Hardly a moment goes by when I'm not thinking about music or forex ( ... or something else ) video

What kind of music you hear while you trade?

Otis Redding - You Don’t Miss Your Water Til Your Well Runs Dry Steve Cropper - guitar Booker T - keyboards Donald Dunn - bass (Isaac Hayes - producer) video

What kind of music you hear while you trade?

Lol, I'm just going with the flow, and will deposit the extra. Pretty sure that's what they want in the end. No other outcome or option. It's this sanctimonius rhetoric from ASIC that they are "helping" retail that sticks in my throat And ...

Breaking: Australian Parliament Passes Product Intervention

And, what’s more, if ASIC were truly genuine in their efforts to “help” retail traders then … This $774 million that retail traders lost. You have by definition, ASIC, confirmed that the net $774 million losses didn’t go to OTHER retail trader ...

Breaking: Australian Parliament Passes Product Intervention

Hahaa, trade yes, maybe win - no. 5weeks, $774 mill = ~ $150 mill per week losses My definition of knee jerk. Following hot on the heels of the #1 chair and #2 chair of ASIC falling under internal scrutiny and Govt admonishment. url url Let's ...

Breaking: Australian Parliament Passes Product Intervention

Yep, knee jerk. Well done ASIC. url ----------------- On the heels of a massive $75 million court order against now-defunct binary options and CFD broker AlphaBinary, Australia’s financial regulator ASIC issued what it calls “a product ...

Breaking: Australian Parliament Passes Product Intervention

url Interesting. Long read. Looks like ASIC were bludgeoned over their handling of the Binary trading area of CFDs, in relation to leverage. And then decided to lump FX in with the same pot. I might have to read it a second time though lol. (Have ...

Breaking: Australian Parliament Passes Product Intervention

You can't stop us on the road to freedom You can't keep us 'cause our eyes can see video

What kind of music you hear while you trade?

Half past beer o'clock (well not yet, yet) video

What kind of music you hear while you trade?

Hi Ric, We used to use Kelly variations in horseracing gambling (back in the day, 1980's lol). Transferring that same criteria to modern day FX I came up with the following In your scenario with a 55% win rate (0.55), and assuming the outcome (odds) ...

Money Management Theory

url Here is a report from a participant who trialed the vaccine, article published yesterday. He took the vaccine shot (wasn't advised whether it was the vaccine or the placebo he was given, which is how trials work) then goes home and now reports ...

Pfizer - trading

Couldn’t let our Cup Day go, without some music. The great chestnut mare Let’s Elope (trained by legendary horse trainer Bart Cummings) wins the 1991 3200m (2 miles) Melbourne Cup. There were 94,632 race attendees at the track that day. Foaled in ...

What kind of music you hear while you trade?

Hi B, I am not really certain what you define as “impact” here. But imo the only definition as I see it is … “outcome” Outcome is the issue because (mathematically) if a trader now wishes to continue at the same lot size level of trading they are ...

Breaking: Australian Parliament Passes Product Intervention

Putting a former investment banker in charge of ASIC, what could possibly go wrong url

Breaking: Australian Parliament Passes Product Intervention

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What kind of music you hear while you trade?

My suggestion to ASIC if they even care about current participants in FX is. - all current solvent FX traders be allowed to continue with their current leverage that was negotiated with their Broker (at the leverage rules of the time) of which such ...

Breaking: Australian Parliament Passes Product Intervention

What can anyone reading all this think when the very watchdog of Australian FX needs to be watched. In a week where leverage change regulations for Australian FX were officially announced we bizarrely find out (that the) #1 Chair AND the #2 Chair of ...

Breaking: Australian Parliament Passes Product Intervention

And ALL recent legislation landmark changes (incl FX) should immediately be scrapped or put on hold pending a full inquiry as to who recommended & instigated these upcoming changes within ASIC. This inquiry should also publically include ...

Breaking: Australian Parliament Passes Product Intervention

Hi Lloyd, I’m still peeling back the layers of this “onion” - it’s a large peel and a large onion - and I’m still in progress lol. To me the ASIC move is more likely to support brokers rather than traders. Brokers need their equity higher maybe. ...

Breaking: Australian Parliament Passes Product Intervention

Hi cogs, good to see you pal. All I can say is we are living through interesting times for sure.

Breaking: Australian Parliament Passes Product Intervention