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i would agree and disagree to this. colonialism did them squat of good, may be taught them english and the rest was sucking up the economy and riches of ancient India. it's like thief saying by stealing from you i taught you how to steal. however, the best and the brightest of that...

India was doing very fine till the 1100 AD when Islamics started to attack and plunder. By 1500 India was nearly an Islamic sultanate. By 1600 British started usurping country part by part and by 1850s whole country was a British colony. While British did not plunder and burn cities they kind...

Indians are corrupt but not for 3000 years, I would say for 300 years since the poverty set in due to foreign rules etc. This moral corrupt nature also results in Indian businessmen 'slavishly' exploiting the employees. Hire for 8 hours a day and work up for 10 is just a norm. All the...

Backtest is no match for real time observation of a system. Also remember that markets tend to change constantly and a system has to adapt to the changes or go out of business.

Commie Capitalism is full of nothing but corruption. Till the time US and EU buys the low quality hard labor low pay Chinese goods, there will be billionaires propping up in China every month or so. As soon as US and EU find robotic technologies to cancel out the slave labor used in China...

It takes a nearly psychopathic mind to overcome fears in trading. Follow certain time tested rules like 'cut your losses short, let your profits run'. I used to freeze when a trade went into a loss and before you know the loss becomes much big. Stops help in staying alive in the...

All answers to North Korean questions go through Beijing. NK is working on China's orders. :D

In the first two hours, NK artillery can be seriously troublesome on Seoul. But after several sorties of USAF, the NK artillery should quieten down. Let's give them two days at most to rain down whatever they have before getting blown up from the air bombing. It would be suicidal for NK...

Vietnam war was fought by US with one hand tied behind the back. Also, the technologies available those days required too much ground interaction between opposing soldiers. There were no bulletproof items available to help the soldiers dodging getting killed or seriously wounded in those...

Playing options is a fast road to bankruptcy. Who says technical analysis does not work? Sept/2012 I would have shorted AAPL at 667 and rode it all the way down to $525. Go figure! :D ps: mods, glad ET switched back to old format. the new one was little strange and crowded type. :)

Well Said !! Also, learn how to lock into the right sector or macro trends example: Gold and Oil since 2000s. Sector rotation while riding the economic cycles is the way to go. But it can be difficult as even the Ivy league Portfolio managers cannot do it well. Btw, I feel that markets...

different strokes for different folks :D

The only people who should worry about his exact net worth are the creditors and in Trump's case there are a lots of them. This guy plays leverage on the high gear so creditors are something he dreams about alot. :D

Every one, rich or top 1%, middle class and even poor should chip in more towards facing off the debt crisis. HOWEVER! this only at a condition that politicians do also play by the ethics and not squander away the extra revenues. Rich can pay more because they can well afford to and not...

Is that why the totally fundamental based manager of mutual fund looks like an idiot during the market corrections and mostly is not able to beat index results even in 3-5 year term or is it that those who eek out couple of point above the index performance, do lots of TA under the table...

Regarding TA defense, here is another logic............markets soon ditch a product that does not prove its worth, be it running shoes a new model car or a trading system etc. TA has been around for decades and getting more advanced. This alone proves that TA works for those who learn to tune...

this is one of the good advises on TA. btw, do not let word technical analysis scare anyone, no need to go real deep into it to feel confident and be successful. :D

TA works because science of Maths and Physics work. :D

True but that is only for the current bar which is still in the play. For the bars that have hit their close price, the BB graph should not change. Agree?

So you mean to say that a BB chart of this week when looked at the end of the next week will be different? :confused: Could you kindly back this up with some real chart example.