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  1. maxinger

    Is OIL SERIOUSLY undervalued right now??

    How long will world's oil reserves last? 53 years, says BP The world has 53.3 years left to find an alternative to oil before current proved reserves run dry, according to BP. Of course, nations are finding new oil – meaning that number is rising – but new extraction methods are costly and can...
  2. maxinger

    Letter to the Finance Minister of India.

    Look at India Nifty Chart. Despite the banking issue or whatever, Big boys & big investors are investing confidently in India. India index futures has been rising for the past 1.5 decades and there is zero sign of bearishness. Next country letter please.
  3. maxinger

    Is OIL SERIOUSLY undervalued right now??

    It might get even more under valued. but then few decades later, price might exceed $90 because humans have already used more than half of the oil that is underground/undersea. Few centuries later, there will be none left and oil price will be zero.
  4. maxinger

    Can a retail trader succeed in algorithmic trading? (Kevin Davey vs Ernest Chan)

    Yes you can provided you are smarter than other algorithmic traders & heavy scalpers and market makers.
  5. maxinger

    The Best Trading Proverbs

    It is easy to predict people behaviour but difficult to predict market direction.
  6. maxinger

    The S&P 500 topped at 3017.8

    it is very important not to analyse why fed must / must not cut rates now or later. It wouldn't help us earn $$$. Just focus on the charts.
  7. maxinger

    Day & Night trading Derivatives Futures

    31 oct Asian session simsci month end / roll over effect. Sometimes, people behaviour could be rather predictable.
  8. maxinger

    Forex trading restrictions

    I doubt OP can trade it. anyway OP can confirm it. restriction is placed by the resident country and IB has to comply with it. OP has to use the resident broker to trade yen. various countries have various restrictions due to whatever reasons.
  9. maxinger

    Bitcoin Price Thread

    I rarely traded it. The last time I traded it was months ago. BTC is one of the worst futures to day trade. its volume is pathetic and day range rather small. There are many other more tradeable futures to day trade.
  10. maxinger

    The secret of daytrading

    there is no secret. you need to have passion. you need to be very hard working. if you think day trading requires very very very simple basic skill like toilet cleaning / dish washing / street cleaning / shit cleaning, then day trading is absolutely not for you.
  11. maxinger

    Forex trading restrictions

    not sure about your case it is know different country has different restrictions and IB has to comply with it.
  12. maxinger

    A message to some day traders.

    strange .... Why people think Day trading is very easy? Why do they think they just need a black box which will tell you when to buy or sell and just click click click and tons of $$$ will fall from the sky? And why do they think these professions are very difficult ? heart surgeon banker...
  13. maxinger

    What's one of your main desires?

    To travel around the Universe.
  14. maxinger

    How to setup Twitter to stream the latest currency and economic news

    I stopped doing such thing decades ago. most news are slow inaccurate misleading confusing ... and are not meant for day traders. anyway all the best.
  15. maxinger

    Bitcoin Price Thread

  16. maxinger

    Big Money Poll: Bears Rise to a Two-Decade-Plus High

    nice info. I am glad we traders don't have to worry, comprehend or predict all those things.
  17. maxinger

    Get funded LMI

    not sure where is your entry point. I guess you shorted crude oil on 28 Oct when US market just opened. That was a good trade. lately US session has been rather trendy; index futures, gold, oil, & perhaps bonds were moving. In fact, on 28 Oct, best session to trade was US session and worst...
  18. maxinger

    The threat to Singapore from the Asian Market.

    fortunately ( and unfortunately for day traders) MSCI singapore index SIMSCI will continue to be range bound till the chart says otherwise. It might behave like Nikkei where movement is very limited no matter how good / bad the market is
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