Recent content by First Point LLC

a.k.a A Hidden Tax.

When I first caught wind of this the Cyprus ordeal, the first thing I thought to myself was "I wouldn't put it past our own government to adopt similar tactics."

Is this the part where I'm supposed to engage in a battle of words with you? I respect no man who comes at another man in a condescending tone over what they perceive to be a mistaken point of view without trying to at least point that person in the right direction. In other words, your words...

I began to feel sort of the same way because I've been on a losing streak lately, but I refuse to believe that there's no way to make a living off of trading. I was brought into the game by someone who made his first million as a trader at the age of 21. So I know its possible. Watching Paul...

What is there to get? Two groups of people debating because neither can predict the market with any degree of accuracy.

More like trying to see why there's some sort of a feud between the two sides. Nice try, but pull your pseudo-smart guy routine with someone else.

Looks like a setup for a cool uptrend. It would make sense since gold has been dropping. Eventually people are gonna buy the dips.

I've been browsing this forum and I've run into the technical vs. fundamental debate way more times than I care to. But in all seriousness, why is this even a debate? Why not employ BOTH? IMO, both work well when used for their intended purpose. Speaking of which, in these debates, I usually...

I'm calling a decline but I don't know if it'll be as catastrophic as some would have you believe.

I'm cool with these algorithmic systems since they do provide some liquidity to the markets. However, I wouldn't wanna get caught up when they cause a flash crash.

Just found the Kahn Academy after I type my last post. They teach those things free. Gonna check that out.

That's the thing, I'm not really strong in math. I can calculate percentages, quotients and factors almost instantaneously but it doesn't really go any further than that. I do want to strengthen my math skills though.

I know some of you are probably thinking...."Wtf? Is this guy serious?" I am... Currently, I trade using a simple method of studying price action and tape reading which serves its purpose pretty well. But I keep hearing about statistics, which has gotten me curious enough to start studying...