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    Market normality

    This is very true, but the low tally isn't a surprise, this number oscillates from very highs to very lows over a couple of months. What is interesting is that when such low levels have printed in the past, the reaction the next 1-3 weeks is dramatic. I hope.......
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    college is a waste of money

    I'm in the UK. Started at 5. We had the option of an extra 2 years at 16 if you had good exam results. You could do the 2 years at your own school or at a college but entrance to college or university in order to undergo higher education to degree level was only possible from 18.
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    Market normality

    Something I have occasionally looked at in the past. We have to conclude that a price above a medium or long-term EMA has been rising. We can assume that it will now be more likely to rise than to fall. Conversely for prices below the same EMA. You could take this as a measure of "normality"...
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    college is a waste of money

    All of the content of my education was irrelevant to working in a job. I couldn't object to this as until I finished school at 18 I had no idea what jobs I would / would not wish to go for. So naturally school was boring. But later I thought this was actually part of the training for working in...
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    How Do Forcasters Never Get It Wrong? Call a 40% Chance

    As a gentleman I couldn't possibly say.
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    is astrology in trading any good?

    My astrologer knew you were going to ask this.
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    How Do Forcasters Never Get It Wrong? Call a 40% Chance

    Had to happen mate. Had to move on.
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    How Do Forcasters Never Get It Wrong? Call a 40% Chance

    I once tried to forecast what my then girlfriend would say when I put 3 questions to her. The first one was fairly significant - I'm moving to a new place in this nearby town, do you want to move out of your parents' house and move in with me? The second was not so significant but she still...
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    Markets only trend............

    Yes, thank you, this is just my point. I am making money from trend-following and people constantly tell me that I can't make money from trend-following because markets only trend 20% of the time. And they don't even know my time-frame or what markets I'm trading. Making money has not stopped...
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    Markets only trend............

    We've all heard it, usually preceded by "Yes, but....." - "Yes, but markets only trend 20% of the time". Googling how much of the time markets are said to trend gets the following ranges of percentages - 100 (yes, some people believe this!) 50 40 33 30 25 20 15 to 20 15 12 10-20 They can't...
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    Need to go through the whole market!!

    No, I agree, expectations are a red herring. The beginner cannot know the performance of any given strategy in their hands so financial expectations, especially like the ludicrous $200 per day earnings targets often seen posted by nearly-traders on forums, are a handicap. I do mean limiting...
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    Need to go through the whole market!!

    The first thing to do when starting a new project is not to start learning. Step one is scoping - What do I want to achieve? What things do I need to understand in order to get there? Then, learn those things and trial them.
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    is there an actual market for CFDs or are CFD firms just bucket shops?

    Seems right and seems reaonable southall. If I'm spending 10 quid with some business I'd expect to walk in and walk out job done no questions asked. But if I want them to order in £100k's worth of some stuff for me, I think every business would want to go into a little more detail to protect...
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    is there an actual market for CFDs or are CFD firms just bucket shops?

    I'm really surprised. Never seen one of these. Of course, the next step the disgruntled trader would likely take would be to apply to open an account at one of IG's competitors, and its hard to see that as a giving IG a business advantage or marks for reputation. I just wonder if they weren't...
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    is there an actual market for CFDs or are CFD firms just bucket shops?

    No, I've never heard of a profitable long-term trader being stopped from spreadbetting. Of course, the profitable trader pays spreads and over-night charges on increasingly larger positions, so they're a profitable revenue stream for the firm and they certainly haven't been forced to migrate to...
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    How do you determine rut in the markets are over?

    You can't know what price will do but you have to know what you want to do. If you set out what are your objectives, the possible courses of action towards each will be clearer.
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    New to trading - Got a bunch of books. Scared to learn outdated things.

    Some aspects of market behaviour don't change. Prices go up and down and trend and range and go through congestion just like they always have. At least, that is, on a daily chart. e.g. I am looking at the Dow daily for the year 1900, and Gold for 1920 and I can promise you, they look just like...
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    is there an actual market for CFDs or are CFD firms just bucket shops?

    If you're in the UK where you can trade CFD's why not consider spreadbetting? It can have lower costs than CFD's and its tax-free. MUST be FCA-regulated and have client funds segregation and deposit protection scheme membership. Also, if you day-trade via CFD's or SB, you are just asking these...
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    Why are there flash crashes in the stock market but no flash rallies?

    I agree with your definition, but the OP has a more relaxed interpretation by inclusion of the 1987 event, which I agree was not a flash crash. So he's not just talking about intra-day events and neither were other posters.
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