The whale known among traders as Trump Insider just opened a short position worth $18.3 million ahead of Donald Trump's upcoming decision on Iran.
What's interesting about this is that this trader has built a strong reputation over the past few months after several successful trades on major market moves.
But we need to keep one thing in mind ๐
Even the best traders in the world don't have a 100% success rate forever.
The market is full of people who seem to know something that others don't.
Then one trade comes along and wipes out years of success.
However, opening a position this size at this timing will have everyone watching closely to see what happens in the coming days.
The question now is:
Is it just a smart read of the events,
or does this whale see something that the market hasn't picked up on yet?
Binance trading group first comment ๐๐
What's interesting about this is that this trader has built a strong reputation over the past few months after several successful trades on major market moves.
But we need to keep one thing in mind ๐
Even the best traders in the world don't have a 100% success rate forever.
The market is full of people who seem to know something that others don't.
Then one trade comes along and wipes out years of success.
However, opening a position this size at this timing will have everyone watching closely to see what happens in the coming days.
The question now is:
Is it just a smart read of the events,
or does this whale see something that the market hasn't picked up on yet?
Binance trading group first comment ๐๐