The Problem with Breakeven Trades
The issue with breakeven trading is that when enough people are joining the market at the same place, be it a demand area or an order block.
Many traders like to secure their positions immediately.
This, however, creates liquidity.
Whenever a large group of people move stop losses to the same area, expect that area to be a target for the banks.
In this example, we can see buy orders being activated at an order block, a sudden push to make buyers secure their position, followed by a stop hunt of risk-free trades before continuing to the upside.
Do you ever get caught in situations like this?
Many traders like to secure their positions immediately.
This, however, creates liquidity.
Whenever a large group of people move stop losses to the same area, expect that area to be a target for the banks.
In this example, we can see buy orders being activated at an order block, a sudden push to make buyers secure their position, followed by a stop hunt of risk-free trades before continuing to the upside.
Do you ever get caught in situations like this?
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