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How longs these trading system will work??? Please help fellow trader.....

  • Post #1
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  • First Post: Jan 7, 2007 1:29am Jan 7, 2007 1:29am
  •  zamiriqbal
  • | Joined Sep 2006 | Status: Newbie...from Dubai... | 135 Posts
Dear All,

This is my first post ever. I love this forum and i love two of the system ( Bagvino and SRDC ) in Forex Factory.

Please donot mind my English as it is not my first Language....

I would really appreciate , if any one could help me with the below question which i have been thinking for a long time but couldnt find the answer....

 

  1. How long a trading system like Bagvino or Sidius or any ther system for tha matter will last. For example, if particular system is very successful then eventually more and more people will start using it then lest say if this particualr system give a buy signal then since evry oen is using this sytem will give order to buy but who will be on the selling side ... and why is he selling since the most succesful system is giving a buy signal.
  2. also, if a particular succesful system give a buy singal, the who are the person on the selling side and why are they selling??

Again, sorry for my English...and i hope to receive some positive and constructive reply to my queries.

Regds

Zamir M Iqbal

Thanks and Regards Zamir M Iqbal
  • Post #2
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  • Jan 7, 2007 2:41am Jan 7, 2007 2:41am
  •  g-dogg
  • | Joined Sep 2006 | Status: PIMP (Pips In My Pocket) | 128 Posts
Quoting zamiriqbal
Disliked
Dear All,

This is my first post ever. I love this forum and i love two of the system ( Bagvino and SRDC ) in Forex Factory.

Please donot mind my English as it is not my first Language....

I would really appreciate , if any one could help me with the below question which i have been thinking for a long time but couldnt find the answer....



 

  1. How long a trading system like Bagvino or Sidius or any ther system for tha matter will last. For example, if particular system is very successful then eventually more and more people will start using it then lest say if this particualr system give a buy signal then since evry oen is using this sytem will give order to buy but who will be on the selling side ... and why is he selling since the most succesful system is giving a buy signal.
  2. also, if a particular succesful system give a buy singal, the who are the person on the selling side and why are they selling??

Again, sorry for my English...and i hope to receive some positive and constructive reply to my queries.

Regds

Zamir M Iqbal

Ignored


hi zamir,the forex market is extremly huge to be affected buy a couple of investors like us, there is 1.9 trillion dollars being traded daily on this market so its extremly hard to move the market where you will loose because others are using the same system. most systems will work fine as they are, it is the defect in the user that causes the system to collapse. you have to be patient and not greedy and finally dont mess with any of the original rules just stick to them wether winning or loosing because in the end you got the winning edge. and finally as for your question on who is on the other side of your trades, its usually other people, banks and market makers who think the market is going to move the opposite way. some of those banks and market makers are also on your side of the trade it depends on what each person belives where the market is going, you get what im sayin? if you have any questions about any of the above feel free to pm me i speak arabic so i might be able to help you out. salam ya khayay!
Egyptian and proud of it!
 
 
  • Post #3
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  • Last Post: Jan 7, 2007 11:15am Jan 7, 2007 11:15am
  •  karmostaji
  • Joined Nov 2006 | Status: Dubai | 11,492 Posts
Welcome fellow member from Dubai
Trade what you see, not what you think.
 
 
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