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Its always interesting to debate foreign policy. Naturally the current foreign policy of any country is informed by its historical policies and relations with other countries. It is very right that citizens in democracies can freely voice their opinions and potentially even influence their own...

I'm not clear on your point. Are you saying that if a government mostly kills just its own people, they should be viewed positively? bearing in mind we're talking about a current administration, not a historical episode.

We're just now talking about Putin's administration in Russia. Have you anything to post up on Russia?

There is no sign the EU has any racist issues with Russian people, as the indigenous Europeans and Russians are of the same race. Its also very possible that Russian technology has developed a very effective vaccine. But its very understandable that the EU do not trust Putin's government. They...

At some point you might find you have to draw a line and get out of a position. When this was posted I would have been a short-side trader on GBP/USD also but I will not open or hold short positions if price has risen through a swing high and/or closed above the 50EMA. So I could well have gone...

The only time a loss is a personal failing is when you don't follow your plan. If you followed your set-up, entry, stop, position sizing and exit rules, you have made no errors, its just that maybe in 40% of your trades the market will take the less probable direction. We're not in a personal...

A lot of the money made through trading comes from simply buying what's already going up and selling what's already going down. Of course people like to dress it up with complicated language......

Of course Chona took western money to manufacture and supply stuff. But without the CCP's policy decisions on international trade and internal infrastructure development 40 years ago, China would not be where it is today. As a guide, for 30 years from 1949 when the party came to power, China...

The Chinese Communist Party has raised China to its current economic level. I'm pretty sure that if I was head of the CCP and me and my pals had 1.4 billion slaves who could be ordered to do whatever we decided was best, we'd have a pretty rich country in the end. But is this the end?

This is true, but only in about 5% of situations. 95% of new traders who trade intra-day will disappear within a year, never to be seen again.

I agree, they are very different. But day-trading is harder. New traders cannot do it - or at least about 955 of them cannot do it. But the point is that if they become profitable trading long-term off the dailies, they would have a better chance of succeeding at day-trading, in just the same...

I always say in my posts to new traders, don't even try day-trading until you are profitable on the dailies.

I agree in theory but in practice I'm not that precise - I either get into the trend because its a trend or stay out of the trend because its not actually a trend anyway. I do pay attention to two types of TA warning signals though that might keep me out of a good trend - one is when my chart...

An approach in trend-following might be to focus on new entry opportunities as exit signals. So every time you're already long in an uptrend and price action starts to look like what would normally qualify as a buy signal for your strategy, close the existing long and set a buy order for the...

Its 30:1 in the UK on forex majors, 20:1 on the minors. It gets down to 10:1 on most commodities and 5:1 on equities. Traders can apply for an elective professional account that gets round these but you lose much regulatory protection and you have to have a half million to deposit.

If I had their jobs I would throw up as soon as the on-air lights went off.

Had a wonderful long weekend in Oporto a couple pf years back - fabulous. And all the Portuguese people we met there were so friendly and relaxed. But I wish it wasn't in Portugal.

Interesting list, thanks. Never seen emigrant statistics before. I am English and happy to go on living in the UK. We don't usually elect socialist governments.

I never short the US index values, its not worth the risk.

Keep calm and carry on trading. When prices are rising, be long. When prices are rising and your risk is falling, buy more. If prices are falling, be in cash.