Disliked
....When the market moves against them they aren't accumulating losses, they are building inventory. Price seldom ever moves in one continuous straight line.....Ignored
.....and it's far from being 'seldom', it can be a frequent but unexpected occurrence particularly in low yielding currencies used to fund carry trades. A hint of risk aversion can see some quite spetacular one-way moves as traders bail out.
This quote from John Maynard Keynes seems appropriate here - "the market can stay irrational longer than you can stay solvent"!
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