How farcical is this thread. Seriously.
Firstly, the market share of Deutche bank, UBS, etc is shared amongst thousands of traders.. UBS has the biggest prop desk in the world for instance.
They may effect the market to some extent 'rarely'. As market manipulation is illegal..
Central banks are the only frequent manipulators of the market and this is in order to adjust the economy, nothing else.
Now to the person who said that there is '4 trillion in daily volume, no one is going to hurt you'.... Count the currency pairs, find the stats on the volume per pair and how its traded. Remembering you are on the spot market.
Then re-evaluate how much average volume per TICK that is.
I bet you a 10 lot order no longer looks so small to you, and this mere fact would probably be the reason you are currently 'break even' at best.
Its a simple lack of education that stops traders from profiting. Or more so, the pursuit of the 'quick buck'. Or falsified information posted/provided by certain individuals who made a few demo bucks.
Fact will forever remain, if you do not find the real information and 'accept the truths' of forex. You will not make money. Your volume is valuable to someone, if it wasn't, your order wouldn't fill, plain and simple. Usually the person who finds your volume valuable has more education, more ability and bigger balls than you.
Back to the banks profits thing.
If you study the foreign exchange market from a non speculative approach, you will realise that "Foreign exchange profits" declared by a bank, are not profits on speculation, but more profits on adjustments of exposure. As well as profits from creating a spread based market to suppliers. For instance, pre sydney open on a monday, deutche bank charges 100 pips spreads on orders over 500 million and usually fill them. If the market opens higher than that, deutche bank then makes the spread as profit at no risk.
Speculative profits will only be shown in company profits, as it is internal funds.
I hope this helps.
Firstly, the market share of Deutche bank, UBS, etc is shared amongst thousands of traders.. UBS has the biggest prop desk in the world for instance.
They may effect the market to some extent 'rarely'. As market manipulation is illegal..
Central banks are the only frequent manipulators of the market and this is in order to adjust the economy, nothing else.
Now to the person who said that there is '4 trillion in daily volume, no one is going to hurt you'.... Count the currency pairs, find the stats on the volume per pair and how its traded. Remembering you are on the spot market.
Then re-evaluate how much average volume per TICK that is.
I bet you a 10 lot order no longer looks so small to you, and this mere fact would probably be the reason you are currently 'break even' at best.
Its a simple lack of education that stops traders from profiting. Or more so, the pursuit of the 'quick buck'. Or falsified information posted/provided by certain individuals who made a few demo bucks.
Fact will forever remain, if you do not find the real information and 'accept the truths' of forex. You will not make money. Your volume is valuable to someone, if it wasn't, your order wouldn't fill, plain and simple. Usually the person who finds your volume valuable has more education, more ability and bigger balls than you.
Back to the banks profits thing.
If you study the foreign exchange market from a non speculative approach, you will realise that "Foreign exchange profits" declared by a bank, are not profits on speculation, but more profits on adjustments of exposure. As well as profits from creating a spread based market to suppliers. For instance, pre sydney open on a monday, deutche bank charges 100 pips spreads on orders over 500 million and usually fill them. If the market opens higher than that, deutche bank then makes the spread as profit at no risk.
Speculative profits will only be shown in company profits, as it is internal funds.
I hope this helps.
this is public forum you can write whatever you want
