Confused about stop hunting | Page 4 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Stop Hunting 274 replies

Stop Hunting 11 replies

Stop Hunting? 18 replies

Stop Hunting and Demos 1 reply

damn oanda stop hunting my account 1 reply

Confused about stop hunting

  • #61
  • Sep 23, 2011 10:00pm Sep 23, 2011 10:00pm
Quoting Darkstar
Say what you will, but I personally have moved the market in excess of 2 pips all by my lonesom. If you choose to believe the horseshit about a $4t market, then by all means you are welcome to think what you want of my comments. However, the market cares not for your opinions and neither will anyone else...

Luck be with you.
REALLY !!!! WOW... would you care to share the circumstances with which you "moved the market"? According to some Bloomberg article it took the BoJ around $29m per pip to "MOVE THE MARKET"

All by your lonesome 'ey? You're just an f*ing miracle at work. With all due respect, you've LOST all my respect.
  • #62
  • Sep 23, 2011 10:09pm Sep 23, 2011 10:09pm
Quoting egadsforex
According to some Bloomberg article it took the BoJ around $29m per pip to "MOVE THE MARKET"
Your broker moves their market 2 pips (or more) all the time and it doesn't cost them a penny.

Think about that one for a while.

regards,
  • #63
  • Sep 23, 2011 10:20pm Sep 23, 2011 10:20pm
Quoting egadsforex
REALLY !!!! WOW... would you care to share the circumstances with which you "moved the market"? According to some Bloomberg article it took the BoJ around $29m per pip to "MOVE THE MARKET"

All by your lonesome 'ey? You're just an f*ing miracle at work. With all due respect, you've LOST all my respect.
I'll grant you the market was dead, but yes, I threw on a $2m position and price spiked 2 pips. I thought it was odd that in a dead market price would move at the exact instant I placed my order, so I closed it... price fell back 2 pips. At that point I became so enamored with myself for moving the market, I opened and closed it half a dozen more time (at a cost of like $800) with the same effect.

The more important question you should be asking yourself is way WOULDN'T you be able to move prices? Is there some magic law of market mechanics that says unless you trade with $X size, prices will not move?

The fact is, if there is $10k on the bid and you sell $20k, your going to move price.

From your posts I'm gathering that you dispute this fact. If you are, I would LOVE to hear how you think markets operate because I could certainly use a good laugh. If your not then you implicitly agree that a six figure account CAN move the market.
  • #64
  • Sep 23, 2011 10:22pm Sep 23, 2011 10:22pm
Quoting wallet
Your broker moves their market 2 pips (or more) all the time and it doesn't cost them a penny.

Think about that one for a while.

regards,
That's just absurd. Spread is not "moving the market". You're out.
  • #65
  • Sep 23, 2011 10:26pm Sep 23, 2011 10:26pm
Quoting egadsforex
That's just absurd. Spread is not "moving the market". You're out.
It's obvious you do not understand the mechanics of the market you trade, I'm not talking about spreads....... do you truly believe there has to be an order for your broker to move his candle?

The search for liquidity swallows everything around it when needed.
  • #66
  • Sep 23, 2011 10:28pm Sep 23, 2011 10:28pm
Quoting egadsforex
That's just absurd. Spread is not "moving the market". You're out.
What? The market price is defined by the midpoint between the bid and ask. If you consume the bid (or ask) and it shifts to the next price point, the average shifts and by definition you have moved the market price.

But you haven't answered the question... are you disputing market mechanics as I described them or are you admitting that a six figure account CAN move markets?
  • #67
  • Sep 23, 2011 10:34pm Sep 23, 2011 10:34pm
people move stock prices easily enough, yet, once you start talking currencies suddenly no one can make any dent on limits. it's like currencies are MAGICAL that only banks are allowed to manipulate. you are either a bank, or you are not.... and if you are not, then you can't do anything... unless you have magical powers, right?

every noob is so focused on their $10 penny account trying to figure out which way is long that they don't have a fucking clue about anything.
Congratulations ScalaFX for coming out of the closet!
  • #68
  • Sep 23, 2011 11:03pm Sep 23, 2011 11:03pm
Quoting egadsforex
So where EXACTLY is YOUR logic. Your comeback is to say that I'm ignorant (which you misspelled btw).

What is YOUR case? And what do you mean "can't admit that I'm wrong"? If anyone would care to research the facts I've made my point for "logic". It seems that it is you who is is being illogical and I would infer that you have failed to answer the questions that I have previously presented to you. Have you no answer other than to try and intimidate?
Is that a strawman? Your quickly running out of logical fallacies...

To answer your question, back in post #64:

Quote
The more important question you should be asking yourself is way WOULDN'T you be able to move prices? Is there some magic law of market mechanics that says unless you trade with $X size, prices will not move?

The fact is, if there is $10k on the bid and you sell $20k, your going to move price.

From your posts I'm gathering that you dispute this fact. If you are, I would LOVE to hear how you think markets operate because I could certainly use a good laugh. If your not then you implicitly agree that a six figure account CAN move the market.

You have provided no logic or expliantion for why the $20k trade would not move market prices. We are still waiting for an answer.
  • #69
  • Sep 23, 2011 11:18pm Sep 23, 2011 11:18pm
Quoting Darkstar


You have provided no logic or expliantion for why the $20k trade would not move market prices. We are still waiting for an answer.
That logic was posted long ago. I wish you would do your research. Basically, it said that it cost the BoJ around $29m per pip to intervene in the market.

Regardless of whether it is a $3 trillion or $4 trillion per day marketplace, you're wasting your time trying to get reasonable people to believe that you're the "market master". Sure, if you have a couple m you might have a very slight effect at very special times.

You're original post stated that "ANYONE WITH A SIX FIGURE ACCOUNT CAN MOVE THE MARKET"

Now what's up with a mil???
  • #70
  • Sep 23, 2011 11:21pm Sep 23, 2011 11:21pm
Quoting egadsforex
That logic was posted long ago. I wish you would do your research. Basically, it said that it cost the BoJ around $29m per pip to intervene in the market.

Regardless of whether it is a $3 trillion or $4 trillion per day marketplace, you're wasting your time trying to get reasonable people to believe that you're the "market master". Sure, if you have a couple m you might have a very slight effect at very special times.

You're original post stated that "ANYONE WITH A SIX FIGURE ACCOUNT CAN MOVE THE MARKET"

Now what's up with a mil???
A six figure account at 50:1 leverage can trade a $5m position. I moved the market with a $2m position. Regardless, you still haven't answered the very simple question posed:

If there is $10k on the bid and you sell $20k, are you, or are you not, going to move price?

Its pretty simple.. you answer yes, or no.
  • #71
  • Sep 23, 2011 11:21pm Sep 23, 2011 11:21pm
DS I wouldnt bother with this guy

You are obviously correct, anyone with half of a brain who has at least given 10 seconds of thought to market microstructure and what "price" actually is can figure out why price moves.

Hell I was trading the USD/RUB the other day and entered a 50 k order and the price jumped 5 pips due to lack of liquidity in that pair..

You know what they say " Never argue with an idiot. They will bring you down to their level and beat you to death with experience."

Not saying our friend here is an idiot... just a bit close minded and stubborn.... some traits that will make his journey as a trader very difficult IMO






  • #72
  • Sep 23, 2011 11:23pm Sep 23, 2011 11:23pm
Quoting Darkstar
Its pretty simple.. you answer yes, or no.
NO !!
  • #73
  • Sep 23, 2011 11:35pm Sep 23, 2011 11:35pm
Quoting egadsforex
NO !!
Fascinating.. so what would happen of you sold $20k with only $10k on the bid??
  • #74
  • Sep 23, 2011 11:40pm Sep 23, 2011 11:40pm
Quoting Wulfgar
DS I wouldnt bother with this guy

You are obviously correct, anyone with half of a brain who has at least given 10 seconds of thought to market microstructure and what "price" actually is can figure out why price moves.

Hell I was trading the USD/RUB the other day and entered a 50 k order and the price jumped 5 pips due to lack of liquidity in that pair..

You know what they say " Never argue with an idiot. They will bring you down to their level and beat you to death with experience."

Not saying our friend here is an idiot... just a...
I hear you brother and you are 100% correct. I know he'll never admit that he is wrong; and thus I'll never "win". However, after three tall glasses of very expensive scotch I find it amusing to watch him twisting in the wind...
  • #75
  • Sep 23, 2011 11:53pm Sep 23, 2011 11:53pm
Quoting Darkstar
I hear you brother and you are 100% correct. I know he'll never admit that he is wrong; and thus I'll never "win". However, after three tall glasses of very expensive scotch I find it amusing to watch him twisting in the wind...
See? you still think you're so clever. And yet you admit defeat "and thus I'll never "win"

You can post all the little smiley's ya'ount to
You can say you find it amusing. But it's plain to see that your real goal is to keep your following. Without your following you are nothing.

I am here. I don't need a following. I have nothing to sell. You think you are going to ridicule me into until I let you have what you need (which is superiority).

This time you're wrong Mr. Dark Star


and I think you're beginning to realize it.
  • #76
  • Sep 23, 2011 11:56pm Sep 23, 2011 11:56pm
Quoting egadsforex
See? you still think you're so clever. And yet you admit defeat "and thus I'll never "win"

You can post all the little smiley's ya'ount to
You can say you find it amusing. But it's plain to see that your real goal is to keep your following. Without your following you are nothing.

I am here. I don't need a following. I have nothing to sell. You think you are going to ridicule me into until I let you have what you need (which is superiority).

This time you're wrong Mr. Dark Star


and I think you're beginning to realize it....
More ad hominim... still no answers. I have to admit thats its starting to bore me. You really should make at least a half assed attempt to support your assertions before I give up on you...
  • #77
  • Sep 24, 2011 12:08am Sep 24, 2011 12:08am
Quoting egadsforex
See? you still think you're so clever. And yet you admit defeat "and thus I'll never "win"

You can post all the little smiley's ya'ount to
You can say you find it amusing. But it's plain to see that your real goal is to keep your following. Without your following you are nothing.

I am here. I don't need a following. I have nothing to sell. You think you are going to ridicule me into until I let you have what you need (which is superiority).

This time you're wrong Mr. Dark Star


and I think you're beginning to realize...

hey if you envy Darkstar so much then write your own damn book, any idiot can publish one, right?

if im trying to sell 2 apples but there is an offer for 1 only, if i Really want to sell them i need to lower the price and find a bidder right? simple supply and demand.

if you are selling 30,000 on the bid of 10,000, what happens? the broker will say sorry can only match orders for 33.333....% percent? or would he take your sell and match it to the next possible price level in search for liquidity?


i am no follower of darkstar nor i intend to waste money on a book. But the guy asked you a question you have been avoiding, yet you answered NO.

explained what happens to the rest of the order?
AVT INVENIAM VIAM AVT FACIAM
  • #78
  • Sep 24, 2011 12:56am Sep 24, 2011 12:56am
Quoting Good Fortune
Dude no one is trying to silence you, insult you, but you came out and insulted him...
THAT is exactly my point. HOW could anyone conceivably think about questioning authority ????

I'm glad that someone had the good sense to bring that to light. Or does everyone just blindly follow because they believe the "leader" is right?

It seems (to me) that most of you fail to get it. WHY do you follow? You have a hero and you will never believe that your hero could do wrong ??

You see, I'm not arguing against DS. If someone fervently believes in god there is no use in trying to say otherwise.

I personally think DS is very intelligent but I also think his "persona" is a bit larger than life. If you (or him) want to attack me for that, that's fine.

Any questions that I've presented has, at some point' been backed by substantial fact.

DS on the other hand has resorted to "too much scotch" as a rebuttal. Not that great for an "intelligent man". Would a jury buy that ? Yeah, probably.

Maybe that's whats wrong.
  • #79
  • Sep 24, 2011 1:09am Sep 24, 2011 1:09am
Quoting egadsforex
THAT is exactly my point. HOW could anyone conceivably think about questioning authority ????

I'm glad that someone had the good sense to bring that to light. Or does everyone just blindly follow because they believe the "leader" is right?

It seems (to me) that most of you fail to get it. WHY do you follow? You have a hero and you will never believe that your hero could do wrong ??

You see, I'm not arguing against DS. If someone fervently believes in god there is no use in trying to say otherwise.

I personally think DS is very...
Not speaking for DS, but I think you are off base man. Markets, business, commerce and the real world do not always work in neat statistics that one can just whip out. The best traders will have differenet approaches and strategies and will not agree. Most will at least respect each other.

He provided an answer and explanation... Doesn't mean anyone needs to accept it or not. Everyone is free to choose... I don't think anyone has a problem with challenging anything here. There is an aspect to this game though imo that makes trading unique. Everyone finds their own way. Some very different from others. Some of us find another trader who thinks along similar lines but has been at the game for much longer. We are very happy to hear what he will pass on...

No one is attacking you - yet. lol But, from trading markets, being in business - you just get a sense for some that have the right stuff.

It's up to you to find that...
Do your time and enjoy the ride...
  • #80
  • Sep 24, 2011 1:36am Sep 24, 2011 1:36am
Quoting Good Fortune
Not speaking for DS, but I think you are off base man. Markets, business, commerce and the real world do not always work in neat statistics that one can just whip out. The best traders will have differenet approaches and strategies and will not agree. Most will at least respect each other.

He provided an answer and explanation... Doesn't mean anyone needs to accept it or not. Everyone is free to choose... I don't think anyone has a problem with challenging anything here. There is an aspect to this game though imo that makes trading unique....
It seems (to me) that people read the part of a post that they want to read and block out the rest. Maybe that's true with me as well.

"Markets, business, commerce and the real world do not always work in neat statistics that one can just whip out."
If you think that you need to tell me that then I have been lacking in getting my point across.

I've been in various business's since the early '80's. So what? What's here today is gone tomorrow.

"The best traders will have differenet approaches and strategies and will not agree." And where did I ever say otherwise? Why would you argue about something that I never even disputed? So I don't even understand what it is that you're saying I'm "off base" about.

I'm sure Dark Star will enlighten me (anticipated response).

The reality here is that we are all so far apart that we could never reach an understanding.

Given the facts (all Scotch aside) that's cool with me.
1 trader viewing now