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What if everybody trades ?

  • #21
  • Jul 20, 2008 10:30am Jul 20, 2008 10:30am
Quoting Rabid
The most efficient way to trade, theoretically speaking, is to find some unique stuff and never ever say anything about it to anyone. Take the money and run.

I agree.

As soon as everyone knows about a successful method or strategy, it's possible for others to anticipate it.

If they can anticipate it, they can enter the trade before everyone that uses those common strategies, and the market dynamics will change.

In english, this implies that the price will start to adjust before everyone using those common strategies has a chance to act -- making those strategies less effective.
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  • #22
  • Last Post: Jul 21, 2008 3:10am Jul 21, 2008 3:10am
Trading is part psycological and part greed and because of this there will always be Loosers and winners, just make sure you are on the winning side most of the time.

In reality it is just like playing black jack or poker at the casino and you are losing, it is up to you to take a break device a new game plan and come back and play with a strategy that will give you an edge such as not betting on every call.
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