Search results

As Paul says, in the last two years total M3 (inferred by private sources) has gone from $10 trillion to $14 trillion. In the same time, EURUSD has gone from $1.17 to $1.50. The correlation is near perfect.

Nothing to worry about folks. Interference in Balkan disputes is generally a harmless pursuit and good clean fun for all. Just ask the Hapsburgs.

Newsflash Alex, from a fellow Aussie. Australian women (and men for that matter) tend to be fat, loud and have no taste in clothes. Americans are the same and Brits are probably the worst of all. Statistics show that these three countries are all in the top 5 fattest nations on earth. Go to...

Wow. What a flamefest. While I'm not sure anyone is listening, here's my take: I day trade FX. I want to be flat at the end of my day. So while price usually comes back, I want it to come back in the next several hours at most. If it breaks the short-term trend that gave me my entry, I'm...

Mao knew what he was doing. If his offer had been accepted, those women would be running the country by now. Don't underestimate Chinese women. They are as tough as nails.

Short the euro all the way down baby.

Exits are one of the most dificult things in trading. I think you are saying that it may be better to have a set target, based on historical volatility within your time frame. This seems to me a good approach. It will enable you to consistently collect profits when moves turn out to be...

You run that DNA test yet? I didn't think so.

Run a DNA test on that mass of cells you are advocating killing, then tell me if it is her own body. magicdust

I'm looking for somewhere just to hang out with other traders rather than somewhere with a commercial or educational focus. I have my own approach and am not looking for a guru. Just want to pass the trading day with like-minded preferably serious and successful folks. PM responses are...

Actually, Paul has not quit or suspended his presidential campaign. He always knew at this stage that he would be facing a congressional campaign and must pay it due attention. Yes, his bid for president did not take off. But in reality it has exceeded expectations, and must be considered a...

You gotta be kidding.

Doesn't matter. I plan to make money either way.

Agree with you Jayford. It's between McCain and Romney, and I think especially if it goes to a brokered convention McCain will get it, because he has a better chance of beating Hillary. She will win anyway.

I'm not sure if you are serious or not, but on some levels this kind of makes sense. Do the Clintons and Gore have some kind of deal? Maybe he is supposed to wait until after Hillary has her turn before he has another shot. Gore will still be an electable 68 in 2016. magicdust

OK, yours were sobering words and they do give me pause. Time to look inwards, perhaps? Nevertheless, I'm still curious as to what you actually are doing, in those times when you are waiting for a set-up to form, perhaps for a period of hours, requiring vigilance but little activity (assuming...

How do you do it? I trade FX, usually from 7am to 5pm GMT (I finish early if I have a particularly good morning). In those 10 hours I usually place 1 to 4 trades. I know my setups and don't have to spend all day analysing charts. I don't need all this time to "research" or "refine my...

Liberal, conservative...who gives a shit about these labels? It's a meaningless axis that is only useful as a kind of tribal identification. Ron Paul is correct on economics. He is correct on civil liberties. He is correct on avoiding aggressive war for private interests. Who gives a fuck what...

The guy is a college student. http://www.princeofwallstreet.com/about/ magicdust

Neke, thanks for last year's thread and congratulations on your performance. I'm impressed by your risk tolerance - 10% on a single trade and 40% total drawdown is far more than I could handle. Have you always had this tolerance for risk, or is it something that you have developed through...