don't need to put billions inside single position. So I will start that there is a huge misconception about smart money industry that is like the stop loss hunting and market maker that are seeking you, you under chasing, chasing, chasing your stop loss. And this is something that I have to be really honest about. I was believing when I didn't had a good understanding of order flow. When I was just watching naked charts, trading the stat statistical edge of one pattern. You don't understand what is happening behind. So I just saw that this pattern was working and I got some education on how this pattern is developing and I was thinking, okay, someone is coming to get me. So I need to wait the liquidation before then I can enter because otherwise when I put buy, they will see me. There was a moment that I also convinced myself that it was if I was not putting my stop loss, I was a ghost in the market. Then I understood that I was on a CFD broker.