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- Eurorally commented 10 hr ago
You are right but people tend to cloud the issue. For the record, they call soccer "football" outside the US
Football tourism to bring €1B to Germany in Euro 2024 tournament, study shows
- Eurorally replied Jun 9, 2024
Respectfully, you are making the same mistake as most decision makers make today: Disregarding the method of scientific inquiry, you base your decision making on a single data point, while a verification of your trading hypothesis, or any hypothesis ...
I lost everything! 😭
- Eurorally replied Jun 9, 2024
Dear BlueKnight: Please read my post again. My point is that you were gambling without any knowledge or bona fide verification that there was any truth in your assumption "I did this to reap big profits with a small deposit (50%+)." Thus, the ...
I lost everything! 😭
- Eurorally replied Jun 8, 2024
The standard advice in trading ES, which we follow, is to stay away from trading 10 minutes before the announcement of any economic news or data and 5 to 10 minutes after. I believe that in trading you need to forget about trying to guess the ...
I lost everything! 😭
- Eurorally replied Jun 8, 2024
Dear BlueKnight: I am sorry about your loss. Respectfully, such a loss could have been avoided and prevented. I do not know what experience you have and how you trade (manually or with some automated aids). I have been at this for eight years this ...
I lost everything! 😭
- Eurorally commented May 20, 2024
Do they do all that? And successfully?
Third Conference on the International Role of the U.S. Dollar: Welcoming Remarks by Governor Waller
- Eurorally commented May 18, 2024
Who in the world says we have declining employment and rising inflation? This is the most inexpert assessment of what we are experiencing: There are still 8 million of job openings. The annual inflation rate is 3.4% whereas the same rate for the ...
Is the US Economy Experiencing Stagflation?
- Eurorally commented May 12, 2024
Americans would feel much better and stop being "stressed out" if they could realize and acknowledge that they have been living in the wealthiest country of the world with the highest standard of living ever achieved on Earth. Alas, this is not ...
Inflation is slowing. Here's why prices still aren’t going down
- Eurorally commented May 8, 2024
But of course. When the rate of the US inflation is 3.5% and the average annual inflation has been 3.6% over the last 49 years since the year 1975, it is difficult to call the current inflation of 3.6% "high." Unless, your economic memory does not ...
ECB's Holzmann: I don't see a reason to lower rates too much too quickly
- Eurorally replied Apr 30, 2024
Dear Mike1108: You are correct when you say that replying to these threads is a waste of time. So I will just give you below a real life example of my trading this morning and will be out of here forever. Note 1: I do not sell anything on the ...
Believe in what you do
- Eurorally replied Apr 29, 2024
As a second thought, Mike 1108: How did you calculate all this? BTW, I said over 80% average Profit to Loss ratio, not 70%. At any rate, it is entirely sufficient to make 5 to 15 trades in the first 90 to 120 minutes of trading in New York and make ...
Believe in what you do
- Eurorally replied Apr 29, 2024
Note to the uninitiated: There is a difference between a random market and price movement and a stochastic market and price movement, though both terms are sometimes used interchangeably and wrongly. The definition of a random price movement is such ...
Believe in what you do
- Eurorally commented Mar 23, 2024
Hello kthrapp350! As we both said, we agree on most things, with very few exceptions: 1. On trusting the Government: As I said, I do not subscribe to the general idea that we cannot trust our Government. I was born and raised in a communist country ...
Fed Listens: Transitioning to the Post-pandemic Economy
- Eurorally commented Mar 23, 2024
To Ferna: I think you put your finger on it. My points were not debated and that is where the problem is.
Fed Listens: Transitioning to the Post-pandemic Economy
- Eurorally commented Mar 22, 2024
To Ferna: Please see above: I frankly do not understand why people listen to FOMC members - or to "experts" - so intently trying to read tea leaves. FED has never been able to forecast anything with any degree of accuracy. Just remember how they ...
Fed Listens: Transitioning to the Post-pandemic Economy
- Eurorally commented Mar 22, 2024
Hello ktrapp350: I think we are in agreement on most things. I just do not believe the populist assumption that all the Government is doing is lying to us. But I know that the stories about filling the shopping cart for X dollars then and not being ...
Fed Listens: Transitioning to the Post-pandemic Economy
- Eurorally commented Mar 22, 2024
Memo to Ferna: Have you noticed that you live in the most affluent country on Earth with the highest standard of living that is also the most democratic and freest country of the world. Take it from me - a conservative. Try a post-communist country ...
Fed Listens: Transitioning to the Post-pandemic Economy
- Eurorally commented Mar 22, 2024
Yada, yada, yada. Many years ago, The New York Times printed my letter in which I said that Greenspan should not have the power to speak so frequently and roil the markets. Greenspan was talking like a sage with unintelligible remarks, which market ...
Fed Listens: Transitioning to the Post-pandemic Economy
- Eurorally commented Feb 26, 2024
Yada, yada, yada. Average annual inflation for the past 49 years has been 3.6%. So much for inflation weary consumers whose memory does not go farther back than the inception of Twitter in 2006.
Consumers are tired of inflation. But some retailers fear falling prices