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100 Pips a Day Trading Forex

By: Charles Edward
Narrated by: Derik Hendrickson
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Summary

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 currency
  • The market makers provide the liquidity needed to make a profit to a small elite group of trained traders to trade on their behalf
  • Such 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 trade
  • Create fear and panic by using quick moves, news, and spikes
  • Hit your stop loss
©2021 Charles Edward (P)2022 Charles Edward
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