Going back to my previuos thought, if 90% of traders are loosers, it means that mostly of the times they are on the wrong side of the market.
( I know there could be many other factors involved, like tight stoplosses, money management, and many many other reasons)
But talking in a simple way :
if the price is made from quantity offered and quantity demanded, then this 10% which is winnning, which is on the right side of the market, must own so huge amount of money to move the market in his way.
This said, this 90% of traders, which own less then 50% of capital moved, don't have in any way the power to move the market.
ofcourse I cant resume it in a single trade. I dont mean that 90% of small traders today went long and 10% (institutions) went short.
But fact is that this 10% knows always where to go and push the market togheter...
my personal experience:
I worked for a company giving network assistance for trading floors in london 2 years ago, and I was field engineer.
I went in so many forex trading floors that I dont rembember..
Well, this companies, looked everything, but not poor for sure...
So they are not the loosers for sure..
And probably they are all good to catch the good direction at the same time ! wonder how ! ....
well, as you noticed, (I trade more london session), If London is closed for holidays, the market mostly doesnt move...
So it has to be them to move the price...
Thanks for explanations
( I know there could be many other factors involved, like tight stoplosses, money management, and many many other reasons)
But talking in a simple way :
if the price is made from quantity offered and quantity demanded, then this 10% which is winnning, which is on the right side of the market, must own so huge amount of money to move the market in his way.
This said, this 90% of traders, which own less then 50% of capital moved, don't have in any way the power to move the market.
ofcourse I cant resume it in a single trade. I dont mean that 90% of small traders today went long and 10% (institutions) went short.
But fact is that this 10% knows always where to go and push the market togheter...
my personal experience:
I worked for a company giving network assistance for trading floors in london 2 years ago, and I was field engineer.
I went in so many forex trading floors that I dont rembember..
Well, this companies, looked everything, but not poor for sure...
So they are not the loosers for sure..
And probably they are all good to catch the good direction at the same time ! wonder how ! ....
well, as you noticed, (I trade more london session), If London is closed for holidays, the market mostly doesnt move...
So it has to be them to move the price...
Thanks for explanations