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 Calculus
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  • Last Online:
  • Jul 20, 2018
  • Using Local Time:
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  • Joined Forex Factory:
  • Apr 2011
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  • 583 Posts
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  • 5 Threads Started 378 Thread Replies
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Input by Calculus
About
  • Trading From:
  • Marlinspike Hall, United Kingdom (map)
  • Occupation:
  • Trader and student of price action
  • Affiliations:
  • None, follow yourself or give up.
  • Trading Involvement:
  • Full-Time Trader
  • Trading Style(s):
  • Event Driven, Price Action, Technical Analyst
  • Trading Philosophy:
  • You need 4 things to come together. Physical + Mental + Strategy + Concentration. If you're weak in one the other 3 aren't much use.
  • Markets Traded:
  • Energy, Equities, Forex, Metals
  • Contracts Traded:
  • Spot, Futures
  • Preferred Broker:
  • Interactive Brokers
  • Favorite Trading Book:
  • What I learned losing a million dollars last year, by Jim Paul (Amazon)
  • Favorite Trading Quote:
  • "To be a success in this business you have to screw your head on backwards. That's why I turn my back to the mirror when combing my hair." — Joseph Hart
  • Biography:
  • MUST READ: Thieves Emporium - Max Hernandez
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May 21, 2018
 Calculus
MY MANTRA: I have bought CCs because I believe in what they're about and offer. That is far more important than me potentially losing money. Bitcoin and many of the others are creating a FIXED supply global currency that can be sent to anyone, anywhere in the world at any time for very low fees. That is money WITHOUT counter party risk. Bitcoin and a few of the others are creating systems which DISPLACE existing government systems with superior technology that is better, faster and cheaper...
May 21, 2018
 Calculus
A purchase of any CC is therefore a vote in a) new tech, b) how new tech will/might alter the world as we head into the future (the future is digital), c) payment to increase KNOWLEDGE and EDUCATION, and d) a ticket on that train into the future. Now, there's nothing to stop that train falling off the rails and down some deep gorge but that is a risk all future seekers have to bear...
May 21, 2018
 Calculus
It bears repeating. If you're buying into CCs to make money, you're doing it all wrong and have a high chance of losing money as the volatility gets you. This will be because you'll become captured by the crowd of price action which in turn takes over the rational part of your mind which in turn has a good chance of forcing you to buy high (fear of missing out) and then selling at very low prices (fear of losing too much). Cont...
May 21, 2018
 Calculus
they reduce the power (which is being abused) and the informational reach (which is not only being abused but will be ramped up due to new ever more powerful alogos) that the current banking/money cartle has over all of us. So expect more people to use CCs as a VOTE of no confidence in the current banking/money cartel over the next few years...
May 21, 2018
 Calculus
So to summarise. The under 50s (the target market for any new tech) are going to be ever more horrified over the next few years by the constant stream of news about how their personal privacy, including FINANCIAL privacy, is being abused by their tech and govt overloads. They will therefore be looking to adopt any tech that PROTECTS their privacy. CCs are therefore going to look increasingly attractive in order to protect their financial privacy and they come with a nice kicker - CONT...
May 21, 2018
 Calculus
The personal privacy story is a) not going away, and b) only going to get worse and that in turn will force many people down new tech avenues. One of those big avenues will be CCs. CCs are not going way folks, the sooner you start to realise this the better prepared for the future you'll be. Failure to understand the current tides means you'll be playing catch up.
May 21, 2018
 Calculus
and will be offering their clients secure platforms. But what about the banks? Fat chance they'll do anything to help so we're on our own. Therefore I can see a world in the future where people will use CCs in order TO PROTECT THEIR FINANCIAL PRIVACY. So change up $100 into a CC, spend it and NOBODY can track how or where the money has been spent. It's all too complex now but within a few years it will be as easy as sending a text, click, click, send, done. Cont...
May 21, 2018
 Calculus
So unless people do something, the big corps + the governments are going to have EVERYTHING on us and in a free world that's not right. Personal privacy is a human right and if left unchecked we head down a slippery slope. Will the governments do anything to help? Possibly but probably unlikely (remember they're inherently incompetent). Therefore the only person that can help you, is you. Fortunately tech is here to help. New companies recognise the importance of personal information, CONT..
May 21, 2018
 Calculus
So like the Facebook problem the next one is going to be our banking details and information. Our banks have access to all this information and with their current alogos and more importantly their FUTURE ones they're going to know more about ourselves that we do. Are they going to use that information in our favour of theirs? I expect this story to break over the next year just like Facebook. And you can bet that governments are getting all this information. Cont...
May 21, 2018
 Calculus
More and more people are starting to understand that these tech giants are giving up ALL their data to the governments. WHY? Why do the governments need all of our private data? Are you a criminal? A terrorist or somebody else that may be a threat to the state and its people? Most are not so the governments have no right to this information (do we know the private information of those in charge?) Sure, if we are a problem then track us, but if not mind our own business. CONT...
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