Post
Topic
Board Economics
Re: Is market manipulation a common occurrence everywhere?
by
Mpamaegbu
on 03/09/2023, 04:25:21 UTC
What kind of people are capable of market manipulation?
Everything in this globe can be manipulated. In trading, manipulation shouldn't be tagged to sinisterness or evil. It should be seen as a need to oil the wheel of progress. It's what makes the industry busy. It's not as if someone tries to take one thing from somewhere and place it where it doesn't belong. It's a game whales or huge investors play by either causing scarcity in the market by mopping up large quantities to create demand and FOMO or doing the reverse by selling off huge quantity and causing excess supply to panic retail traders with weak hands into FUD to dump more. These whales then go back to either dump (in the first case where they create demand) or buy up (in the second case where they cause excess supply). We see this scenario in cryptos, Indices, Forex Trading, Stocks, just to name but four. For me, I don't see anything wrong in it. It's business strategy.