TA or something you don't know about. - page 20

 
C-4:

So to summarise, we can say that the market is the result of the actions of all its participants, and this result is almost always zero, hence there are no opportunities to make money, because zero is a state of uncertainty, and you cannot make money on uncertainty.

Yep, and aircraft heavier than air also used to be said not to exist. Widen your social circle, there are real people who have been earning their living by trading exclusively for a long time, I know several.

What you write in several posts is called speculative trading, which does not affect the real exchange rate, but, imho, the modern world has got carried away with banking - now it affects the real exchange rate and the real economy, maybe I am wrong, but only the media notice that the ruble exchange rate has changed by +0.2 kopecks today and by -0.7 kopecks yesterday, so I think that for the same eurozone the euro rate of 1.42 or 1.43 does not bother anyone - including the government

 
C-4:

So, to summarise, the market is the result of the actions of all its participants, and this result is almost always zero, hence there is no opportunity to make money, because zero is a state of uncertainty, and you cannot make money on uncertainty.

But you can lose more than the spread/commission costs, can you? :)
 
C-4:


...

So to summarise, the market is the result of the actions of all its participants, and this result is almost always zero, hence there is no opportunity to make money, because zero is a state of uncertainty, and you cannot make money on uncertainty.

Again, a contradiction. If the result of action of all participants is zero, then there will be no movement of the quoter - it freezes in place.

That is not the reason why there are no (almost no) opportunities to make money. It would be possible to earn even if the quotes were completely random. But one big BUT is in the way - it's a spread, a weight pulling MO profits towards negative values.

ZZZI. That's why tick analysis for ultra-short positions is pointless - the MO is negative. That's probably not what this thread is about, though.

 
C-4:


So, to summarise, the market is the result of the actions of all its participants, and this result is almost always zero, hence there is no opportunity to make money, because zero is a state of uncertainty, and you cannot make money on uncertainty.

The result for an outside observer has not changed and =0).
 
sergeyas:
Yes - some are in profit and others are in loss.The sum of their money is the same.The result to an outside observer is the same and ==0).
Most people are not in profit. Most do not profit. Most just changed money.
 
paukas:
Most people don't profit. Most aren't at a loss. Most just changed money.

No one is arguing that.

If you think like C-4, then why is everyone here at all?

The Buridan donkey starved to death, remember?

 
sergeyas:

No one is arguing that.

If you think like C-4, then why are we even here?

And to talk?
 
joo:

Again, a contradiction. If the result of all participants is zero, there will be no movement of the quoter - it will freeze in place.

ZS. There are no opportunities to make money (almost none) not for that reason. It would be possible to earn even if the quotes were completely random. But one big BUT is hindering - it is spread, the load, pulling the profit MO towards negative values.

ZZZI. That's why tick analysis for ultra-short positions is meaningless - MO is negative. Although that's probably not what this thread is about.


Interesting, interesting, I would like to know more about how one can extract positive MO into one's pocket from a market's zero MO?

Again the contradiction. If the result of all participants is zero, then there will be no movement of the quote - it will stand still.

The statement seems reasonable at first sight, and to understand why it is incorrect, we need to understand that the quotes movement is determined by the urgency of one of the groups of participants. If you look attentively at the snapshot of quotes - the glass, it suddenly turns out that the current price does not really exist!

If someone gets cold feet and wants to sell right now, the new price will be 187,715, because no one is willing to buy at a higher price. That way the sellers will lose one tick to the bears. On the contrary, if any buyer cannot resist, because of fear of further price increase, he will make a deal at 187 730, and the buyers will lose 1 tick to the bears. As you can see from this example, prices are driven either by fear of missing an opportunity or by urgency of action (e.g. buy right now at the best offer price).

So every moment there is a battle between buyers and sellers, and whichever group is more fearless and tougher will be able to hold prices in their favour.

In low liquidity markets, such as lumber, you can watch the Last price ticker stop for hours, although the stock market spread is moving with enviable frequency. That is, there are regular reshuffles in the bull and bear camps, but both clans do not want to give up their positions and no actual trades occur. In the highly liquid markets there are so many participants that there is always someone slack and the price Last in both directions all the time.

 
paukas:
And talk?

If it's about the zero-sum prospect of talking about earning opportunities - maybe politics-sports-babes would be better).

 
sergeyas:

If it's about zero prospect of talking about earning opportunities - maybe politics-sports-babes would be better).



Look. the euro went up by say 100 pips and tomorrow it went down by 100. It hasn't changed shit, but from zero

and we gained 200 pips.

Reason: