My Latest Thoughts On The Oil Market Amidst The Incredible Jawboning On The Iran Conflict

What is that "entire market" you are talking about? You think the price moves on supply and demand? If that's what you think, then you're wrong. Market is manipulated to the very last pip which can be proven. If it was supply and demand, then anyone who has even a basic TA skills would make money, but it's not. So, that "whole market" you're talking about doesn't exist. In the background is finely tuned algorithm that runs the markets to deliver the most losses possible for retail, which is why there are so many people that lose money and only few that understand how the market really works. To understand what is going on you need something that can track the algorithm and its behaviour. Can I prove it? Of course not. Noone would trade if they knew this was the case. People believe it's a bad luck when they lose, but they don't understand what they're really dealing with... something that wants you to lose. You constantly need to be in a minority to keep winning, and sometimes that minority will have a loss here and there, because minority also needs to lose from time to time. It is extremely difficult to beat the system, especially if you don't know what to look for or where to look at. People with more experience know already that news come out at critical points in the market and the so-called news just happen to be right on time. Having a good streak of trades is one thing, being consistent for a long period of time, beating the system long-term is something only a few percent of people can do. This is something that only a few percent of people are capable of... like some other job that requires something only a few percent of people are able to do.