I think that if traders trade exact opposite way they are trading would turn the 90% losing traders into winners? ie instead of going long, short, and vice-versa.
It seem that the best way to trade would be to share real time strategies (with bad, or really bad traders) and simply do the opposite of them? Seems a great way to make money!
Or do the opposite of what you intend to do..i know it would have worked for me atleast on paper..
It seem that the best way to trade would be to share real time strategies (with bad, or really bad traders) and simply do the opposite of them? Seems a great way to make money!
Or do the opposite of what you intend to do..i know it would have worked for me atleast on paper..
Why do the vast majority of traders (don't know if it is 50%) fail in the first place? In the long run, assuming nobody knows anything and everybody is doing random guesswork, 50% should make money and 50% should lose (or the market's feedback mechanisms will bring it close) - this is before cost of trades is taken into account.
Once you take cost of trading into account (which includes bid-ask spreads), on an average a random trading strategy will lose.