haha then also there is no guaranty that your trades are not being looked in to. Actually there are two scenarios in this case:
1. you are putting market/ limit orders in real time to take trades
2. you are using SL orders to take trades.
case-1 : You took a trade using market order, now the big guy will take trade in your direction with bigger position size. this will help your order and market may gain momentum in your direction
case-2 : You have used SL order to open in a trade, the big guy knows that where is your entry and from your available history he must be knowing your SL. So what he will try to do first trigger your trade by taking trade ahead of you. So he may hit your SL after triigerring your trade (So your SL will be his target) or will continue in your direction trade which will increase slippages to your account.
As you are saying you are successful then i assume its not "your SL = Big guy's target" scenario so don't mind that you are being followed.
PS: Around 2011-12 i was trading with a local broker in MCX (5000 Rs a month brokerage with unlimited trading) the moment i used to enter in to trade his ODIN advisory message used to come in my direction of trade,
that used to be a big mover in my favour
1. you are putting market/ limit orders in real time to take trades
2. you are using SL orders to take trades.
case-1 : You took a trade using market order, now the big guy will take trade in your direction with bigger position size. this will help your order and market may gain momentum in your direction
case-2 : You have used SL order to open in a trade, the big guy knows that where is your entry and from your available history he must be knowing your SL. So what he will try to do first trigger your trade by taking trade ahead of you. So he may hit your SL after triigerring your trade (So your SL will be his target) or will continue in your direction trade which will increase slippages to your account.
As you are saying you are successful then i assume its not "your SL = Big guy's target" scenario so don't mind that you are being followed.
PS: Around 2011-12 i was trading with a local broker in MCX (5000 Rs a month brokerage with unlimited trading) the moment i used to enter in to trade his ODIN advisory message used to come in my direction of trade,
that used to be a big mover in my favour
Your message reminds me of one funny incident :
Around 1994-1995, I used to buy physical shares from a very experienced sub-broker ( who also happened to be a ration dealer ) near my office. Some senior investor I knew referred me to him. Those days, I used to buy shares of companies whose NAMES I used to like, without caring to know any other info about them. Incidentally, my first few purchases turned out to be profitable ones in a short time. And I kept on buying from him. Then briefly I was transferred out of my city and my share trading activities were paused. After couple of months, he walked into my office looking for me. On being told, I no longer sit in that office, he left disappointed.
Much later I found out from the person who referred me to him, that he thought I was privy to some 'solid tips' ( as my first few trades were profitable ), he was also buying the same counters in huge quantities. I just laughed my heart out... And I kept on buying from him after I was back in my city using my own 'methods'....
And this continued till one day I bought "DSQ Software"......
Don't know what happened to him after that ... :lol:
