yes , its all the traders in broking firms closing out there...

yes , its all the traders in broking firms closing out there postions for the day. they do all the time its apart of there contractual agreement that they close every postion out everyday whether they are in a profit or a loss.i used to have a mate who worked in a firm and thats what he was telling me he had to do every day, he was telling me he racked up to a $40 000 loss for a week at one stage. he didnt last there much longer after that and i can see why.