EVERY NEWBIES ARE TRADING WITH SOME SIMPLE CONCEPT
BY SEEING TOTAL BUYERS AND SELLERS .
I HAVE SEEN MANY NEWBIES IN BROKING FIRM.THIS IS TOTALY WRONG THING.IF THE BUYERS ARE HIGH ,IMMEDIATELY THEY WILL BUY THE CRUDE (BECAUSE
BY SEEING TOTAL BUYERS AND SELLERS .
I HAVE SEEN MANY NEWBIES IN BROKING FIRM.THIS IS TOTALY WRONG THING.IF THE BUYERS ARE HIGH ,IMMEDIATELY THEY WILL BUY THE CRUDE (BECAUSE
SHORT COVERING ORDER IS ALSO SHOWN IN THE BUYERS LIST.THEN HOW DO YOU
DECIDED TO GO LONG?)
IF THE SELLERS ARE HIGH ,IMMEDIATLY THEY WILL SELL THE CRUDE (BECAUSE
PROFIT BOOKING ORDER IS ALSO SHOWN IN THE SELLERS LIST,THEN HOW DO YOU
DECIDE TO GO SHORT?)BUT THERE IS NO USE OF WATCHING THE TOTAL NUMBERS OF BUYERS
AND SELLERS QUANTITY.
PROFIT BOOKING ORDER IS ALSO SHOWN IN THE SELLERS LIST,THEN HOW DO YOU
DECIDE TO GO SHORT?)BUT THERE IS NO USE OF WATCHING THE TOTAL NUMBERS OF BUYERS
AND SELLERS QUANTITY.
SO,IF YOU ARE WATCHING THE TOTAL NUMBER OF BUYERS AND SELLERS.AND
DECIDE TO TRADE ON THAT BASIS, YOU CANNOT ALWAYS WIN IN THE TRADING.
SO LEAVE IT WATCHING THIS.THIS IS MY KIND ADVICE FOR NEWBIES…….