Leverage, I dont understand the principle of it...

Quote from NoBias:

Quick Question, Off Topic....

Tango 6 Alpha to me means "T" "6" "A" in the phonetic alphabet,. Being an active pilot myself for the past 25 years in the private sector "non Military". I am not aware of any special meaning other than a tail number. I Googled a bit, but didn't find the military meaning.

Curious what Tango 6 Alpha signifies?

Thank you
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I think he's just trying to sound serious and 'hardcore' as a trader.

Don't know who he's trying to convince though..
 
Quote from Jack_Larkin:

I think he's just trying to sound serious and 'hardcore' as a trader.

Don't know who he's trying to convince though..
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T6A is a trainer jet which is cool but he's acting like a reservist who says he's part on the navy seals.

So instead of being cool he's being a douche.
 
The guy who Hosea burned told me that he (tango) washed out of Embry Riddle and has never seen military service. The only thing keeping the client from losing the remaining 10% is that he wouldn't wire Hosea the funds, which he asked him to do at the outset.
 
Quote from Tango 6 Alpha:

It's called sarcasm.

Maybe that was the thing that got missed.
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a member post 9600 times in 4 to 5 years, and you ask him, "How many is that?"

If that's what you call sarcasm. you are missing something more than the fact that you made a mistake coming here and got nailed.

hey man, "That's what I do" I always got my back to the wind. I'm a real big guy.

Mine goes all the way to Saint Louie!

at anyrate, where does the money come from to supply all the world with margin?
 
Quote from Tango 6 Alpha:

Oh, please. Wake up. Only you have difficulty with that kind of math.
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Are you being sarcastic? I can never tell.

otherwise, if you are the pilot I'm getting the hell off the plane, even if I have to jump.

I always heard rich guys were real jerks, I guess it is actually true.
 
Quote from Tango 6 Alpha:

How is it possible, that a guy named "Hosea," could be so financially downtrodden, as to have no other choice but to live in "Section 8 Housing," yet miraculously come up with the $91,000.00 necessary to put himself through the most prestigious Aerospace Science University in the world?
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Side comment: Isn't that part of the problem currently fueling the student debt bubble in the US? :p
 
Quote from Tango 6 Alpha:


A) Embry Riddle Aeronautical University, is my old Alma Mater. It is where I earned a degree in Aerodynamics, on the Florida Campus. My education at ERAU (at the time) cost me roughly $91,000.00 in total. I think the average at that time was somewhere in the neighborhood of $70,000.00. My cousin, who now works with General Dynamics and formerly worked at Boeing, graduated from the same campus after paying more than $76,000.00 for his education. So, he was older than myself and thus, I suffered the effects of inflation, I guess.
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I must be clairvoyant.

Big Gulf War hero didn't get GI Bill monies for ERAU? Hmmm.
 
Quote from Tango 6 Alpha:

Now, Assikiss - what is the name of the hidden "guy" who engaged in wire transfers to another guy named "Hosea?" Can you name him? Or, have you signed an NDA with him?

You tend forget, I was the first human being to catch Mr. Jack'O's DailyFx Scam, before he took his road-show over the ForexFactory, and before he got arrested and charged with Fraud.

I was the one who pinned his butt to the wall on DailyFx, when his minions were all over me because I refused to allow him to get away with firing off some of the most foolish trades I've ever seen anyone online make and then cover-up in broad daylight. I was Mr. Fraud Jack'O's very first DailyFx aggressor.

I was also Mr. Fraud Jack'O's very first challenger. I challenged Mr. Fraud Jack'O to a Trade-Off on DailyFX. I offered to fly Mr. Fraud Jack'O to any location of his choice in the continental U.S., along with his attorney to make arrangements with my attorney for the opening of a protected Escrow Account for the purpose of paying the winner of the Trade-Off.

At the time, I had been contacted by one of the Producers of what would later become the television series "Wall Street Warriors." Apparently, someone had seen some of my trade journals and discussions about the new kind of technical indicators that I had developed and thought that it would be an interesting topic as part of their television program.

I declined to appear on WSW to discuss my work, because I did suggest another type of programming concept for WSW to the Producer. I suggested that they allow for a competitive trading component within their series, where Traders would engage each other in Trade-Off type competitions. They left many good ideas on table and my idea was not selected for production.

At the time, I did not tell Mr, Jack'O, that I had been in contact with a WSW Producer, but I did challenge him and I gave him my attorneys phone number to make the flight, hotel and transportation arrangements. Mr. Jack'O, declined the invitation to compete with me. Apparently, he had other, more important things to do, like sit online in DailyFX, and tweak his trades after the fact.

During my TurbineTrader Trade Journal on DailyFx, and after I fired-off about 17 successful trades in a row - Mr. Ripp-Off Artist Jack'O, sent me a PM on DailyFX. In that private message, he asked me if I wanted to engage him in a "business deal for the benefit of both of us." I responded to Mr. Jack'O in a PM and reminded him of what I had been plastering all over my TurbineTrader Trade Journal; that I am not a fund manager, nor do I have any interest in trading the money of other people.

Directly after I declined Mr. Jack'O's offer to trade his money, he launched his own thread on DailyFX and began calling trades that were some of the most disastrous blunders I have ever seen online. When I began calling out his blunders and cover-ups in broad daylight, his minions began rallying to his support with off-comment trolling remarks about the TurbineTrader Trade Journal - a Journal and thread that DailyFX CLOSED after it demonstrated an 87% success rate.

So, DailyFX closes a Journal with an 87% success rate (in fact, they complete deleted the damn thread) - yet they left Mr. Fraud Jack'O's thread intact to this VERY DAY, where he unabashedly altered his trades in broad daylight.

So, you explain to me how is it that a "guy" who routinely altered his trades after the fact to make them profitable, could possibly have his thread remain open by DailyFX, when my Journal which was 87+% accurate to a specified and predetermined target, gets SHUT DOWN, CLOSED and then DELETED by DailyFX?

Can you explain that?

The problem with you, Assikiss - is simple. You don't know what the heck you are babbling about. You simply run your keyboard, without a clue as to the facts and/or the details. Because in your world, details don't matter.

Now, you know the rest of the story.

Clown.
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You are f*cking insane. Just to state the obvious.
 
Quote from Tango 6 Alpha:

At 3,334 posts - you'd be a good judge of "internet character." So, if you are getting off the plane, then well - I guess everybody should start reaching for a parachute, given your astute observations.

Your inability to read between the lines is staggering.
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3334? so how many will that be in five years? I'm very passive and don't have a competitive bone in my body, but would it beat atticus?

Problem is, I am losing interest in answering beginners questions now that I am a 3000 plus "advanced Elite Trader."
 
yeah well, getting back on topic, how is it without a penny to my name, I can max out my credit card and open an account with my local internet forex broker for 1k and move 50k of currencies to my hearts content?

We all know they are trying to get the 1k I don't even have on my credit card balance, but where do they get the money to move the currencies?

The FCM doesn't talk to them on the phone and say, "OK this one looks like a real mark, we'll advance you the margin."

They've been doing this a long time, back before bucket shops, back before forex.

Forget forex for a minute, just go back to the old days of corn and the cbot. How does the whole thing work?
 
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