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Mingary replied May 2, 2020The price will always move in the direction that causes the largest financial damage to the greatest number of (retail) accounts.
Why 99% of traders lose money
- Mingary commented May 1, 2020
Wall Street is a snake pit. "Rage, rage against the dying of the light of consciousness." Good to know at least 1 person gets it. Good for you Mr. Musk...
Elon Musk tweet wipes $14bn off Tesla's value
- Mingary replied May 1, 2020
Not new this (; "The element of manipulation need not discourage any one. Manipulators are giant traders, with deep pockets. The trained ear can detect the steady 'chomp, chomp' as they gobble up stocks, and their teeth marks are recognized in the ...
Ticks per second rate
- Mingary commented Apr 30, 2020
Those "better goods" are filling up landfills and adding up to the ever growing pile of garbage ... therefore, not better (: Do we really need a new iphone every 6 months ?
Global energy demand to plunge this year - biggest shock since the Second World War
- Mingary commented Apr 30, 2020
Using less energy solves the energy crisis and makes human life on this planet sustainable longer term. Apparently all it takes is a global change of attitudes and lifestyle and work habits and so on, in an instant! Are humans too dumb to realize ...
Global energy demand to plunge this year - biggest shock since the Second World War
- Mingary commented Apr 29, 2020
I fail to see any lies in my statement. The forex casino owners are just doing their jobs ... Imagine you are the owner of a video arcade.. day in and day out, 24/7, kids come in the arcade and drop coins in the machines. Best business in the world
Hard Work Beats Talent
- Mingary commented Apr 28, 2020
I don't blame the brokers. If you are a broker, making money from retail forex traders is like taking candy from a baby. Your average forex brokers does not have to do anything but wait until the entire customer account gets turned over to them via ...
Hard Work Beats Talent
- Mingary commented Apr 27, 2020
There is plenty of evidence it's possible to achieve the goal of running a successful restaurant.
Hard Work Beats Talent
- Mingary commented Apr 27, 2020
Utter propaganda BS from the retail forex propaganda machine.. Hard work, persistence and determination toward a goal only works if the goal is achievable !
Hard Work Beats Talent
- Mingary replied Apr 26, 2020
"So you conclusion that a speculator must lose to the real economy is not sound" IMHO it is sound. "Commercials" Vs "Dumb Money" "Dumb money" (Speculators / Retail traders) "supply the demand and demand the supply" that can then be indirectly used ...
Why do 95% of traders lose?
- Mingary replied Apr 23, 2020
It's interesting to note that speculation in the "old" soviet regime would have gotten a sentence of 5 years in some prison in siberia. This is of course a gross distortion, but it is a fact that in free societies "successful speculation" is always ...
Why do 95% of traders lose?
- Mingary replied Apr 23, 2020
The reason is simple and also fundamental to the workings of a free market economy. Most traders fail because it is their duty (a subconscious drive, so in a way, yes, it is all psychology) to fail. To be of benefit to a free market economy ...
Why do 95% of traders lose?
- Mingary replied Apr 22, 2020
ok so 16 M from a high of 28 M ? The company I work for makes about 16 M in revenue per year in a good year, generated by 90 employees working their butts off to make that number. I can't even imagine how they could add 12 M in revenue in just a few ...
Carpe diem: Intraday tactics for Dax and Dow
- Mingary commented Apr 21, 2020
This is an industry that needs to go away... Same as the Whale Oil industry of the 1820s ..
Trump is bailing out US Oil and Gas Industry
- Mingary replied Apr 15, 2020
Honestly, I don't know what point I should tackle first. But something needs to be said. First, about making a purse out of a sow's ear (i.e. opening forex trading to the public) In the 1990's new legislation opened the doors for online forex ...
Forex is random
- Mingary replied Apr 14, 2020
I have already responded ==> url I agree. Not totally random but generated by constant self feedback loops triggered by a series of hard economic facts. But it's a lot more interesting than that: It became a text book exemple of the "less than ...
Forex is random
- Mingary replied Apr 14, 2020
Thank you for your consideration and I extend the same to you. We all have something to worry about in this peculiar time! I have followed and observed the evolution of retail forex from the beginning when it was made available to the general public ...
Forex is random
- Mingary replied Apr 14, 2020
It is you who are attempting to mislead. You obviously are avoided a debate. Again you are hiding behind what you think is a valid rebuttal. If you knew, you would realize how stupid it is.. Please do find out what an "Ad Hominem" argument is and ...
Forex is random
- Mingary replied Apr 13, 2020
As I said before, looks like you prefer an Ad Hominen response .. I get that. "it's you who can not comprehend the reality" ok, let's have a look .. Let's have a look at the core issue .. There is something fundamentally wrong with the "retail forex ...
Forex is random
- Mingary replied Apr 12, 2020
To all the "Sam Seiden" out there. I hope you don't mind if I share your business model with everyone... There is one and only one business model that will make money in retail forex It's a plan similar to this: 1) find a gimmick (example "We found ...
Sam Seiden Goes DOWN