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traders unity to drive markets?

  • #1
  • First Post: May 3, 2010 8:46am May 3, 2010 8:46am
As i was sitting viewing some charts and contemplating the driving forces behind the market i had a thought. Has anybody? Or what if you could gather a large enough body of independent traders to either take/close positions at the same time or run the same EA. How many would it take to form a strong entity to move the charts and are we stronger toghether than trying to survive alone???? Maybe im just a newbee and crazy?.....Imagine ALL of the independent traders as one and the central banks trying to adjust to us!
  • #2
  • May 3, 2010 10:39am May 3, 2010 10:39am
I heard that about 8 world largest financial institutions work under one click.
The more experience the closer to the reality
  • #3
  • May 3, 2010 11:48am May 3, 2010 11:48am
Quoting nick818
As i was sitting viewing some charts and contemplating the driving forces behind the market i had a thought. Has anybody? Or what if you could gather a large enough body of independent traders to either take/close positions at the same time or run the same EA. How many would it take to form a strong entity to move the charts and are we stronger toghether than trying to survive alone???? Maybe im just a newbee and crazy?.....Imagine ALL of the independent traders as one and the central banks trying to adjust to us!

The market doesn't give a flying shit about retail traders. Your money mostly never sees the real Interbank Market when you are trading through your MT4 Bucketshop. In this case you're only trading against the Broker.
  • #4
  • May 3, 2010 5:59pm May 3, 2010 5:59pm
Quoting TJPLD
The market doesn't give a flying shit about retail traders. Your money mostly never sees the real Interbank Market when you are trading through your MT4 Bucketshop. In this case you're only trading against the Broker.
Trading against the dealer would be just the right term.
  • #5
  • May 3, 2010 6:14pm May 3, 2010 6:14pm
1. Retail traders make up a small amount of market activity.
2. I expect most other traders to be bad, so why would I want to unite with them?
3. I don't think traders are usually the "let's hold hands" type.
4. Why would I want to run the same EA as everyone else? My trading is better.
5. Why would I want others to profit? The more failed or marginal traders in the market, the more dead money there is to collect.

Traders vary significantly in skill, strategy, philosophy, markets etc. There's no way in hell you'd get any significant portion of them to agree.
  • #6
  • May 4, 2010 1:27am May 4, 2010 1:27am
Quoting Mr J
1. Retail traders make up a small amount of market activity.
Supposedly its around 2% of the total market, of which even less will actually see the market.
  • #7
  • May 4, 2010 4:55am May 4, 2010 4:55am
Quoting ToxicChili
Supposedly its around 2% of the total market, of which even less will actually see the market.
Retail trading represents about 5% of the whole Foreign Exchange market which amounts to $50-100 billion in daily trading turnover.

Very small indeed.
  • #8
  • May 4, 2010 5:29am May 4, 2010 5:29am
Quoting nick818
ALL of the independent traders as one and the central banks trying to adjust to us!
no
  • #9
  • Last Post: May 4, 2010 10:14pm May 4, 2010 10:14pm
It sounds logical that central banks do not trade randomly.
The more experience the closer to the reality
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