Essay The World's Best Traders

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Position is everything. And there happened to be quite a few traders who think they have Position. There are about ten thousand of those. Then there are those who know that they have Position – round about fifty. The top fifty or so have very little to distinguish them from one another; the top seven knows the trading patterns of every one of the fifty. Then there is the reason the top seven is the top seven – they have bigger money behind them than anyone else. And who is the Winner? Well, let us leave that right there.

Japan trades in a certain way. Their traders are usually easy to spot, since they trade like a mountain. That is, their pattern induced in the market place looks like a mountain, and that is also their style. Even
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Position is everything. And there happened to be quite a few traders who think they have Position. There are about ten thousand of those. Then there are those who know that they have Position – round about fifty. The top fifty or so have very little to distinguish them from one another; the top seven knows the trading patterns of every one of the fifty. Then there is the reason the top seven is the top seven – they have bigger money behind them than anyone else. And who is the Winner? Well, let us leave that right there.

Japan trades in a certain way. Their traders are usually easy to spot, since they trade like a mountain. That is, their pattern induced in the market place looks like a mountain, and that is also their style. Even if they invert the mountain then one can still find the mountain – for a big up and down movement with some peaks and valleys in-between looks like a mountain, inverted or no. These mountains remind of the island Okinawa, and of Fuji mountain, an active volcano.

The first day, they hit me bloody. I lost money. Japan trades funny, in some ways. They do not always immediately trade for position, sometimes they wait days before they do something. Why? Their reasoning: make sure of profits. Remember, they do not only trade currencies and stocks, they also have physical goods that are shipped; cars, toasters, electronics, and so on. No-one knows exactly when the goods are moved – that depends on how somebody high up feels. This

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