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Slim Buffett commented Mar 28, 2012Interesting side note; Since the first EUR crisis was less than the second EUR crisis and the first crisis sent it to 1.18 THEN to 1.46 or so, does this mean the second (worse crisis) has seen a bottom (@1.25 or so) and will now rise to 1.55 or so ...
Prepare for the Worst in Europe: Ex-ECB Official
- Slim Buffett commented Mar 28, 2012
Prepare for the worst. Hope for the best. And this is something I read constantly a year or two ago: "The Euro is in the toilet... it just can't seem to flush down as fast as the U.S. can print new cash." In the previous "great EUR crisis" before ...
Prepare for the Worst in Europe: Ex-ECB Official
- Slim Buffett commented Mar 28, 2012
Well, ya' never know. I'm guessing you've read a few articles about America becoming the new Middle East. Look up Williston, North Dakota oil boom or whatever. That would be a paradigm shift. Historically, US equities rise in an election year as ...
The ‘Bernanke Bounce’ Didn’t Last Long
- Slim Buffett replied Mar 28, 2012
The reason that systems come and go is because; 1. It was ridiculous to begin with. 2. Markets change and the system/method is no longer valid. 3. Most importantly, traders change methods more often than markets change direction. Whatever it is, ...
The life of a trading system on Forex Factory
- Slim Buffett replied Mar 28, 2012
Not that great of a reply. You "assume" that because I'm a new member, that I'm new to trading. If you look at those aforesaid charts and assume that something is true, you're probably not that great of a trader. Is your only method of seeing the ...
My theory about forex market
- Slim Buffett replied Mar 28, 2012
Your post is true. But it's that recognition that takes practice. Hint; it takes longer to learn to trade forex than it does to learn to ride a bicycle.
My theory about forex market
- Slim Buffett commented Mar 28, 2012
Yup. But maybe a good play by China. Find a way to "turn the tide".
Brazil to rally BRICS against rich countries
- Slim Buffett replied Mar 28, 2012
No, I don't know why h/her theory is stupid. It might have been erroneous in my opinion and obviously in your opinion. As I said, maybe the post is due to a lack of experience. And maybe after a few times of trying to ride a bicycle you would call ...
My theory about forex market
- Slim Buffett replied Mar 28, 2012
Why call it stupid when perhaps it is inexperience? Your bullying is not helping anyone.
My theory about forex market
- Slim Buffett commented Mar 28, 2012
No wonder brokers are so greedy. They have to hire a battery of attorneys just to keep up with regulations. Both good and bad. I suppose.
NFA: Forex Transactions - A Regulatory Guide
- Slim Buffett replied Mar 28, 2012
EUR/DKK is not a "standard" or major pair (of course).The pip value is about 1/20th (or so) as that of EUR/USD. Yet the margin required is the same. The ADR is 10 to 14 pips. I don't care to trade that.
Why EURDKK so funny?
- Slim Buffett commented Mar 28, 2012
The new Bernanke Bounce didn't last long. The "BB" from March '09 hasn't expired though (yet). The markets needed a correction. I'm not the soothsayer to proclaim how scary it will be. But keep that volatility coming.
The ‘Bernanke Bounce’ Didn’t Last Long
- Slim Buffett commented Mar 26, 2012
Exactly. BB is a master at saying the right thing at the right time. Or master manipulator if you prefer. But it doesn't matter if I get on the right side of the trade.
Bernanke: Recent Developments in the Labor Market
- Slim Buffett commented Mar 25, 2012
LOL. I wouldn't be surprised. Buy the rumor, sell the fact. Or is that the other way around now. I'm so confused. Guess I'll just go have dinner. :-)
Monti Signals Spanish Euro Risk as EU to Bolster Firewall
- Slim Buffett replied Mar 25, 2012
Likewise. The very best of trading to you.
USD/CAD went wrong, tips on money mgmt
- Slim Buffett replied Mar 25, 2012
I agree and I wasn't trying to argue. As I said, maybe it depends on experience and so forth. On the other hand, if you started with a $100 account and always risked 5-6%, it would be the norm. What I know is what has worked best for me. It involves ...
USD/CAD went wrong, tips on money mgmt
- Slim Buffett replied Mar 25, 2012
The post is fairly well said. Perhaps it depends on your experience/system/method. The less experience you have the lower the risk until you "know" you're getting it right. Then, 5 or 6% risk is not too much (IMHO) (and that's all it is; an opinion)
USD/CAD went wrong, tips on money mgmt
- Slim Buffett commented Mar 25, 2012
The "mishap" cost some people some money. That's trading. Be prepared; easier said than done, of course.
BATS CEO Apologizes For IPO Mishap, Says Timing ‘Couldn’t Have Been Worse’
- Slim Buffett replied Mar 25, 2012
I really don't need to work/sweat that hard.
USD/CAD went wrong, tips on money mgmt