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Mingary commented Aug 11, 2013Does this article count as trolling?
The 10 Common Habits of Trading Trolls
- Mingary replied Aug 11, 2013
Because you are showing remarkable insight into the true nature of a price move.
Statistical trading system based on current traders' positions
- Mingary replied Aug 11, 2013
I concur 100% Which leads to this question: are you really French ?
Statistical trading system based on current traders' positions
- Mingary commented Aug 11, 2013
I know and I agree and it's bad. Fortunately, there is always been a strong "anti government" movement in the U.S. that limits its power. As opposed to China -- "Imperial" for centuries and counting...
If You Build It, They Won't Come... And In China They Are Now Leaving
- Mingary commented Aug 11, 2013
I humbly submit that you are terribly misinformed. The U.S. economy is Decentralized to the nth degree in the private sector. I think you are referring to government employees. The government is of course way too large in the U.S. and is a very ...
If You Build It, They Won't Come... And In China They Are Now Leaving
- Mingary replied Aug 11, 2013
I agree. but with this caveat ... Trading is an art. Coaching / mentoring will only work is the student shows some sign of some talent -- "if the student is ready". You cannot teach somewhere to find "his/her own voice" if there is not even the ...
Looking for a trading buddy/mentor in Chicago
- Mingary commented Aug 11, 2013
Central Planning = Communist Economy = Total failure
If You Build It, They Won't Come... And In China They Are Now Leaving
- Mingary commented Aug 11, 2013
I was not aware China is still managing the country with central planning. Then indeed, they are doubly doomed and utterly screwed.
If You Build It, They Won't Come... And In China They Are Now Leaving
- Mingary replied Aug 11, 2013
No one can teach you how to trade, only you can do it. How much pain ? If you are still not feeling it down to the marrow of your bones for days and weeks and months on end, gnawing endlessly at the very core of your soul doing all you can because ...
Looking for a trading buddy/mentor in Chicago
- Mingary replied Aug 11, 2013
Entry not important Exit not important What really matters is the account balance. Just add to it .. and repeat...
How do you decide when to enter?
- Mingary replied Aug 10, 2013
Ok. I am inclined to agree, indeed the banks of today are like the 16th century roman catholic church (even more corrupted than today); Back then the church was the tallest building in town, now it's the bank.
Sonic R. System
- Mingary replied Aug 10, 2013
I think you are mixing things up quite a bit. Banks can and do control the money supply, Banks can and do fix the exchange rate - under certain conditions. And it is their job and reposnsibility to do so !. Do they abuse their power, most certainly, ...
Sonic R. System
- Mingary replied Aug 10, 2013
Yes. now you are onto something good... not all "MM position building" are created equal.
Sonic R. System
- Mingary replied Aug 10, 2013
ok then... I worked at Deutsche Bank in their Global Custody area - trade settlement. I can assure you that the internal and external audit is extremely rigorous. Therefore this "virtual money" idea must be something that is already accepted and ...
Sonic R. System
- Mingary replied Aug 10, 2013
Interesting. I am open to the idea. Can you point me to some external sources relating to this Virtual Money and its mechanics ? Thanks.
Sonic R. System
- Mingary replied Aug 10, 2013
I agree. However, given the fact that institutional desks do not trade pennies, how can they risk carrying a loss for hundreds of pips ? How can "the smart money, the MMs" be so reckless - for example - as to accumulate a huge short position as the ...
Sonic R. System
- Mingary replied Aug 10, 2013
That job at WalMart for minimum wage that I turned down to start trading full time with all my savings and a second mortgage on the house is starting to look very good right now. I hope Mac Donald's is hiring, but wait I can still sell all the ...
Most important question to ask before trading