GDAX Manipulation EXPLAINED!
There's a lot of talk going around regarding the recent crash on GDAX and I thought it necessary to explain the how and the way.
The first half of the video is more focused on how market prices actually move up and down, with the second have getting into the meat of the issue; how GDAX was intentionally manipulated.
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Hmm I forgot to mention if you are trading with a good Risk vs Reward and you DO get washed by a whale. Assuming you are right 40% of the time and trade at 3:1 or better, you will be ok in the long run. Even if you get eaten by a whale manipulating the market.
The danger in this best case scenario is that you suffer slippage and your stop loss doesn’t get triggered until you take a larger loss than you had intended.