I’d like to know whether the daily volume of for ex, which is about 3 trillions$, applies to the retail traders or not?
I mean, when I look at the volume of different brokers, its really low. Some even say about a million in usdcad. This is why I wanna know whether I should be worried that the volume that has to appliy to me is not a very high one, cuz I don’t wanna crows a market with let’s say 200k bucks in one single pair, even a major one.
So yeah, just wondering if the huge volume, the trillions per day, will always sink my trades so that I won’t have to worry about influencing the trend of a pair…
Its actually closer to $5 Trillion and your question in a public forum makes very little sense. You will never influence the trend with your order so stop worrying about it and focus on trading if that is what you indeed want to do.
I would say the chances of your order influencing the forex market would be rather small. The Aite Group has estimated to be about $380 billion a day. This would make retail traders about 10% of the forex market if compared to 2010 BIS report, though the total is thought to be now closer to $5 trillion per day as mentioned by TheLastBear. We should be due to an update to the official BIS statistic on overall forex market volume since it is a triennial statistic and the last release was in 2010.
The really nearer to $5 Trillion along with your question inside a general public discussion board creates not much perception. You won’t ever influence the actual craze along with your buy thus end having to worry over it in addition to focus on dealing in the event that which is everything you indeed can do.
