This is a pure imaginary scenario I was wondering !
if all the traders were top class who understands
crowd psychology, risk/money management, highly intuitive traders etc etc.
and the field is level playing i.e everyone has access to all modern technology for algo or highfrequency trading...
every trader knows what other traders know about strategies and tactics.
now what will happen !?
what will happen to bubbles?
how will the chart patterns will look like !?
will the terms like 'resistance' and 'support' mean anything in that case?
just wondering guys, for the sake intellectual curiosity
if all the traders were top class who understands
crowd psychology, risk/money management, highly intuitive traders etc etc.
and the field is level playing i.e everyone has access to all modern technology for algo or highfrequency trading...
every trader knows what other traders know about strategies and tactics.
now what will happen !?
what will happen to bubbles?
how will the chart patterns will look like !?
will the terms like 'resistance' and 'support' mean anything in that case?
just wondering guys, for the sake intellectual curiosity