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One more thing: returning to the gold standard doesn't mean that people will have to carry gold coins in their pocket. It just means that any bank note in circulation has to be backed by gold in reserves and not by thin air.

Well, it worked well for thousands of years, but we all know now is different :D .

Here we go again: http://www.mises.org/Books/mysteryofbanking.pdf

It doesn't really work quite that way. The guy who got the loan will use the money in a way, either pay for something, or deposit it with some other bank. Either way, your checks will come back to you for clearance before you get any interest payment on the money, and you will have to make good...

The guy plans to hold his positions for 20 minutes, and trade 10-15 stocks at a time. How do you monitor all of them for support/resistance? I think, from a practical point of view, a price target/stop is better, as it can easily be automated, provided that the entire strategy has positive...

Why don't you backtest using Rule1 AND Rule2 and see what the profit factor is?

The fact that banks cannot just create any amount of money is very well explained in this excellent book: http://www.mises.org/Books/mysteryofbanking.pdf A free banking environment, in which banks can issue money at will, will be, as counterintuitive as it seems, a very healthy one. But...

That is my point too, that banks cannot just like that multiply the reserve by 10, but they do create money out of nothing and earn a RISK FREE profit on it, and then do it all over again. Tell me of another legal business that can do that.

Actually a bank cannot create 10 times the money in reserve in one shot, and that is because they have to make good for the promise of paying back to whomever presents the check they issued back to them. The guy who gets the credit actually uses that bank note - a check - to pay someone else...

Actually there aren't that many countries that have an independant central bank. It all started with England, moved to USA, and, after the war, transplanted into Germany and Japan. Not a lot of people know that the current Federal Reserve is the third american central bank, and that the other...

Actually banks don't lend you money, but Federal Reserve notes, which people came to think of as money, and it is fine to charge interest on collateralized Federal Reserve notes - let's call them money, but not on money created out of thin air. Anybody can do that - it's risk free profits. Just...

You are right, most of the time is impossible to reverse a losing strategy and make it a winning one, and that is because most of the time the strategies are not symetrical. In a simple case, like you enter the trade on a break, and have a 1% stop and a 1% profit, it might work, but I doubt you...

I had this problem with limit orders not beeing executed in the account, but filled in strategy, and you do get a lot of warnings. My question is, if there are systems that automatically get back in synch, how do they do it?

You got it all wrong with the housing bubble. It's not Joe Sixpack that is whining and crying, it's the banks that loaned money to him. They all knew, Joe and the banks, that it will end up in foreclosure, but Joe just didn't care, and the banks just hoped to pass the hot potato to someone else...

The strategy itself is well known, but what is more important is the stock selection, the money management, and beeing consistent in applying it.

Try this: Basic strategy: morning breakout 1. Use a 5 min bar chart 2. Ignore first 10 minutes 3. At 10:00 mark the high and low of the last 4 bars 4. Buy on stop at high + 0.05, sell short on stop at low - 0.05 5. One entry per day, in one direction, whichever comes first 6...

I think the confusion about this problem is that some people look at the probability at the moment after the host has opened a door with a goat. At that particular time, the chance of picking the door with the car is 1/2, and swithing or not doesn't improve player's chances. But, if you analyze...

There is a small but important condition to make the solution in the 3 cup case stand: we assume that the dealer knows where the coin is and he always removes the cup that doesn't contain the coin. If the dealer doesn't know or doesn't care, then switching doesn't improve your chances, but it...

Restarting it solved the problem, for now, but it really sucks.

This is bad. The worst I've seen so far. I guess another backbone problem, out of their control :D