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  • #146,401
  • Sep 25, 2009 12:25am Sep 25, 2009 12:25am
Quoting acumen
He/she doesn't exist.

There is no one individual in the world that trades this market and can move this market.

Could Buffet or Gates do it... yep... however.... they aren't currency traders.

Mike
He/she is the collective power all the traders. This is what I meant and expressed.

Buffet or any individual even given that kind of money and power would be a fool to put all his money in one market at one point of time.
The Thief of Wall Street
  • #146,402
  • Sep 25, 2009 12:27am Sep 25, 2009 12:27am
Another thing I wonder about....

a bad trader is one opposite of a good trader, right? And a bad trader is someone who loses more than wins, correct? So is it possible to be such a bad trader that you win more than you lose?

In other words you reverse the reverse, but not on purpose.
  • #146,403
  • Sep 25, 2009 12:28am Sep 25, 2009 12:28am
Hmmm, sounds like you also played 00 - 80.

http://www.forexfactory.com/showpost...ostcount=13442

Quoting acumen
In and now I'm out.

Keep in mind my long term is 20 PIPS.

Mike
  • #146,404
  • Sep 25, 2009 12:29am Sep 25, 2009 12:29am
Quoting The Fool
I just talked to the market and he said if he did not get that fuckin H&S completed then dammit he was just gonna take his $2-3 trillion & go home.

btw, you should check out Darkstar's sticky on the structure of the forex market.

Retail forex is maybe 2% of the whole pie. You do not really participate - your broker does. You are just a flea in your broker's flea circus.



Next time you talk to the market, can you tell him to just get to the point already?
  • #146,405
  • Sep 25, 2009 12:30am Sep 25, 2009 12:30am
anything can happen with franky but candles say we go down, so 4590/4600ish and maybe test low again..i got a small short running from 4696 with 4715 as sl. im thinking 4709 may be resistance.
those who can, do. those who cant, talk about those who can
  • #146,406
  • Edited 12:40am Sep 25, 2009 12:30am | Edited 12:40am
Quoting Chicky
He/she is the collective power all the traders. This is what I meant and expressed.

Buffet or any individual even given that kind of money and power would be a fool to put all his money in one market at one point of time.
Retail traders comprise about 14% of this market.

If we all fired off trades in the same direction at the same time... I wonder how many pips we would move it.

It would be one hell of a group effort.
  • #146,407
  • Sep 25, 2009 12:31am Sep 25, 2009 12:31am
Quoting Chicky
He/she is the collective power all the traders. This is what I meant and expressed.

Buffet or any individual even given that kind of money and power would be a fool to put all his money in one market at one point of time.
I've thought about putting my whole account balance on one trade before. The idea is to double up or go home. And do it just once. But I've never had the courage to do it even once. Would be sweet though if you won.
  • #146,408
  • Sep 25, 2009 12:32am Sep 25, 2009 12:32am
Quoting acumen
Retail traders comprise about 14% of this market.

If we all fired off trades in the same direction at the same time... I wonder how many pips we would move it.

It would be one hell of a group effort.
i could move it with a spear..on a pipeline in africa. we could also move it hundreds of billions with less then 1k
those who can, do. those who cant, talk about those who can
  • #146,409
  • Sep 25, 2009 12:33am Sep 25, 2009 12:33am
Quoting acumen
Retail traders comprise about 14% of this market.

If we all fired off trades in the same direction at the same time... I wonder how many pips we would move it.

It would be one hell of a group effort.
it would depend on how many traders are there and on how many lots they buy/sell and on how big their lots are
  • #146,410
  • Sep 25, 2009 12:33am Sep 25, 2009 12:33am
Quoting cobraforex
Hmmm, sounds like you also played 00 - 80.

http://www.forexfactory.com/showpost...ostcount=13442
that pivot point is a magnet.

m
  • #146,411
  • Sep 25, 2009 12:34am Sep 25, 2009 12:34am
Quoting gatorinla
i could move it with a spear..on a pipeline in africa. we could also move it hundreds of billions with less then 1k
  • #146,412
  • Sep 25, 2009 12:35am Sep 25, 2009 12:35am
Quoting gatorinla
i could move it with a spear..on a pipeline in africa. we could also move it hundreds of billions with less then 1k
we could all go to Africa with a spear! And a laptop...we will all place order in same direction at same time we spear pipeline! That should be good for 100 pips, no?
  • #146,413
  • Sep 25, 2009 12:36am Sep 25, 2009 12:36am
Quoting ashlee_17
it would depend on how many traders are there and on how many lots they buy/sell and on how big their lots are
you went to harvard eh
  • #146,414
  • Sep 25, 2009 12:37am Sep 25, 2009 12:37am
Quoting acumen
Retail traders comprise about 14% of this market.

If we all fired off trades in the same direction at the same time... I wonder how many pips we would move it.

It would be one hell of a group effort.
Acumen, this is a news for me. I was not aware of this fact that retail traders are a significant part of this market.

With this kind of market share, let's form an association and have our share of power.
The Thief of Wall Street
  • #146,415
  • Sep 25, 2009 12:38am Sep 25, 2009 12:38am
Quoting ashlee_17
it would depend on how many traders are there and on how many lots they buy/sell and on how big their lots are
If we are only 14% then all of us unloading at once with everything we have.

m
  • #146,416
  • Sep 25, 2009 12:38am Sep 25, 2009 12:38am
Quoting Chicky
Acumen, this is a news for me. I was not aware of this fact that retail traders are a significant part of this market.

With this kind of market share, let's form an association and have our share of power.
this thread will be our secret meeting place where we devise our plan on which way to move the market...heheheh
  • #146,417
  • Sep 25, 2009 12:39am Sep 25, 2009 12:39am
Time to have some more retracement? looks like but risky longs,better wait it reach the top for safety . waiting for 2nd trade but will take now the 1st long today .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #146,418
  • Sep 25, 2009 12:39am Sep 25, 2009 12:39am
Quoting 2+2=4ex
you went to harvard eh
howling.
  • #146,419
  • Sep 25, 2009 12:40am Sep 25, 2009 12:40am
Quoting acumen
If we are only 14% then all of us unloading at once with everything we have.

m
okay at the count of three lets all unload everything we have with a mega sell order.
  • #146,420
  • Sep 25, 2009 12:41am Sep 25, 2009 12:41am
Quoting acumen
howling.
i kid i kid. i never finished college so i am really no one to speak. i just like having fun with my fellow forex addicted friends here.
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