Yuchel's Trade Fit Fitness Gym | The 6th Secret of Large Accounts, We Will Teach It
Yuchel-san Profile
He is active on YouTube as a "Muscle Trader." He is highly regarded for technical analysis of EURUSD, and his channel subscribers are rapidly increasing. The catchphrase is "Trading is more physical than mental!"
Twitter:https://twitter.com/EURUSDsenmon
※This article is a reprint/re-edit of FX攻略.com October 2020 issue. Please note that the market information stated in the main text may differ from the current market.
Knowing the movements of the big players is the best way for traders to survive
This time it's a story about the major investors who move the charts. Beginners in FX tend to have very little understanding of the big players. Yuchel was the same during his beginner days.
Of course, no matter how hard a individual trader with limited capital tries to place orders, the chart won't budge.
The ones who create trends are always the "big players." Even if 10,000 individual traders band together to trade in the same direction, one big institution trading in the opposite direction could force all individual traders to cut losses.
Incidentally, some people misunderstand trading as a vote-by-population, but the essence is not "numbers of people" but "order volume."
Big players operating with enormous funds cannot be beaten even by individuals banding together. Therefore, the only way for individual traders to survive is inevitably to "ride the big order waves."
If we go this far, readers might shout, "Yuchel, tell us the big players’ positions!" But naturally, Yuchel is just another individual trader. He does not possess special information that everyone else cannot know.
But if you could know the big players' order status, trading could become advantageous. In fact, anyone can check the big players' order status!