Jop If you'll permit me to offer up something to ponder (think through) Sir The event you describe above can be viewed in two completely different (and discrete) lights 1.) Reliable liquidity 2.) Wind in the sails They want to service their customers - whether their customer's accounts gain or lose (ever heard of people's 401 K's being wiped out in a mkt downturn) Just a little food for thought Sir RN
A total of 276 users have posted on this thread. How do I know this number? Because I was curious. I bet only a handful really get it (nowhere near the 27). For anyone struggling to figure out the Obvious, don't give up. Persistence pays. You never know, you might even deduce the real secret (the "holy grail"). For those who say this thread is total BS and a waste of time, it's no more of a waste of time than trading and not making any money, or worse still losing money. Don't be average (a loser). Be different.
I have worked out what "the obvious" is, and it is so obvious it is no wonder most can not see it. In relation to your recent post regarding the "holy grail", well, that is like the old wives tales and fables, or, we can even mention religion if we want to go that far!!!! Those who fail to think for themselves and believe what others say to be true, are doing themselves a great injustice. What comes to mind, and I can really never work out how people can be so so stupid and silly, are those who decide to follow these so called "cult" leaders, or whatever name you want to put on them - really, if any person I knew was silly enough to take this path, I would catch the person and shake then so hard their brain would rattle, and then, maybe the stupid stuff that was caught up inside might get loose and fall out. Trading is very similar. Look at all the "experts" we have out there, who know everything about how to trade "correctly" so that YOU can make money, of course I am laughing to myself, and I can barely stop!!! The main problem with most who try is that they are not willing, some not able of course, to put in the hard work that is required to learn what is needed to be learned, or, put another way, will not commit to do what is required to acquire the required experience. Trading is easy money, right, that is why so many are attracted - a fools game
The 90% figure is a joke. Maybe 1 in 100 know what they are doing. Probably only a lesser few really get it. Is the "holy grail" any more unbelievable than millions of traders around the world betting on squiggly lines?
Who cares TO, if someone wants to throw money away then let them at it - once it is not my money I have no problem with what they do What is the real purpose behind the "financial markets" - is it for the better of society as a whole, or maybe, just maybe, for some other reason
Here's the problem with this thread: those who already know the obvious, without knowing they actually know some "special" obvious, aren't going to be able to immediately recognize why said obvious isn't obvious to others. As such it just goes round and round.
I've been working my way through the thread and there are a lot of references to 90% and 10%. Is this just a coincidence?