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Technical Analysis Fallacy

  • #61,961
  • May 8, 2020 5:23pm May 8, 2020 5:23pm
Wow w
WIshed was someone from here.
But no chance i think.
when they make $$$ theyvjust walk away.

Regards

https://www.facebook.com/biphakathi/...4/?d=null&vh=e
  • #61,962
  • May 8, 2020 5:26pm May 8, 2020 5:26pm
Quoting dbrown101
This is why we dont attempt to catch falling knives ----->https://www.forexfactory.com/news/99...-with-77000-in also a good reminder about rigid thinking...."it cant go below zero, ill just keep buying."
Now we know! Is it possible to have negative interest rates? What would that do to a currency?
  • #61,963
  • May 8, 2020 5:32pm May 8, 2020 5:32pm
Quoting fti
Jesus {quote} I remember back office was AS100.reuter dealing was RS 300 console, tele dealing was hitachi console.All systems inhouse supported and prop. Bloker boxes sony. Data centers in house on premises, off premises. Print warehousing archieval. Also inhouse LAN. My server room bigger than ceo office. Only one point to point line shared with swift. Swift and settlements encyrption is managed by different security teams. Treasury forex and fixed income securities clearing and equities and deravatives exchanges clearing.
Hmmm, not that familiar... only find this AS-100 https://www.old-computers.com/museum...asp?st=1&c=591
  • #61,964
  • May 8, 2020 7:55pm May 8, 2020 7:55pm
wah ... overhead a few dinosaurs taking about computers

don't get me wrong, I do like dinosaur computers ... in fact I am a main user of them

before blue was in fashion, it was all green screen. there is no such thing as green screen of death ... you know why?

cos these terminals are all dumb! nothing personal about it

As a position clerk, I used these terminal emulators to the mainframe keying in deals for traders

if one trader does 50 deals, I have to key 100 tickets. 50 for level 1 and 50 for level 2 to make sure there are no mistakes made

The terminals are robust with monochrome black background with green words ... top of the tech

Only keyboard and never knew what a mouse was. In fact it was mechanical keyboard made of steel.

Only sometimes a punch is needed to wake the terminal. I do it with a punch card.

Regards,

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  • #61,965
  • May 8, 2020 9:14pm May 8, 2020 9:14pm
Quoting fti
Jesus {quote} I remember back office was AS100.reuter dealing was RS 300 console, tele dealing was hitachi console.All systems inhouse supported and prop. Bloker boxes sony.
Ah ... traders liquidity ... needs to flow and cannot afford to be stagnant ... mainly running in Unix or a variant

Some more direct than others, those shy ones need match makers

Reuters Dealing, Telerate very familiar ... Quotron from some shitty bank not so

Reuters 2000 and now 3000 or 1m I do not know. Many match maker comes later ... ebs king and later the wannabes .. cock-no-tech, hotspot, fx all, 360 tee etc

electronic matching done via submarine cables ... sure got name ... better than voice brokers

sometimes done with no name .... have to wait long long before I can key into my dumb terminal

Regards,

ps. I old school ... use telex .... beep beep beep

and

p ps. well rec'ed

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  • #61,966
  • May 8, 2020 9:37pm May 8, 2020 9:37pm
Quoting fti
Jesus {quote}My server room bigger than ceo office. Only one point to point line shared with swift. Swift and settlements encyrption is managed by different security teams. Treasury forex and fixed income securities clearing and equities and deravatives exchanges clearing.
I prefer server room than our ceo office. One smell with cigarette smokes and the other cold fresh air. Normally I pretend I am on holiday wearing my winter jacket and sometime fit a bottle or 2 into the 42U rack.

It is good to be a clerk as I have access to most rooms. Only the not so swift room out of bounds. If not I can make my own MT103. Silly banks then find it hip to have spiral staircase going round and round between floors, not so much different from google, facebook sliding ladder offices. Later do they know 30 years later when they cannot afford the rent they need to fork out millions to reinstate the integrity back to the building management.

I guess it is a small price to pay for chasing telex girls round and round the floors.

Regards,

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  • #61,967
  • May 8, 2020 10:54pm May 8, 2020 10:54pm
Quoting Zoran
{quote} Hmmm, not that familiar... only find this AS-100 https://www.old-computers.com/museum...asp?st=1&c=591

AS100 is not a computer. Just an onput terminal.
No the one you linked.
Reuter i got wrong trad8 got correct RS3000.
I still thinking why in my head was 300.
Hahahaha. Need check brain

Regards
  • #61,968
  • May 8, 2020 11:00pm May 8, 2020 11:00pm
Quoting trad8
{quote} Ah ... traders li..... . better than voice brokers sometimes done with no name .... have to wait long long before I can key into my dumb terminal Regards, ps. I old school ... use telex .... beep beep beep and p ps. well rec'ed https://www.youtube.com/watch?v=zSAJ0l4OBHM
Hahahaha

Have name switch at ldn. All the funny europe banks all cannot do.
you wait marshalls & toilet in tokyo for name. Claim full ot is ok.

I will check when i come back for ny opening.and no using 4 letter words on bloker.

Oooi is not polite hor. Their DOC alredy complained to me. Ask you brush your keyboard..

With soap.


Regards

Spiral staircase? Capitalland building?
  • #61,969
  • May 9, 2020 12:20am May 9, 2020 12:20am
lolol ... ok noted chief

if come spot check during ny hours, please announce your arrival

if not people think you ghost

on the way tabao supper please

Regards,

Ps. lol ... still trying to guess callsign? Hint: S ell Tower

below I think got a cafe called Al fore ... can get chao fan there

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  • #61,970
  • May 9, 2020 12:25am May 9, 2020 12:25am
Quoting trad8
lolol ... ok noted chief if come spot check during ny hours, please announce your arrival if not people think you ghost on the way tabao supper please Regards, Ps. lol ... still trying to guess callsign? Hint: S ell Tower below I think got a cafe called Al fore ... can get chao fan there https://www.youtube.com/watch?v=n4VS8WgzPHE
Hahahaha chinaman staying alive??

Qmar taljing die.
https://www.facebook.com/rarakums/vi...9044169630006/
  • #61,971
  • May 9, 2020 9:03pm May 9, 2020 9:03pm
https://www.bloomberg.com/news/artic...?sref=3utxjTsM

fyi

Oil Crash Busted Broker’s Computers and Inflicted Big Losses

Syed Shah usually buys and sells stocks and currencies through his Interactive Brokers account, but he couldn’t resist trying his hand at some oil trading on April 20, the day prices plunged below zero for the first time ever. The day trader, working from his house in a Toronto suburb, figured he couldn’t lose as he spent $2,400 snapping up crude at $3.30 a barrel, and then 50 cents. Then came what looked like the deal of a lifetime: buying 212 futures contracts on West Texas Intermediate for an astonishing penny each.
What he didn’t know was oil’s first trip into negative pricing had broken Interactive Brokers Group Inc. Its software couldn’t cope with that pesky minus sign, even though it was always technically possible -- though this was an outlandish idea before the pandemic -- for the crude market to go upside down. Crude was actually around negative $3.70 a barrel when Shah’s screen had it at 1 cent. Interactive Brokers never displayed a subzero price to him as oil kept diving to end the day at minus $37.63 a barrel.

At midnight, Shah got the devastating news: he owed Interactive Brokers $9 million. He’d started the day with $77,000 in his account.
“I was in shock,” the 30-year-old said in a phone interview. “I felt like everything was going to be taken from me, all my assets.”

To be clear, investors who were long those oil contracts had a brutal day, regardless of what brokerage they had their account in. What set Interactive Brokers apart, though, is that its customers were flying blind, unable to see that prices had turned negative, or in other cases locked into their investments and blocked from trading. Compounding the problem, and a big reason why Shah lost an unbelievable amount in a few hours, is that the negative numbers also blew up the model Interactive Brokers used to calculate the amount of margin -- aka collateral -- that customers needed to secure their accounts.
THE ALL is MIND; The Universe is Mental
  • #61,972
  • May 9, 2020 9:36pm May 9, 2020 9:36pm
Quoting Jacque
https://www.bloomberg.com/news/artic...?sref=3utxjTsM fyi Oil Crash Busted Broker’s Computers and Inflicted Big Losses Syed Shah usually buys and sells stocks and currencies through his Interactive Brokers account, but he couldn’t resist trying his hand at some oil trading on April 20, the day prices plunged below zero for the first time ever. The day trader, working from his house in a Toronto suburb, figured he couldn’t lose as he spent $2,400 snapping up crude...
If swisscchf didn't kill the retail leverage broking.
This one may.

There ain't no free lunch.
I always asked the greddy not use leverage unless hedging.
No one listens.
Now they may UNDERstand.

Regards

Leverage=homeless behavingvkike robertvkoyosaki.
  • #61,973
  • May 9, 2020 9:37pm May 9, 2020 9:37pm
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Wah SITTING DUCK.

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  • #61,974
  • Edited May 10, 2020 12:05am May 9, 2020 9:47pm | Edited May 10, 2020 12:05am
Ok secret recipe for greedy leversge trading.
register $2 company.






Trade thru company
Now you liability limited to $2


Your capital register as loan to company.

If over loss be 1st creditor sue your company bankrupt.
Liability limit $2

After that no onw will sue company.
No one want pay lawyers que behind you and get nothing.

For protection you pay company tax. Not income tax. For noodle is cheaper pay compny tax than income tax. Because company akso registed as incubator it company. 5years exhortion free. Hahahaha.
  • #61,975
  • May 10, 2020 6:25pm May 10, 2020 6:25pm
Some to heaven, some to hell?
Attached Image
  • #61,976
  • May 10, 2020 7:17pm May 10, 2020 7:17pm
https://www.facebook.com/melrobbins/...8/?d=null&vh=e
  • #61,977
  • Edited May 11, 2020 3:19am May 10, 2020 9:34pm | Edited May 11, 2020 3:19am
Dang, everywhere full of ghost.
where's all the people?

Ooop is ir hungry ghost month already?
I best go get some bread.
hungry.

https://www.facebook.com/BritainsGot...2/?d=null&vh=e

https://m.facebook.com/groups/388638...37&d=null&vh=i
  • #61,978
  • May 11, 2020 3:50am May 11, 2020 3:50am
https://m.facebook.com/story.php?sto...68&d=null&vh=e
  • #61,979
  • May 11, 2020 11:21am May 11, 2020 11:21am
Big holes everywhere.
Don't take from my pocket.
I 'm not on the dance floor.
Eeeeer them,
Take from their pockets while they dancing.

"Pandemic could rip 105 billion pound hole in small company finances" - http://uk.reuters.com/article/uk-hea...-idUKKBN22N2C3

Push the stocks orices high high.
the rich boys come buy, then you release the crane ball on em.
there, thats how you can fund the hole.
Get em married to the debt.
If still don't know get a woman boss. They have tricks.
  • #61,980
  • Edited 11:42am May 11, 2020 11:30am | Edited 11:42am
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