The market maker – they’re a necessary evil. Market makers know exactly when and where to begin manipulating…
price. They know the levels at which buyers and sellers are or will be, therefore they use that knowledge to their advantage.
To be successful in this business, traders need to understand this manipulation is occurring and trade accordingly.
Remember, there is a ton of psychological intentions happening behind price action.
The same information is being consumed by uneducated traders, so it is easy for market makers to capitalize on this psychological aspect.
Bottom line, once a trader is completely aware of the manipulation that’s occurring in the market, we then are able to take advantage of this knowledge, just like the market makers take advantage of emotional traders.
Its chess, not checkers.
