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    Is it true that demand and supply analysis doesn't apply to forex?

    Simply because the total supply is neither directly visible nor permanently limited does not mean that current supply and demand are powerless.
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    Your best tips for vitality?

    Good sex definitely a motivating factor.
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    Any UK based traders on here?

    Some of us like the rain......... Seriously, one common negative thing you hear from British ex-pats who've moved to Mediterranean climates or California or Australia is that they miss the four distinct seasons.
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    Is trading Gambling or not .."What say You" Vote here.

    This is so tedious.
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    The economist who helped invent the proposed wealth tax

    The US government has a massively inefficient record at tax enforcement. But likewise it has a terrible healthcare regime. There's no need to hand the country over to Socialists because of some poorly framed policies that were inevitably poorly enforced. Once they have the US, its never coming...
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    The economist who helped invent the proposed wealth tax

    Its just a self-perpetuating cycle, between wealth inequality and these rotten governments. Wealth inequality is used to stir up populist movements and rotten governments come to power as a result, which do little for the people and use despotic anti-democratic means to sustain their power. Left...
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    The economist who helped invent the proposed wealth tax

    Its a self-fulfilling prophecy that raising the political issue of wealth inequality begets social unrest. The fact that people are socially unrestful (if that's technically the right expression) doesn't make them right. So what harm does wealth inequality do to the poor? None - as long as the...
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    The economist who helped invent the proposed wealth tax

    But if I made money in some way (legally), and pay a high rate of taxes on my income per year, why would my remaining wealth ever go to the state? It was never the state's capital. Venezuela - I don't think they're in the trouble they're in because of wealth inequality. Although wealth...
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    The economist who helped invent the proposed wealth tax

    Wealth isn't obscene. But I already agreed wealthy people should pay more tax than people on very low incomes. The principles of taxation are that after payment of tax, the payer of higher is still financially better off than the payer of lower tax, regardless of time-frame. What Elizabeth...
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    The economist who helped invent the proposed wealth tax

    Any decent government should be able to enforce the laws it makes, including its own tax laws and its own employee protection laws. People who break these should face the legal penalty. People who don't break these laws should not be penalised under new made-up laws that are just easier to enforce.
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    The economist who helped invent the proposed wealth tax

    Capital is another form of property and once you've got it, as long as you got it legally, you can do with what you will. So if you want to will it to your kids, then it will be legally theirs and they should not be penalised because they didn't work for it. Income is taxed and its widely...
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    Do you have any piece of advice for a novice trader? Anything that could be helpful?

    How can anyone be a novice options trader and a novice trader? Options are a complex and expensive way for the private retail trader to access financial markets. I would suggest you should only look to be a novice options trader when you're already an expert trader. And even then, only if you...
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    The economist who helped invent the proposed wealth tax

    I'm not against the payment of taxes in order to support the infrastructure of the nation, from which everyone benefits. The other side of this coin is that every citizen should benefit from equivalent opportunities in life as afforded by the nation. But if some persons are more efficient at...
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    Starting up - advice and tax

    As you're in the UK you can spreadbet pretty much anything. Individuals' gains from spreadbetting are exempt from any tax.
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    I'm worried

    Are you able to open an account with a broker who offers negative balance protection? This is now mandatory for all UK brokers.
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    Looking for a starter training on trading

    Try Al Brooks' stuff if you're intent on day-trading. Great thoughts, though badly written down. His video clips are somewhat more accessible.
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    Can Europe Be Saved From Demographic Doom?

    And don't get me started on enclaves and exclaves.
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    Can Europe Be Saved From Demographic Doom?

    As far as the article's concerned, I'm not at all convinced this is a major issue. Its very hard to give serious credit to European politicians arguing for their respective national cultures and identities - virtually every country in Europe is a confederation of smaller nations and dukedoms and...
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    Can Europe Be Saved From Demographic Doom?

    In the UK, we pay a state pension to all persons based simply on their age, 66. Slightly sad to say I don't believe British teenagers will get this universal benefit when they're 66.
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    not fooled by random market and by technical analysis

    I agree. Although I'm currently trialling Brooks's L2/H2 entries, this is the least important aspect of his writing I have seen so far. Without boasting, all TA traders could think of half a dozen valid reasons to get into an uptrend at a certain price, or a bit higher or a bit lower. Some will...
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