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You kept misunderstanding my posts. I am done here.

https://www.forexlive.com/orders/!/global-currency-trading-volumes-surge-to-highest-ever-level-20190916 Global currency trading volumes surge to highest-ever level Trading in the foreign exchange market has hit $6.6 trillion per day, according to the latest survey from the Bank of...

If you have edge, all other traders are stupid in your eyes. You don't see them as stupid because you have no edge.

This oil spike is messing up my calls. Not only my euro call is messed up, I was very close to calling a bottom on 10 years T-note. Now 10 years note is up big on oil spike today, interrupting its nature bottoming process. Now I don't know whether its bottom process is completed. Now I can only...

EUR/USD slides lower in rising oil. https://www.forexlive.com/technical-analysis/!/eurusd-slides-lower-in-rising-oil-20190916 Europe imports most of its oil and rising oil on a supply shock is another negative for the already-struggling region. That's weighing on the euro as it falls 50 pips...

I was responding to your argument"they can trade with probability with 30 % if they have a risk reward of minimum 1:2.".

Vote is not a good option. A better option is to have a trading contest.

they can trade with probability with 30 % if they have a risk reward of minimum 1:2. How much volume those traders account for? 1/100000? Also I can argue some of them take your opposite side, and some of them take your side. So the net effect is negligible。

I agree. Compare results are more meaningful and doable.

Of course risk is related to the portion of capital. If risk is only related to opportunity, then the one risking $1000 and the one risking $100000(assuming they both have 100000 capital and take the same opportunity) are taking same amount of risk.

No, taking risk is not that you put more money so you take more risk. It is the portion of your total capital you put at risk that counts. A pro have 10 million capital and he risk 1 million. A retail has 100 K and he risk 50 K. The pro risk significant more money ,but has taken significant...

Yes.

"Is that because there are more retail traders?" No, although there are more retail traders, but pro traders have advantage in accessing better and faster information and better trading equipment, that will more than offset it. It is because pro traders are not allowed to take big risk, and...

The worst retail traders are a lot worse than the worst pro traders. The best retail traders are a lot better than the best pro traders.

Money management is not the most important thing in trading. Edge is. Money management is only the second.

WHO IS TAKING THE OTHER SIDE OF THE TRANSACTION? The ones who have worse judgement than you.

Warren Buffet didn't think he take huge risk. He believe he hold something that have higher value than public realize. Higher reward doesn't need to come with higher risk. If you find something that no other people find, then you can get high reward on low risk.

One who only risk 1% on trades, because his edge is too small. Most traders agree that risk 1% is correct because most traders' edge is too small, if they do have.

LOL. Need to give up arguing with those who have no basic logic.

Those who know nothing about day trading hurry to come out to make conclusion on daytrading.I used to daytrade 4 instruments at same time. Now I daytrade 2 and at same time read novels.How much daytrading makes?None of you guys dare to dream.