If making a profit or loss is completely random, the overall loss percentage of traders should converge to 50%. But the reality is it’s 90-93% clearly pointing that it’s not random. Now you can blame self(the trader) or someone outside. I agree that at least part of the blame is on the trader. But are you saying NIFTY is not manipulated at all, no whales get insider information and what Jane street did/is doing is completely legal??
I did read some reading with Nithin’s posts,
And specifically
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He’s addressing the general overall contra trading. His position is: overall option buying results in loss and option selling in profit …taxes/ transaction costs involved … therefore profit is less, if a broker takes contra positions. He really doesn’t “specific patterns” raised in the previous post. Like, in a specific share, if I wanted to know the stops, as a broker, that’s a valuable mine of information. Even if we consider the overall contra trading, that’s provably false. Even after transaction costs of loss makers(~50%), you’d still be in profit.
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None of this matters, if you can sell the data to interested parties. You don’t need the actual orders, just the data
Again, corruption rules here, any rules can be skirted.