Thank you for that. Now, I’m not saying the way I think is the ‘right’ way but there were a few things I didn’t agree with from my own experience and the way I see the market.
I find for me to be profitable week in week out I have to be trading with the ‘majority’. Because I want the market to move with me so I can get in and out in profit.
Its not the number of people that is important but the size everyone is trading in. If the minority of people have huge capital accounts then they can lose to the majority and supply all of the majority easily. I’m not a big fan of the way you have worded this or the mindset required for this to make sense. I dont believe beginners should think like this.
It’s not a scam. There are normal people who are profitable enough to pay their monthly bills, me included.
What is big? I sometimes trade £100 per pip with no problem getting in or out.
I dont believe trading has anything to do with being smart. You need a consistently profitable strategy that you follow day in day out with a regulated broker, suitable risk reward and risk management. Dont need to be smart/educated to do that.
I think itll be helpful for beginners to see different points of views.