- Goat replied Apr 25, 2021
Thinks about risk more than reward.
- Goat commented Jul 20, 2019
That guy who built the pyramid out of pennies has a grueling search on his hands. 🤪
So, the Bank of England has cut interest rates by 0.25pc – the first time that it has touched the base rate for seven and a half years. Is it the right call? Your answer to that question may be somewhat shaded by whether you are a borrower or a ...
- Goat commented Nov 18, 2015
This is the kind of thing that happens when you cling to the past too tightly.
- Goat replied Jan 16, 2015
Right, but the traders can't pay. They have negative balances. Read the FXCM statement, traders are in debt for a quarter billion. It's not like FXCM can take them all to court to get the money.
- Goat replied Jan 16, 2015
Brokers who were hedged against their customer positions are likely bankrupt. Their traders went negative, but the broker still owes the bank they were hedged with. Bucket shops should be fine... their customers have the same negative-balance issue, ...
- Goat commented Jan 15, 2015
FXCM is bankrupt. Wow. Looks like they were hedged against CHF-short traders, but the traders don't have the money to cover their losses. To the tune of a quater-BBBBBillion dollars! That's all folks.
- Goat commented Mar 1, 2014
Great article. The underlying lesson: looking at things with a historical perspective leads to truth. Sentences that end with "... is getting a lot worse these days" are usually based on emotional feelings, not facts.
- Goat commented Feb 27, 2014
This author is sorely misinformed. MtGox has been exposed as a scammer, nothing has happened to the bitcoin protocol. Look at the message on mtgox.com. This Karpeles guy "loses" a couple hundred million dollars, gives no information about how/why it ...
- Goat commented Feb 15, 2014
There are a lot of brokers, coders, and web developers who were under the impression that MT4 was an ecosystem-friendly platform. How wrong we were. The lesson is clear: don't build anything for MetaQuotes software. They want to operate a closed ...
- Goat commented Dec 24, 2013
The hacker said they showed the QR for 10 second on HD TV? Anyone who knows anything about BTC knows the QR owns the coins. It's such a rookie mistake that I suspect it's a PR stunt or test of some sorts!
- Goat commented Aug 22, 2013
You guys watch a couple internet videos and think you understand the complexities of central banking. Ha! Jekyll Island is the rich-people-island where the idea for the Fed was conceived, but the act passed the Senate (yes it was during Christmas, ...
- Goat commented Jul 29, 2013
Admittedly, I did more reading from that team during the Forexlive days, and it sounds like you guys have well formed opinions based on direct experience... so yeah I no longer question your integrity Spreadbetter if that matters to you.
- Goat commented Jul 23, 2013
It proves he's not a very good business man, but what's that have to do with the quality of his analysis? Look, I'm not trying to defend anyone here, but to put Jamie Coleman anywhere near the words "not quality" is a mistake. The guy knows the ...
- Goat commented Jul 22, 2013
Not only were they quality but Jamie and Co. are as good as it gets for breaking news. And it was free? Nowhere can you get that level of insight for free, and they did it reliably day after day. I seriously question your integrity as a trader ...
- Goat commented Apr 18, 2013
It might be terrorism.
- Goat replied Sep 20, 2012
I think generally countries take on too much debt, but it makes perfect sense why a country can be considered rich yet have a lot of debt. Suppose CompanyABC has a profit of $250K per year, and has $750K in debt. CompanyXYZ profits $20K per year, ...
- Goat replied Aug 12, 2012
I have a question for you Bill... you see a lot of trading activity from retail traders and may be in a position to answer this: What is the relationship between profitability and trade duration? In other words, does a trader with a longer trade ...
- Goat commented Jul 19, 2012
Oh wow, this PFG story is going to be a lot more entertaining than I expected. "In Spongbob We Trust" ... what was this guy smoking?
- Goat replied Apr 28, 2012
Market prices, like Pi, are an endless string of numbers that never repeat.