DislikedI noticed everytime I enter a trade, the market goes the opposit way. This morning I entered short and market turned around at that same price after executing my trade. Too many seems to complain the same thing - I wonder if the central locations whatever that might be (Interbanks.. . .) playing us. I am not talking about dealing desks either. I am using a direct execution - ECN, no dealing desk yet feel as if though something is working against me. The trades I have made money has only worked out cause I was waiting till the trade turned in my favor. What % of your trade go in your favor right from the get go???
I am starting to think that the forex market is a big CASINO and the guys at the central location are always moving the market in the oppsite at least in the beginning to shake them off - unless you are trading during a busy time and they can't do much???? Laugh but I think there is some kind game being played here and I don't just mean the dealing desk - I have avoided the dealing desk broker yet still feel like something is playing against me???
Any comment???
ThanksIgnored
You're entering scary territory now. Whenever you begin to think the banks are plotting a conspiracy against you as a trader it's time for you to take a break as Karmo said. I have been there. Others have told me of the plot they believed banks had to steal their money. Think about it. This market trades 2 trillion dollars a day! The Central Banks place their orders in millions and billions of dollars. Do you really think that they are sitting at their big desks laughing as they hunt down your stop so they can put another $200 or even $2000 in their pocket? The banks are out to trick the hedge fund people, not the little guys like you and me. Keep your chin up. Take a break for as long as you think you need. If you continue to trade with the idea in your head that someone out there is conspiring against you you will never become a successful trader. We're here to help each other along the way. You will succeed!
M2B