My point is not the worth of Mr. X but the psychology of Mr. X which can may lead us to profit. And Mr. X will definitely take a new position next day and will continue to do so.
You are attempting to take me that all long position and all short postions ends in profit. if that would be the case all of us would have the net worth of Mr. Buffet. Right ?
Jaydee
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I did not mean to sound insulting in my post. I was just asking the question because I don't entirely understand how you intend to take an opposite position of a day trader, especially since there will be day traders with opposite positions to each other as well.
Could you shed some light by suggesting a practical example?
Or do you mean the squeezing and flipping methods that have been suggested above. If so, then you need deep pockets, big balls and a superhuman understanding of the order book.
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andanotherthing
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.....ok so for example since 7.00 am this morning the bund future has traded 497,000 lots. if mr x is in the market for whatever size he is not on his lonesome. The open interest in the contract is 1,227,144 lots as at close last night, all that open interest may cause you a slight problem and get between you and mr.x...