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So so sad, but so so true. Look at this one in the UK - http://www.bbc.co.uk/news/business-15919515 The professionals have milked this one for all it's worth, it's taken years. But now the money is running out, ie not much left for them to skim, the professionals are ready to settle...

$1460 - $1500 is an important level, that's where the parabolic move started from. Long term bulls if they have any brains should be loving this weakness as it will offer chances to add to their holdings. However, most of them are idiots, they follow the market day to day and are very...

Gold could also get people short and stop the early longs out below $1612 and then look to challange the $1800 level. Not saying it's going to happen but we must factor in the duality if/when $1612 is broken.

Guess they're not as important and influential as they love to keep reminding us with their gushing adverts (advertising CNBC).

The MF Global debable isn't going to help them either. The Chicago exchanges lost a lot of trust over that. Thrust as we all know can takes years to build up and a day to come crumbling down...

The trouble is that if most marketers in this business tell the truth they woulnd't be telling their potential customers what they want to hear. I made 19% last year! If you understand trading and investment, numbers like that are very good. But if you're new then that number is a joke...

I think you're gushing too much. If he's made that cash (and it's always a big when the media talk about traders, remember they're selling stories, not always facts) then he's good, very good but up against many others in this business he's a in the lower Leagues.

Greece was highly relevant towards the US, so is Spain. Not in the short term, ie now but Greece moves to Spain which leads to Portugal which leads to Italy (or the other way around) just like a set of dominos. Then it's not Greece, Spain or Portugal it's EUROPE and that leads to the US...

Guys, here's a really quick and easy way to weed the (tiny amount) of wheat from the (massive amount) of chaff when it comes to trading strategies, courses, books, seminars, chatrooms etc etc. If they don't go for a minimum of 3:1 risk reward (risk 1 to make 3) then they're not worth...

All excellent points there Shopster. I especially like Point 1 - hard work and dedication, and for most measured in years...

The boys will go after the peg, it's too juicy not to. Both sides know their strengths and weaknesses. The boys have more money if they master their troops and plan correctly and that will probably be the deciding factor. What will be interesting is how many times the level is tested before...

Far too optimistic I think. The whole mess will blow sky high by 2016 and personally I'm going for 2014. We're 4 years into this mess and there's no sign of any proper recovery (1%ers excluded). It's a debt problem and those never go away, they only increase if no proper action is...

Just a matter of time before all countries start to raid the private pension funds - they all have no choice. Remember, a back door raid can be in the form of forcing PENSIONS to hold x% of assets in government bonds. That will probably be sold as a patriotic move :)

Sadly it looks the whole of the US is going to become one big debtors prison for some. There's some law trying to get passed now which has a provision that states if you owe the IRS money your passport can be cancelled. The Land of the Free (but please read the ever growing smallprint)!

No Government can complain about high oil prices when they tax it so much. Tax I think is around 60%-70% per litre over most of Europe.

Sorry to dent your hopes but you're - a) wasting your money with the course you';re about to take - you've been taken in by a marketing organisation (trading just happens to be the product they're selling) b) Trading doesn't pump out regular profits like a regular job, and c) The amount...

Riply, one way to sort chaff out from the wheat within the investment world is the chaf, that's you by the way, always talks about 'returns' and 'making big money' etc, they never talk about 'risk' because to them that's usually an after thought. The wheat however normally always drone on...

Askyourself this question. How can I make lots of money by being a lawyer? Answer, invest lots of time, money and effort into my education, probably a minimum of 3-5 years. How can you make lots of money via FX trading? Invest lots of time, money and effort into my education...

Agree, it can be profitable. But for every successful scalper (with a minimum of 5 years of good profitability behind them) there are probably 999 that have broke even at best and lost at worst. Good luck for those that try it but easier money to be made by position trading, a lot less hassle...

For many many retail traders if they rely on the speed of their orders hitting the exchange they probably don't have much of a strategy, or at least one that will last overtime. Think about it, ALL of your profits should logically come from buying low and selling high (and vice-versa) and...