@changqing78
The essence of trading is killing your own ego and understanding the pain points of whales — not listening to “teachers,” because they’re retail too.
Retail’s pain point: not enough money.
Whales’ pain point: too much money — can’t buy in or sell out.
If BlackRock or a top market maker wants to buy $1B in BTC, they can’t just smash “market buy.”
That would pump the price 10% instantly — massive slippage. So they need huge amounts of sell orders at the same price level.
Where does that liquidity come from?
Only one place: retail stop-losses and liquidation orders. They hunt your stops not out of malice, but because your liquidity is the fuel they need to build their positions.
Understand this, and the whole market looks different.