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(as of Feb 06, 2025 03:44:55 UTC – Details)
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 currencyThe market makers provide the liquidity needed to make a profit to a small elite group of trained traders to trade on their behalfSuch 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 tradeCreate fear and panic by using quick moves, news, and spikesHit your stop loss
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