Trading against the crowd - is there an interested programmer in working together - page 6
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
That's against the rest, not including the ones you describe.
By the way, I get the phrase "people, wake up" in my head just when it comes to the use of standard TA in forex.
Here's against the rest, not including the ones you described.
If you think that all traders trading through a brokerage company are related to the market and their positions are taken to the interbank, this is of course your opinion, but then in order to take a trader to the market his margin must be 100K $ and this is the minimum value of one contract on the exchange and of course there cannot be any fractional values. The only thing that you may trade against the crowd is only against the futures market and only at expiration.
Seconded. You can't trade against the crowd as we can't see all the traders. Every DC is actually on its own.
If you think that all traders trading through a brokerage company are related to the market and their positions are taken to the interbank, this is of course your opinion, but then in order to take a trader to the market his margin must be 100K $ and this is the minimum value of one contract on the exchange and of course there can not be any fractional values. The only thing that you can trade against the crowd is only against the futures market and only at expiration.
It has been said here that the big brokers publish information about their clients' positions, we just assume that the majority of these clients are losing no matter what, and the goal is not to have positions which will coincide with the direction of the majority, i.e. the crowd. Any idea has a right to live if there are those who believe in it, do you agree that 95-97% of traders lose their money on Forex?
It is impossible to trade against the crowd in any case. ) Because this same crowd has no effect on the market, and, for the most part, does not even interact with it.
It has been said here that big brokers publish information about the positions of their clients, we just assume that the majority of these clients are losing as much as they do, and the goal is to not have positions that would coincide with the direction of the majority, i.e. the crowd. Any idea has a right to live if there are those who believe in it, do you agree that 95-97% of traders lose their money on Forex?
Let's finally formulate - what is the crowd?
The market is moved by money. Where the money goes - that's where the market goes. Playing against the money is equivalent to playing against the market. It is deadly dangerous. If you set out to play against the crowd, you will meet the fate of 95% of traders.
If this same crowd does not move the market, then it is not a crowd at all, but a ripple on the water. What is the sense to play for or against such a crowd?
Let's finally formulate - what is the crowd?
The market is driven by money. Where the money goes, so does the market. Playing against money is equivalent to playing against the market. It's deadly dangerous. If you set out to play against the crowd, you will meet the fate of 95% of traders.
If this same crowd does not move the market, then it is not a crowd at all, but ripples on the water. What is the point of playing against such a crowd?
Let's start at the beginning - do you believe that 95-97% of traders lose regularly?
Don't state what you don't know for sure,
Let's start at the beginning - do you believe that 95-97% of traders lose regularly?