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Let's Assume Silver Market Manipulation
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jonas grumby
Posted 8/22/2013 14:18 (#3282353)
Subject: Let's Assume Silver Market Manipulation


Northern Illinois
I'm not saying there is but it's a Thursday afternoon and I don't have anything else going on right now so let's assume that the boys with big money want to clean my little account out and teach me a lessen about trying to trade in their house. Twice in the last three trading days the market has come under a lot of pressure in the overnight trading timeframe and then came back during the day. (My sell stop is far enough away that it has not got hit in the overnight so I am still long silver). If they want to break small non-professional traders do they just say let's run this thing down a bit and hit some sell stops along the way then we can buy back at a lower price after we have hit those sell stops and be right back at the same price we were at later in the day. OR are they attempting to get the small guy to think that maybe he should not have a sell stop in place because it is going to get hit at night then he is out of the market so he can not participate in the next run up so he buys a silver contract and does not place a sell stop under the market and then the big boys say GOTCHA. They run the market lower overnight and it just keeps going lower during the day and then the poor soul who purchased but did not use a sell stop is really out some money.

How would the big boys attempt to clean out my account? Nickel and dime me by hitting my stops or getting me to enter a long position without putting a sell stop order in?

Edited by jonas grumby 8/22/2013 14:20
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