What do you absolutely know about the Market? | Page 7 | Forex Factory

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What do you absolutely know about the Market?

  • #121
  • Apr 27, 2016 8:49am Apr 27, 2016 8:49am
Impatient lose in forex
  • #122
  • Jun 30, 2016 8:30am Jun 30, 2016 8:30am
Forex is a financial market which is biggest market in the world. I think the most important thing to do the Forex is the right trading knowledge & experience about the market movement.
  • #123
  • Jun 30, 2016 11:47am Jun 30, 2016 11:47am
What do you absolutely know about the Market?

That the market will move at least 1000 pips away from here (if not more) in the next 12 months.
  • #124
  • Jun 30, 2016 12:01pm Jun 30, 2016 12:01pm
Forex is that thing that destroyed hope and expactation of million of people. Only the strongest survives. There is no place for impatience.
  • #125
  • Jul 7, 2016 11:41am Jul 7, 2016 11:41am
It will always be up or down, forever, as CrucialPoint said many times. That is the only certainty about any market.
  • #126
  • Jul 8, 2016 8:07pm Jul 8, 2016 8:07pm
Markets are designed to get you into positions and the volume or order flow that you see isn't always simply just buying and selling.
Never said I was Batman,all I'm saying is you'll never see us together.
  • #127
  • Jul 8, 2016 8:08pm Jul 8, 2016 8:08pm
Quoting BaskurtAi
Forex is that thing that destroyed hope and expactation of million of people. Only the strongest survives. There is no place for impatience.
Only the ones willing to educate themselves on how markets really work tend to survive.
Never said I was Batman,all I'm saying is you'll never see us together.
  • #128
  • Jul 8, 2016 9:02pm Jul 8, 2016 9:02pm
This thread was brought back to life from 2011 I am amazed

Here are some facts and ramblings that helped define my trading methods:

The Markets are not random, they have a heavy tail distribution. Knowing this one can begin developing trading methods that using "actual" probabilities, instead of assumptions.

Time is a component used by Traders to observe price movements over an X axis. However traders only make money based off of the movement of price not time. (credit goes to Crucial Point for this one)

There is almost always a weekend Gap.
If historical analysis is used to speculate without having that weekend Gap data... is the analysis still viable? Is historical analysis ever viable? If someone where to delete wednesday's Data and force a Trader to observe Data from the prior day would this prevent trading successfully?
A Positive Mind, and Positive Spirit lead to True Happiness
  • #129
  • Jul 9, 2016 5:23am Jul 9, 2016 5:23am
I know that the market is driven by the big financial institutions and the rest of us smalltime traders shouldn't go against the flow.
  • #130
  • Jul 9, 2016 3:34pm Jul 9, 2016 3:34pm
Quoting headfake
{quote} Only the ones willing to educate themselves on how markets really work tend to survive.
that's roght. And this self education can last many years. Even choosing a good broker is the thing that need experience. Developing skills, dedicating to trading can bring expected result. I am now on the stage when I just try to survive)
  • #131
  • Jul 9, 2016 5:22pm Jul 9, 2016 5:22pm
Quoting BaskurtAi
{quote} that's roght. And this self education can last many years. Even choosing a good broker is the thing that need experience. Developing skills, dedicating to trading can bring expected result. I am now on the stage when I just try to survive)
Correct and the breaking of ego and the re-mapping of the brain can last many years as well as the removal of the self destructive aspects of human nature that relate to trading profitably consistently. Yes work is required to develop the skills and find out what works through observing and live practice and then what you've learned has to be applied through the opening of positions. The quality of your decision making and your ability to act on what you've learned will highlighted by your results. Once a trader realizes that they are in fact struggling and that they aren't the top trader who's just around the corner going to be a full time pro that they thought they were then the real process of becoming a trader can start. Sounds like your on your way good luck..
Never said I was Batman,all I'm saying is you'll never see us together.
  • #132
  • Jul 9, 2016 5:29pm Jul 9, 2016 5:29pm
Quoting mlawson71
I know that the market is driven by the big financial institutions and the rest of us smalltime traders shouldn't go against the flow.
correct you are in fact participating with people who understand order flow that most on here don't even believe is possible.
Never said I was Batman,all I'm saying is you'll never see us together.
  • #133
  • Jul 9, 2016 5:40pm Jul 9, 2016 5:40pm
That it is inefficient
  • #134
  • Jul 9, 2016 7:32pm Jul 9, 2016 7:32pm
it is not buyer that move the market up ...

only price discovery
The High Frequency Trader with 10years experience
  • #135
  • Jul 10, 2016 6:48am Jul 10, 2016 6:48am
"What do you absolutely know about the Market?"
Is a stop hunting game.
"You may say I am a dreamer .... but I am not the only one."
  • #136
  • Jul 10, 2016 10:00am Jul 10, 2016 10:00am
Quoting headfake
{quote} Correct and the breaking of ego and the re-mapping of the brain can last many years as well as the removal of the self destructive aspects of human nature that relate to trading profitably consistently. Yes work is required to develop the skills and find out what works through observing and live practice and then what you've learned has to be applied through the opening of positions. The quality of your decision making and your ability to act on what you've learned will highlighted by your results. Once a trader realizes that they are in...
I agree with every your word. Thanks for your wishes)
  • #137
  • Jul 10, 2016 10:04am Jul 10, 2016 10:04am
Quoting mlawson71
I know that the market is driven by the big financial institutions and the rest of us smalltime traders shouldn't go against the flow.
That's true. We just should catch the right moment and to know how to use the opportunity. It's just a bussiness and we are small participaters.
  • #138
  • Jul 10, 2016 11:02am Jul 10, 2016 11:02am
There is no way to predict market. The market is random. Its impossible to earn on market.
  • #139
  • Jul 10, 2016 9:41pm Jul 10, 2016 9:41pm
Quoting Kubiasty
There is no way to predict market. The market is random. Its impossible to earn on market.

Market is not random but inefficient ..

Market efficient is prices fully reflect all available information..
The High Frequency Trader with 10years experience
  • #140
  • Jul 11, 2016 3:58am Jul 11, 2016 3:58am
Quoting BaskurtAi
{quote} That's true. We just should catch the right moment and to know how to use the opportunity. It's just a bussiness and we are small participaters.
I agree. It sounds very frustrating because one has no control whatsoever, but it is how it is and we'd best learn to adapt.
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