After the closure of volatility 300 1s and 200 1s we had an interesting conversation with thousands of traders on of the online forums l am part of and we reaching as many traders as we can to take note of the following. All traders especially those with positions in 300 1s and 200 1s to keep a close eye on Deriv . This is because it seems most of you guys have open positions which are in losses on those two pairs . So basically the risk management Deriv is mentioning is Volatilty 300 1s and 200 1s now carried a lower risk but high rewards especially on buy positions. Since they are not in a business of you making money even though you lost money when the same pair continued to trend in the same direction basically they are denying us an opportunity to open positions on trend reversals which were due. Please traders don’t take our word for it open charts for Volatility 300 1s and 200 1s and see a clear reversal which was now due and was going to benefit a lot of us guys who practice this trading method after serious losses and see what they are calling risk management.
However , since traders you can no longer hedge your positions on these pairs its time to test
the integrity of the broker DERIV since you are all sitting ducks. So everyone keep any eye on the following if any of the following conditions are breached we have grounds to report the broker and cause noise on all social media platforms because it will mean that the broker is manipulating the market and also remember to always take videos and screen shots of Volatility 300 1s and 200 1s in case they are removed entirely.
Observe your stop loss since you normally use a market structure to place it , the market should not go to new low levels for example if you open Volatility 300 1s chart , the lowest the market has gone is 10.40 which means almost all stop losses are slightly below that . If the broker goes below that given price it means he is hunting your stop losses which you created using the market structure and you cant do nothing about it since you cant open new positions. in short you are a sitting duck and thats market manipulation
Observe volatility , l am sure most you are in losses, so the broker might not hunt hunt for your stop losses since it is almost obvious to every trader that it is pure market manipulation. what the broker can do is cause volatility to dry up while your positions are in losses and chew you on swaps and overnight charges . and also by volatility drying up it means you might fail to break even since the price would be failing to get back to your entry level. So guys watch out from any deviation from normal volatility.
SO TRADERS KEEP ANY EYE ON THE BROKER TO SEE IF RISK MANAGEMENT ON THE PART OF THE BROKER OR PURE MANIPULATION . KEEP VIDEOS AND SCREENSHOTS OF CHARTS IN CASE SOMETHING FOUL HAPPENS THEY WILL DELETE THE INSTRUMENTS ALL TOGETHER WHILE WE NEED EVIDENCE TO REPORT AND FOR SOCIAL MEDIA.