Hi,
happy Christmas to you all.
May I ask you about 3 questions that I can't wrap my head around?:
happy Christmas to you all.
May I ask you about 3 questions that I can't wrap my head around?:
- The ITs consist mainly of a few big banks and institutions, right? As I understood they communicate over the chart by giving secret signals so that they avoid "stealing" capital from each other, is that correct? However, if there are let's say 10 banks how do they synchronize with each other. It's illegal to call each other by phone to coordinate a trade, right?
- Do you know if the ITs trade manually or with bots? If manually that means there is a person sitting in front of a computer and sets all the "traps"?
- The ITs have to buy low, sell high or sell high and buy low to make profit, correct? Is it important to see on the chart which is the 1st or the 2nd transaction or does it not matter at all?
Thank you for your insights and opinions in advance.