Behavior of currency pair price following the posting of a trade.
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Hello Blueberry customer support. I have a couple of questions regarding the behavior of currency pair prices following the posting of a buy or sell trade.
1. Following the posting of a currency pair buy or sell trade, nine times out of ten, the price of the pair starts consolidating before hitting my take profit or it reverses in the direction away from my take profit level. How can this happen when supposedly there are thousands or millions of buyers and sellers trading the same currency in a random market?
2. Regardless of the mix of buy and sell trades that I post, the net profit always drifts toward showing an increasing net loss. If the market operates by a truly random process, how can this happen?
3. Considering the above characteristics of the market, it seems to me that the market is rigged against the average trader. Unless there is something that I am not seeing here, I will have to terminate my pursuit of currency trading.
Regards,
William Beverly
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