Good point, I never really thought of it that way!

Why are most retail traders usually on the wrong side of the market?

Absolutely!

Do Investment Bankers make a lot of money compared to traders

LOL

Do Investment Bankers make a lot of money compared to traders

Holy crap, it's the Grail!

Why are most retail traders usually on the wrong side of the market?

I wish I understood what you just said!

Why are most retail traders usually on the wrong side of the market?

Probably because they see a big move up and are reluctant to buy in case the trend is about to end and they're buying at the top. So in their wisdom they fade the move (sell) thinking that price must be pretty near to reversing, or at worst retrace. ...

Why are most retail traders usually on the wrong side of the market?

You too, it's all good clean fun, thought-provoking even!

Why are most retail traders usually on the wrong side of the market?

Correct, they're an FX market Analyst. Incorrect, all FX analysts analyse FX, not necessarily the FX market let alone the markets generally. Seriously, are you really this bored? Well I'm not so I'll bid you g'day! And 'anal', it's not an insult ...

Why are most retail traders usually on the wrong side of the market?

Conversely there are analysts and currency strategists interviewed on financial news channels who are consistently right, Hans Guenter Redeker to mention just one. I don't see the relevance though, retail traders (the majority here) do their own ...

Why are most retail traders usually on the wrong side of the market?

I thought we were talking about retail traders, I doubt many employ the services of their own personal analyst, it's very much a DIY job! Analyse the market, place the trade, manage risk, make the coffee.......reliable hired help is hard to find!

Why are most retail traders usually on the wrong side of the market?

To be perfectly honest I don't believe you know what you're talking about! lol, it's got boring now, back to the thread topic.....

Why are most retail traders usually on the wrong side of the market?

Well that's some analysts then, not all analysts! Being an analyst and being a trader aren't mutually exclusive, most traders do both, obviously.

Why are most retail traders usually on the wrong side of the market?

Not if he risked 6 figures to make it or he loses 6 figures the following month, that's the difference!

Why are most retail traders usually on the wrong side of the market?

Huh? We're all analysing something. Technicals, fundamentals, PA blah blah blah, it's all analysis.

Why are most retail traders usually on the wrong side of the market?

But it doesn't automatically follow that you'll make money, I'm sure there are some excellent analysts who frequently get direction right but still lose their shirt, just as there are some useless analysts who frequently get direction wrong but they ...

Why are most retail traders usually on the wrong side of the market?

Probably just pocket change for those guys! I wonder what strategies they use....brute force and ignorance?

Why are most retail traders usually on the wrong side of the market?

Don't let the technicians hear you say that, you'll need more than a flameproof suit!

Why are most retail traders usually on the wrong side of the market?

Didn't him and Gates lose a bundle betting on the dollar after that, or was it against the Yen, can't remember but they lost a packet of some friggin thing!

Why are most retail traders usually on the wrong side of the market?

George Soros, and I believe he has. You seem to agree that your statement "...you just have to always be on the RIGHT side of the market!!!" is meaningless. I think novices to trading (as opposed to novice traders) simply don't understand the ...

Why are most retail traders usually on the wrong side of the market?

lol, well good luck with that anyway! ....as per sig, 'right' or 'wrong' isn't necessarily the most important thing!

Why are most retail traders usually on the wrong side of the market?