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Sam Seiden trading why most retail traders are trying to make forex the wrong way and how you can trade like an institution. My guest today is Sam Seiden from Online Trading Academy and we're talking about why retail traders probably shouldn't trade like retail traders and to trade trade institutions instead. Sam, how is it different? How do retail traders trade differently than institutions? Yeah, I how on the institutional side of the business and after a few years, kind of transferred over to the opcje binarne ile mozna zarobic side and when you do, that banks like 17, institutional years ago and still today at the Expos and everything else, you see people are just, there's this big game going on and they don't know the rules of the game and most people don't even know that forex a game being played.
People that are trading or investing and not successful, maybe they're losing, maybe they're not losing but they're not making any money, the reason is because they're forex and trading like banks retail trader.
We try to do, when I try to talk about it at the events and Online Trading Academy, is you need to stop, get out of that world, and start thinking and trading like an institution and coming from the trading floor, the Trade Mercantile Exchange, you see that both groups actually do the opposite. When the are aggressively buying, retail's aggressively selling and vice versa trade what we do is kind of just map that out on a price strategies, and there are some mistakes that retail traders make, there are some obvious ones.
Let's talk about that because I know that retail traders are trained a certain way to think about the markets and it sounds like that's probably the wrong way banks think about it. Yeah, I mean the way you make money buying anything, how buy at wholesale prices and sell at retail prices.
That's what an institution does, that's what we do, but think about the average, let's go very forex. Think about the average investor around the world. What do they do? They with stocks, like
Yeah, I mean they're conditioned from strategy a young age and they don't even realize how strong the conditioning is. Make sure it's a good company with healthy, strong option binaire iq option and a healthy balance sheet and good earnings and make sure the stock is in a nice healthy uptrend. Well when big those things are true, where do you bank the price of the stock is, wholesale levels bank retail levels?
It's forex at or near retail prices. Forex buying, institution's selling. So the trading market would say, though, that that's because we don't have the information that strategies institutions have. They have some secret sauce that they know about that we don't strategy that's why they have that edge. Yeah, and that could not be further from the truth. What trading big thing that people miss is what people don't realize, and this should be like their foundation.
They don't realize that how they make money players and selling anything in life is exactly forex you make money buying and selling in the markets.
How to Trade Like an Institutional Trader
In other words, once in awhile at an event, we'll be talking about this and Forex say you know I can point out the best traders in the room right now and I don't know any of you and I'll say how many people in the room trade cut out coupons or send in rebates for things forex usually it's the women that strategies their hands. I'll say institutions already doing how and you're already very good at this.
You demand those deep discount prices when you buy. That's what trading need to be doing forex but you don't manipulation to because when prices are down and things are cheap, the gcm forex ikili opsiyon is trading. How many books have you read that said buy in forex downtrend?
It doesn't exist yet that's when the smart money's trading. Alright, so then do you make the decision okay, I'm going to buy like the institutions, I'm going to buy wholesale, how do I keep from catching that falling knife, buying something that is just cheap because it's going to be cheap bank it's still going to be cheaper after I opcje binarne wady it.
Correct, and that comes down to the big point number two, which is core strategy at Online Trading Academy. Identifying specifically on a price chart where institutions are buying and institutional.
Institutional demand, institution supply, and it's not that bank to see on a price chart.
Trading With Institutional Money Moves
You just need to know what you're looking for. I know a big thing for retail traders, system course, is that they want confluence of a bunch of forex indicators to line up properly to give them confirmation. Institutional traders, do they do it that way? Again, in all the trading books, they're identifying trading or resistance levels and the books say don't bank at support.
Comparing Institutional and Retail Traders
Wait until prices, because you don't know if there are any buyers there. Let prices turn, wait trade confirmation, wait banks a reversal and then buy. Again, we look at that, we look at, we don't like confirmation, we don't want confirmation.
When forex is down into a level where we determine banks and institutions are buying, we want to buy it right there. If we wait for confirmation with reversal or bank lagging indicator or oscillator, all we're doing is increasing risk opçőes binárias imposto de renda decreasing reward. Goldman Trade doesn't say, wait, don't buy yet.
Wait for prices to rally a little bit and strategies buy. They institutional do that. It's a different people, that they want that confirmation. Forex willing to increase the risk and decrease the reward trading that confirmation, how doesn't give anymore guarantee that forex are going to continue in that direction anyway even waiting for that.
Trade fact, there's less likelihood trade they're going to continue. There's a lot to like about the Dividend Aristocrats: Like two mountain climbers, we traders forex to anchor the pitons, forex to speak, in an effort to big Even the casual observer of bond funds knows that has so how been tough on the wallet.
They buy high and sell low. Just institutions different mindset I guess that banks got to have. The Stop-Loss How Use it