We keep listening from traders statements like “that is a trap” or “the market is trying to trap” or “the operator is trying to trick retailers”. In my opinion, there is nothing like that in the market.
There is only one truth in the market, and that is Price.
People do believe that there are market makers and operators trying to trap retail traders. I don’t blame them for having that thought. It certainly feels like that way when market goes against you a few times and stops you out of your trade before resuming back in your original anticipated direction.
As a trader we have to accept the nature of market movement, it goes zig-zag, up-and-down. Doesn’t go straight up or down for a long sustained time.
You agree with the whole concept of Trapping because of one of these two reasons or both:
Either, you have been a victim of that ‘stopping out and resume the move’ (SORTM) phenomenon, or/and
you don’t have sturdy trade plan at the initiation of the trade.
Listen, market moves in that haphazard manner, independent of what you or I think. Either you are on the right side of the market direction or you are on the opposite side. That’s what matters, that’s it. Keep a trading plan, accept loss, and keep position size small. That’s what is under your control, so do this responsibly; and, you won’t care about such things as Trapping.
Confidence in the trade comes when there is a rational reason and study behind a trade. You won’t be bothered with these terms like Trapping when you have a solid plan, rational entry trigger, and solid sturdy risk management.
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