(binned per thread starter’s request) Can the market behave | Forex Factory

Options

Permalinks
Print Thread

Similar Threads

Will price movement/nature behave the same in the future? 4 replies

Trading 24 hours per day, 5 days per week 14 replies

(binned per thread starter’s request) Can the market behave

  • #1
  • First Post: Nov 5, 2016 8:05am Nov 5, 2016 8:05am
Hello,

Before becoming successful one toils hard, experiments with systems and walks the hard path to trading success.

I am curious, once you reach a sizeable order quantity (I understand order quantity is relative term, you can argue no matter the size of the retailer it's like a drop in the ocean), but does the market adapt to the trading system, something similar to the Sentinels in the Matrix movie that are sent out to sniff and hunt the good guys-in this case retailers.

If so, at what point vis a vis the order size or capital size is the behavior apparent? If any real examples of your experiences is a bonus.

Simply put, does one lose the edge with regards to the increase in order quantity?

Have a nice weekend.

Thanks
  • #2
  • Nov 6, 2016 3:19am Nov 6, 2016 3:19am
Quoting aaven
Hello, Before becoming successful one toils hard, experiments with systems and walks the hard path to trading success. I am curious, once you reach a sizeable order quantity (I understand order quantity is relative term, you can argue no matter the size of the retailer it's like a drop in the ocean), but does the market adapt to the trading system, something similar to the Sentinels in the Matrix movie that are sent out to sniff and hunt the good guys-in this case retailers. If so, at what point vis a vis the order size or capital size is the behavior apparent? If any real examples of your experiences is a bonus. Simply put, does one lose the edge with regards to the increase in order quantity? Have a nice weekend. Thanks
The most simple answer I could give is - appropriate order size for the particular strategy is also part of the edge. So there will be no edge if the size is ruining the edge
  • #3
  • Nov 6, 2016 4:22am Nov 6, 2016 4:22am
Quoting aaven
Hello, Before becoming successful one toils hard, experiments with systems and walks the hard path to trading success. I am curious, once you reach a sizeable order quantity (I understand order quantity is relative term, you can argue no matter the size of the retailer it's like a drop in the ocean), but does the market adapt to the trading system, something similar to the Sentinels in the Matrix movie that are sent out to sniff and hunt the good guys-in this case retailers. If so, at what point vis a vis the order size or capital size is the behavior...
At some point 1 of 2 things can happen. They buy you or they kill you (maybe not even literally !!!) Who are "they" I dont know, ask Hitlar

Soros is one example.


https://m.youtube.com/watch?v=82oSu6gIvms
Time hides Nothing
  • #4
  • Nov 6, 2016 11:46am Nov 6, 2016 11:46am
Quoting aaven
Hello, Before becoming successful one toils hard, experiments with systems and walks the hard path to trading success. I am curious, once you reach a sizeable order quantity (I understand order quantity is relative term, you can argue no matter the size of the retailer it's like a drop in the ocean), but does the market adapt to the trading system, something similar to the Sentinels in the Matrix movie that are sent out to sniff and hunt the good guys-in this case retailers. If so, at what point vis a vis the order size or capital size is the behavior...
If you can reach a "sizeable order quantity" and have been doing so for a long time, it means that you have become the hunter and not the prey.
In regards to the increase in order quantity, surely you would move to Futures and leave tiny forex far behind.
  • #5
  • Nov 6, 2016 11:58am Nov 6, 2016 11:58am
Quoting Mingary
{quote} If you can reach a "sizeable order quantity" and have been doing so for a long time, it means that you have become the hunter and not the prey. In regards to the increase in order quantity, surely you would move to Futures and leave tiny forex far behind.
Thanks Mingray for the inputs. Appreciate it.

One doubt though: What is the significance of moving to futures instead of spot?
  • #6
  • Edited 1:11am Nov 7, 2016 12:55am | Edited 1:11am
Quoting aaven
{quote} Thanks Mingray for the inputs. Appreciate it. One doubt though: What is the significance of moving to futures instead of spot?

Forex is just good enough for practicing and learning hands on with small amounts of real money.
Futures = more liquidity, cheaper transaction cost, customer funds are protected.
  • #7
  • Edited 1:43am Nov 7, 2016 1:32am | Edited 1:43am
Post 1 on this thread will help you understand how banks and market makers trade. It is not like we do. In the video you can see how many lots are sitting in the bid/ask and determine how many you think you can send.

http://www.forexfactory.com/showthread.php?t=545132

Since you are a retail trader I assume? then you probably have a lot size limit per order. Open Market Watch / right click on a currency pair / click on Specification / look for Maximal Volume and you will see how many lots you can enter at once per account. Of course, you can enter multiple times or have multiple accounts to increase the number.

You will also see your lot size. For me, it reads 100,000. So if I were to trade $5M, like in the video, I would have to submit 50 lots. As of this moment, with 50:1 leverage, it would only take $110,550 to place an order for $5M EURUSD.

Your broker probably groups the trades of its traders and then submits a volume order to the market. One of those numbers you see flashing will include your trade from your broker. Hope this helps.
You cannot be extraordinary by being normal
  • #8
  • Nov 7, 2016 3:30am Nov 7, 2016 3:30am
Quoting Mingary
{quote} Forex is just good enough for practicing and learning hands on with small amounts of real money. Futures = more liquidity, cheaper transaction cost, customer funds are protected.
Mingary,

Thanks for the explanation and taking the time.

One clarification, when you say futures do you mean forex futures? or Futures based on Indices or stock futures?
  • #9
  • Nov 7, 2016 3:32am Nov 7, 2016 3:32am
Quoting dkrock
Post 1 on this thread will help you understand how banks and market makers trade. It is not like we do. In the video you can see how many lots are sitting in the bid/ask and determine how many you think you can send. http://www.forexfactory.com/showthread.php?t=545132 Since you are a retail trader I assume? then you probably have a lot size limit per order. Open Market Watch / right click on a currency pair / click on Specification / look for Maximal Volume and you will see how many lots you can enter at once per account. Of course, you...
Much appreciated DKrock. Will chek it out.
  • #10
  • Nov 7, 2016 3:44am Nov 7, 2016 3:44am
Quoting aaven
Hello, Before becoming successful one toils hard, experiments with systems and walks the hard path to trading success. I am curious, once you reach a sizeable order quantity (I understand order quantity is relative term, you can argue no matter the size of the retailer it's like a drop in the ocean), but does the market adapt to the trading system, something similar to the Sentinels in the Matrix movie that are sent out to sniff and hunt the good guys-in this case retailers. If so, at what point vis a vis the order size or capital size is the behavior...
A friend of mine has placed 20 lot trades on a 300k balance which is around a 6 million dollar trade with out any slippage problem. Unless you intend to put on trades over 20 million I dont really think there would be a problem. It will also depend on your broker and their liquidity. If the broker has low liquidity they may have to wait for a re-quote from banks and possibly hedge against your position.
20 Pips a day keeps centerlink away
  • #11
  • Nov 7, 2016 4:01am Nov 7, 2016 4:01am
Quoting Mingary
{quote} If you can reach a "sizeable order quantity" and have been doing so for a long time, it means that you have become the hunter and not the prey. In regards to the increase in order quantity, surely you would move to Futures and leave tiny forex far behind.
what is the size of the futures market?
  • #12
  • Last Post: Nov 7, 2016 7:04am Nov 7, 2016 7:04am
Quoting Don96
{quote} what is the size of the futures market?
Much, much larger than retail forex ...
On a good day retail forex is about the size of the soybean market.
0 traders viewing now