Objective Thinking And Trading

"EDIT 5: IN POST #520, PETER SAID : "5 instruments. 8 hrs trading. 1% per instrument. Now throw in whether you want to work correlated or uncorrelated and you have a simple approach to put to paper each and every day. In that 8hr period ANYWHERE within that day of 24hrs, if you cannot perform a 1% return on investment then you have no business trading, no matter how much you think you know." PETER, THIS IS PROOF THAT YOU ARE A LIAR. YOU CONTINUE TO CLAIM A 5% DAILY RETURN, AND YOU PROVIDE THE ABOVE COMMENT AS YOUR PROOF. IT'S JUST LOGICAL, RIGHT? YOU ARE A LIAR. YOU DON'T DO THIS. AND CLAIMING YOU DO ACHIEVE THIS LEVEL OF PERFORMACE IS INSULTING TO YOUR "REAL READERS". I'VE OUTLINED, USING LESS THAN A DOZEN SENTENSES FROM PETER'S POSTS, THAT HE IS A CLUELESS AND BRAINLESS PERSON. OBJECTIVE THINKING? I THINK EVERYONE KNOWS THIS IS A WASTE OF TIME."

No it's YOU who thinks it's waste of time. All a person has to do is go back and look at "your time" on these sites. They will see the evolution of you.... "GeFX". You are just a child. There's just no other way to say it.

As per what I said - It doesn't have to be per day. It can be per week or per fortnight or even per month. Whatever time people have to put toward their own trading activity. IF 1% is unreal for YOU then sure, I understand your complaint. Someone starting out can make it 0.25% or 0.5% as per time schedule. If a person does the math re: what I said = X instruments (How many are available to trade now?). 8hrs a day (Can be more or less time depending on your life). 1% per day (Again can be more / less % depending on your skill and plan).

YES I DID say that I do 5% per day. If you go back to the first point where I stated this, I said and restated .... on average. I was very specific when explaining these things because recreating that same exact % every day is not always realistic, so it will sometimes be above or just below BUT my goal and purpose AND PLAN, is to perform a 5% return in each sitting. The funny thing with you gamblers and "speculators" is this - you get carried away by the silliest things. It's almost retarded in its thinking. My outcomes are inline with what I know and can do. Nothing else.

IF you use typical gambling/speculation models then sure, you're screwed from the outset. You've cornered yourself in a dark room and now have no choice but to "trust and rely on" what the industry and everyone in it say you should use or should do.

Let me say that in a different way - The markets are not your friend. SO they don't "have to play nice". And they will do anything to keep people positioned, so as to make it easy/ier to predict their every move. For THAT is how you create "repeat business income". The fact ...... FACT ..... that so many people around, are now so stupid to put their trading plan/personal trading journals online for everyone to see and read and data mine ........ YEEEES people ..... real things DO happen ..... it just makes it so much easier to take advantage of people. As I have said before, people and bundles of money in the same room .... it changes people.

The fact that there are fools around who choose to overextend on their known knowledge, proves there HAS TO BE others who are better, more intelligent and more experienced. Why? Because that is how Life works. It's always a mix.

***Unlike liars and con artists, I sell nothing, I don't try to 'sell someone' on some idea or approach. There is no product or service on offer EVER. The validity of this thread in its entirety comes from the individual who seeks to do their own research, independent of the scum that still walk the Earth. So any shit slinging by anyone, including me, is dissolved by the individual seeking to do their own research and leaving the fools in their dust.

That is why the retards around can't change a thing. They can attempt to deflect or discredit but any person who wants to learn, need not worry about silly people....or even me.

As much as it's frustrating for me at times, having to deal with dickheads dressed up as knowledgeable folks, the joke's on them ....... it's NEVER been about me. So you're wasting your time directing it all at me. The things I mention or talk about are not "mine" to own or possess or take credit for in any way. So as I said, it's just egg on your face. The fact that some people are SO desperate to push the idea that all of "this" on this thread, is bullshit, should be reason enough for people to question their motives and reasoning.

So for people reading this, do yourself a favor and go read from the earliest to the latest entries of "GeFX" and really educate yourself. Don't take my word for anything. Do your own independent research. I know they're a schmuck but that's just me saying it.

Happy learning and trading

Peter

You cannot know if you'll even have a future if you don't look at where you're going.

That's why people need to go further in their studies and research. Whether it be re: trading etc, or just Life in general, the general public are constantly taken advantage of because they refuse to learn what is involved in the small, moderate and big picture.

So while morons make a big deal about banks and money and charts etc, some people are not as stupid or narrow-minded.

** If YOU are a person who "believes" that apples are "born" in the supermarket so people can just come in and buy them, then you probably also "believe" the status quo that is peddled everywhere surrounding trading and money.

And just a final note - I have never written any books at all ....that I would EVER then promote. No books written. No promotions OF any books written.

So don't worry GeFX and any like you ..... you'll keep. Count on it.


Peter

Here is a simple example of following a market vs tracking a market.........

Following ....



"Oh my god, what's it gonna do next?!" Maybe I'll use support and resistance, or supply and demand, or previous highs lows and sideways. Or maybe, go pay for extra data because I don't know how to look up resistance in the dictionary and try to understand the word games that are used to confuse people. Others such as - Risk ON/Off and Market sentiment, buyers sellers bulls bears "OH MY!" etc etc etc.

Tracking .....

Top down ...

https://www.cfr.org/article/central-bank-currency-swaps-tracker

https://www.cepal.org/sites/default/files/news/files/manual_on_foreign_trade_and_trade_policy.pdf

https://www.imf.org/external/np/exr/center/students/hs/think/lesson7.pdf

https://www.clarusft.com/usd-swaps-margin-calls-in-march-2023/

https://www.investopedia.com/terms/s/swapspread.asp#:~:text=The%20greater%20the%20risk%20of,fail%20to%20make%20their%20payments.

https://www.bis.org/repofficepubl/arpresearch200903.02.pdf

https://www.bis.org/publ/qtrpdf/r_qt2212h.htm

If you bother to "criticize" the source in any way you are missing the point of the exercise.

The above listing is not to overwhelm you into submission or merely to overwhelm you. No. It is to open your eyes to the world at large, beyond the walls of this site. FX trading has nothing to do with "currency of the day" and trading has nothing to do with profits. While many will choose to ignore this simple obvious reality, if YOU, will choose to engage with this information, you may learn that isolating currencies and trading from everything else is a recipe for insanity in the truest sense.

The central banks are mere middlemen in a larger view.

I told you I do not "trade" as others do. I don't really care about "correlations" as many people do. I am not interested in nor "convinced" by Risk On and Off models or sentiments. I learned that you cannot navigate what you do not understand. And people who are silly enough to ignore real life are setting themselves up for failure.

Now Down to Top

- Cost of living - Relating to Cause and Effect Yields
- DURATION OF Standard of living
- Currency Depreciation
- Primary Production then Secondary Production as a doorway TO Economic Debting Loads
- Insurance Annuities correlated to Treasuries (10yr +)
https://www.google.com/search?q=Treasuries+def&ei=4yVoZLPILvrC4-EPx5eDkAc&ved=0ahUKEwjzxZrh4oL_AhV64TgGHcfLAHIQ4dUDCA8&uact=5&oq=Treasuries+def&gs_lcp=Cgxnd3Mtd2l6LXNlcnAQAzIICAAQigUQkQIyBQgAEIAEMgUIABCABDIFCAAQgAQyBQgAEIAEMgUIABCABDIGCAAQFhAeMgYIABAWEB4yCAgAEBYQHhAPMggIABAWEB4QDzoKCAAQRxDWBBCwAzoFCCEQoAE6CAghEBYQHhAdSgQIQRgAUPsHWKceYO4faAFwAXgAgAH1AYgBuBCSAQYwLjEzLjKYAQCgAQHIAQjAAQE&sclient=gws-wiz-serp
- Centralized Corridors of War - Eg. - NATO, UN, USA, China etc etc. and of course world wars. Why? Profiteering occurs most heavily during war times or war LIKE times eg. "GFC". Other examples would be conscience driven platforms that feed on the ignorance of the general population eg. world "hunger/famine/plague". Hint. Hint.
- Cause and Effect Yield = The principle of what one thing is "worth" vs another thing. Belief vs productivity. Eg. A chunk of gold vs a piece of fruit or vegetable etc.

People. Money Flows (Money 'of the day', Primary and Secondary production etc). Debt. Labor.

Now stop. And look at your own life situation. Consider your level of living. What you earn. What you pay and what costs what.

Just as people (usually) have to balance out what they earn with what they have to "pay", the further up the food chain you go, the more it all does both = balances out AND unbalances. But it all depends on HOW you look at everything. Context and perspective matter.

So the next time you "think" you know about the world you live in, stop yourself from assuming you know ANYTHING truly worth knowing.

Despite the interference attempts by some, this thread is a type of compilation for you to access to try and learn rather than always just "get".

Happy learning and trading.


Peter

PS - If you won't agree to help yourself out of the hole, then no one can help you. But this choice can change.

"Debt is all around you ..... you feel it in your bones" .....

I'm sorry but I find it very funny when people can't see through the charade of "news", "economic forecasts/data", a price chart and worst of all ..... what another person "says".

Below is a little something from back in Feb 2021. It's a decent read and should give insight to the reader regarding money, debt and "activity". Hihihihihi. Not my work but seeing as I used to work with Bonds and other things, I couldn't resist sharing this so you KNOW .... once again ........ that what is on this thread is true and real. If you want to be a child and believe that central banks or "liquidity providers" are the source or scourge of trading and "money", then you go right ahead and live in that fantasy place.

"When your tools make you slow and stifled, you're screwed! You're now someone's next meal".

Happy learning and trading

Peter

PS - Please remember to have a pen and paper handy when reading. A good idea to take notes.

From Feb 2021......

https://www.msci.com/www/blog-posts/cross-currency-credit-spreads/02314784529

From December 2022 .....

https://www.bis.org/publ/qtrpdf/r_qt2212f.htm

People need to stop being straight line thinkers. Serves well short term, kills long term.

Peter

Here's a simple Life Lesson ... The usual trader will find, that the things they need to learn as a person (self discipline, awareness, observations skills etc) are best learned under stabilizing conditions. And an example of this is when the person is creating their own blueprint of the markets, the industry, money, debt and society. And so despite the "popular belief" - you learn on the job .... in trading this is GREAT way to lose your shirt.

Whenever I am on these sites, it's always interesting to watch what people do and say. It tells a lot. People trying to improve but have decided to side step learning the human basics that are required in trading. Yet cannot understand "why" it's taking so long to genuinely learn. So I ask myself this question - "What is REALLY to be learned that makes a person's trading successful?" A chart is just a graph. A price is nothing like what people expect it to be. A broker is just a broker. So other than "money", what is a major common denominator here? The person maybe?

Interestingly, these aforementioned human basics are NEEDS for a trader, not a "WANT". And so I find it a tad curious when apparent experienced traders or people on here, who have inhabited these sites for a long time, have yet to really learn about these things in ways other than what's on a website or in a textbook.

So a person has two choices -

Either learn these basics while you do your preliminary research OR ... try to learn and adjust and adapt as you go. The interesting thing here is that these same basics are required to DO the research not ONLY the "trading" part of the activity. Therefore, ask the question - What comes first ... the trading or the research and learning?

This is something you will need to come to terms with if you want to be more than just a "dirty speculator". I LOVE that a particular person said this to me on this site when they did. It's stayed with me mainly because it's what THEY thought and said, not me. So when I now say it, you know that I want you to be better than THAT kind of person.

And so, as some on these sites don't like me talking about the things I do in the way I do ....... I say .... Cheers ....... for making the process I have put in place VERY effective. While you think you're getting away with slandering me or smearing my input, it only helps to provide examples and provide footholds for those who want to and will indeed learn beyond you. So it makes no difference "who" you are beyond this site.

Happy learning and trading

Peter

Context is a tool poorly used by some people. Many a time, people tend to assume an opinion is just a "thing you believe or reckon is your view". But this is rarely the real truth. An opinion has specific ingredients. You can use trading to gain insight into this thing called an opinion.

Its made of a little information, personal preference and a lot of comfort zone and hope. The same can be said about how people use context.

Trading just as in for eg. governments, is made of different sections. When the parts work together they work well. When there is conflict of interest or abuse, then it breaks down.

Trading as is with a government, is made of it, if, where, then, why, who etc.

So just as with any government, trading cannot have the person separated from its existence, because its very existence is based on all parts included. So, for eg. I saw someone on these sites write that governments don't pay for anything, that people do. This, in specific contexts, is an untruth and misnomer. A government is not a law or rule alone, it is the actual designated entity type and its formalization, it is the departments that are setup to oversee and manage everything. It is the processes - both inside each department as well as the connectors to other departments and the connectors that branch to other areas outside that department's overall government. It is the people that are furnished with the position and responsibility of that position and the accountability that comes with it. And it is the beliefs that envelope the concepts of government.

So in essence, a government is meant to be no more than a consistently present responsible manager and conduit. This is of course when its systems are mandated for the proper management of the system, including people. When it's not doing this, then you know something has gone wrong or is broken or damaged...... malfunctioning. But what could have become damaged? The processes? The People? The internal/external systems of management?

And so it's the same in trading in whatever form or area. As I have said many times - "All subjects are contained within a single space and time". So to speak of one thing gives rise to the opportunity to speak of them all, while maintaining proper context and thus realizing how they affect each other. This is something I find many people are lacking in their thinking and beliefs these days and it is particularly obvious on these sites.

When reflecting on trading, as with any government, the idea of separating people from the function and outcomes of your focus and its focus, in the big picture, is insane and completely impossible. Sure you can say "this strategy/government sucks and should be replaced", but the function still remains even if the "thing" (people in charge/strategy) is removed and then replaced. The deeper layers always require a second look. If you do not understand the concept of layers please go back on this thread and review the content. In this area, it's not about "questions and answers" it's about knowledge and how it relates to what you see or look at and HOW the relationships are connected.

In trading, to blame the market or the strategy for poor performance or failure, is akin to someone blaming the government for what has happened to you or for the emergence or existence of a specific situation that you believe has a negative effect on you. To say that people pay, not the government is merely one perspective or context. To say that it's not just a perspective is now leaning into the area of judgment; the self conclusive extension of opinion. So now with this you have cornered yourself. You have forgotten that both you and the government (or trading) have many parts that are the same or similar. For one to exist the other must also exist. It is basic circumstance that has one lean while the other retreats. And then at some point, the reverse happens.

This idea that a government (trading strategy) is "wrong" or the "bad guy" is the game that is setup for people (the general public) to play because it keeps them off balance. It is the game of "swords and shields". There is no wisdom in that alone, unless you are willing to appreciate that at a point in the future, you are going to use that strategy and so, part of you has to "attach" to it, mentally and or emotionally. You have to be invested in its use and success. In time and effort and "wanting it to be right/profitable".

And so, when I read or hear or see people talking about these things as if there is some separation between the general public and a government, it immediately tells me 2 of several things - either this person is trying to influence people, OR, they genuinely hold to this view and do not understand what is in front of them..... for your government/strategy to be 'bad' or corrupt, the person must be complicit on 1 or more layers, on more than 1 level of their own existence. As I said, for one to exist so too must the other.

Complicit Witness: Someone who observes or witnesses a crime or wrongdoing but does nothing to slow it down, halt its progress or reverse its progressive process.

It's the same with your trading. As soon as you pit yourself in an "Us vs Them" scenario, you've just lost the "war". You may win some battles but "they" will have the last laugh and you've just proven you've learned nothing and possibly haven't passed anything on to your family and friends that will truly help them in any type of "bad times".

For some they might read this and think "this guy hates government". No. I believe that at times they are needed in some form to manage some parts. I merely look with better/more eyes to see the picture that is there, instead of being persuaded to submit and allow my views to be tainted.

Below are some examples from a concept's perspective to show you ....





Although context is not properly taught at school level for all people, now is your chance to try and understand why the "game" has been continually outsmarting you.

Let's examine this .....



This is one way to portray modern people's ideas of thinking. If you think about this for some time, you may notice how ridiculous and rather disgusting this concept truly is in real life.

Next ....



An external example of a pathway for inquiry.

And now this one ....



While most people who trade or try to trade, fall into the deep end of it all, you must remember that the person performs the trading activity. This needs to be one anchor you use to keep you sane and remain observant.

Trading can and DOES reflect real life in so many ways. The person, All perspectives. All contexts. Needs before wants.

Happy learning and trading.


Peter

In an interesting way, here is a view on how to understand the world around you as well as trading ....

 

1. https://insight.kellogg.northwestern.edu/article/exchange-rates-predictions-real-nominal#:~:text=They%20found%20that%20the%20nominal,goods%20in%20two%20different%20countries.

Time will tell whether people choose to keep their heads up their arse or if they learn.

"When most people have the same kind of opinion, it usually means the bagman is in the shadows".

People really need to do more study and less tv and movie watching.

Happy learning and trading

Peter

Transferable Subjects, Learning and Skills .....

Watch video first please ....

https://www.youtube.com/watch?v=cD_3e6BrC-E


Forward Thinking is simple. Know and understand what you're dealing with and plan ahead.

In trading, this works in different ways. Most people do not understand probabilities so they use R:R and Win S/R.

"If I put X number of indications in front of me and create 'confluence' then I can win my trade". Nope, sorry. Those probabilities will never perform well long term. NOT talking about long trades or long time horizon positions, but long term AKA in the long run. Why not work? Forward planning or the absence thereof.

Spec traders use their ass to see the future. "Other traders" use forward planning..... foresight and common sense. Now go watch that video again and think about the use of time in YOUR trading activities. I'm not talking about mechanical setups or algos. First the ability to see that a chart is literally the last link in the chain. Now go watch that video again and take notes.

Lead the target. NOT blind trading. Not systems or "market routine". Foresight. No ... it's not on the chart. Or on "forex factory" !!!

Foresight. Do you know why most people don't talk about it ? Because they don't use it. Many I come across don't even know what it is.





"Don't get in when it's in the middle". "Always get in at the upper or lower edge of the range". Waaaawaaawaaaaaaaaaaaaaa.

Ever wonder why people have said this? The answer is simple ..... they believe in the public probabilities of "trading financial markets".

Question .... If you prepare to run a race and you still have not been told where and when it finishes ...... IS IT a race?

Not knowing / being aware of the end point/result yet still choosing to engage with probabilities alone (that are based in a world of thinking that require the end result to be noted that then substantiates those probabilities) is kinda stupid don't you think? Yes I said stupid. Unintelligent, without proper awareness and definitely for the gullible and naive.

IF you do not know or have any awareness of what the next outcome may/will be, then you are merely using a 50/50 workspace. Any indicator that is a derivative of the chart is not confluence, it is just coded projection.

If traders were to learn this one simple thing, and also translate this into some kind of conceptual learning for themselves, then real life would be different. Biases on chart carry less relevance than you think with outcomes. Whether you trail your stop loss or not.

What does this translate to for the average trader?

A Life Lesson where there is a stark difference between "calibrated" biases and real life.

If a trader relies too heavily on the superficial things then they are pokin' the bear. Of course I come at all this from the perspective of a real person who uses real money not a hobbyist or pretender. So it's funny when people talk about R:R and Win SR's. If you take a proper look, each and every feasible setup offers exactly the same %'s...... 50/50. It cannot be anything else because your equation is fundamentally incomplete.

So whether you're a breakout trader, a swing trader, a scalper etc etc, makes no difference. This is the cold hard to learn truth about your modern trading. I say "your" because for me, people are gambling these days. It's not trading, barely even resembles trading. And no, that's not something to be proud of or to rejoice over. It shows that people will believe anything for a little "convenience". So you'll have to excuse me for not kissing the ass of all the apparent "experienced traders" around. Stupid follows stupid. And so does desperate.

What's worse to concede, is that people are doing the same thing in real life. I nearly ran over a person with their head buried in their phone in the middle of the street yesterday, talk about stupid.

I had one guy, recently, try and tell me that computers can do a better job at trading than a person. Yeah uuuum .... No.

Computers cannot see around corners. Have no intuition or creativity.

So if you are wanting to learn to trade, ask yourself this quick question - "What separates spec traders from others?"

Here's the answer - spec traders believe their job is done once their account goes flat. For "others" their job begins once the money hits the accounts.

See? Fantasy football vs Real Life.


Live Long and Learn Something.

Peter

Someone asked me about use of swap spreads. But to properly understand them one needs to first address the basics, then the contexts used. Since I'm not trying to play "guru/teacher" here, a person needs to do their own thorough searching and reading. To get you started, one quick search out, I located these two locations. Best to have a pen and paper ready to take notes.........

1. https://www.pimco.co.uk/handlers/displaydocument.ashx?wd=Application%20Form%20&fn=45177%20Understanding%20Interest%20Rate%20Swaps.pdf&id=unAKMXLOfeGN89pqGNRkeIk18wG%2fE8UEV6In9Ur6b1iYqNoRqey8u3SzcrlOtPYW%2bjIEHHmHa%2bElJT6CYHgQ4CUNlPhyHQQS0PidhiaS1nG06r6W1gtjJxD9PMkrT%2ftJ8cgKi%2fEeal%2bLiA9H9Ka91KYVmgcWxZqgCRnqU2KjlSqDfLlWRG%2feaMIHYHbAR%2bUz8ExGMd1VXuxGeEnAdY0hfNA8hxp3pawEDhX0LqMmaBpQpfJ9%2fQglBE9NK6XZsMwyA068AbfB%2faFFwqR%2fGvP9FZLNu%2bDpzOmaSvM3W5N24t1whS46aQvQ9KAFFw%2fsrTI7aS0minWwt7qkA5LGWh7AEhLQTS9THgugUydTMg5f91o%3d

2. https://www.bis.org/publ/qtrpdf/r_qt2212e.htm

As I have said MANY times, most of what people "say and think they know" is just plain wrong. End of story. So please top listening to "website junkies" and ACTUALLY do yourself a favor and learn something meaningful and useful.

Happy learning and trading

Peter

For people who can still think on their own, here's someone talking about many things I have been aware of for several years before it became popularized ......

https://www.youtube.com/watch?v=GdEKhIk-8Gg

People do not need more information, they need to grow up and learn.


Peter

I would have liked to ask McKenna what happens if hypercomplexification ends up preventing a type of novelty that requires a less complex system to come into being?

A simple example is Chicxulub, the asteroid that destroyed the dinosaurs and allowed the evolution of more complex mammals, such as humans. It seems as though sometimes the slate needs to be wiped clean, if you will, to permit a different type of order to form.

If nature aspires towards hyper complexity then it seems like that is not always a straightforward process. It may even be contradicted by Plato’s principle of plenitude which has been my pet theory for the ‘motivation’ of Nature, if anything. If Nature eventually wills everything that can exist into being, that would include and also (maybe) exclude hypercomplexity.

I sense that we humans have more basic lessons and principles to learn and master before worrying about everything else. Very likely, "the universe" will adjust its "approach to us" as we show ourselves to be either maturing or not. One leads to more life, the other to certain death and absence. But the theories are never competent unless you use a formidable example and what could be better than life on Earth 2023. The here and now. Overpopulation for eg. happens for more reasons than people think. As does the overcrowding of ideas re: an activity eg trading etc. There are always saturation points. We as a species just aren't mature enough to wield certain things at present. Plato knew this I'm sure. McKenna too. If you don't apply context then yes there are many contradictions that may present themselves. Just my input.

Peter

I wonder how much time in their life, people waste being on these silly sites? The human species thinks it's "all that" but cannot fathom the basics when you get right down to it. Very sad.

"Yes the people on these sites are "traders" etc. Just as all those people on "the discord" are "traders". Just as those on youtube are too. Seems more like one big chip on their shoulder to me.

Money means nothing if you have no time........ or common sense.

Peter

How would you solve the issue of "how to resolve the initial step to trading"?

For example ----

https://www.google.com/search?q=groundstate+in+physics&oq=groundstate+in+physics&aqs=chrome..69i57j0i13i512j0i5i13i30l2j0i5i13i15i30j0i8i13i30j0i8i13i15i30j0i8i13i30j0i390i650l2.5827j0j15&sourceid=chrome&ie=UTF-8

And after reading a little of that, try this and begin at 1.35mins in .....

https://www.youtube.com/watch?v=61FasQ6KQCI

And now, after listening to his answer to the question re: ground state ....... consider the reason why most people are addicted to the idea of speculation rather than real life management and Risk and how to address the initial step of trading.

You're not helping yourself "trying to be just like everyone else" on a website.


Have fun.

Peter

If someone relentlessly disbelieves the basics of trading, finance and business then what are they doing?

In trading CFD Fx, for eg., you only need 20-40 pips in one day to achieve 1% ROROI, depending on what you trade. This is relating to your account and not based on Daily movement of the instrument. As for order size, that's your business.

All you need do is setup a way to indicate profits after your trade order is closed. Once you take trading costs into account via the broker etc, you're now in the arena of net profit. And so, depending on your tax situation, you can now see that a 20-40 pips range will give you your 1%. Please don't take my word for it. Market's pip value and total capital gains as at close of your order. This is the simple method to see and understand these values. Do your math and stop following other people.

Peter

Being someone who studies many things, I find it rather disturbing that people are paying less and less attention to real life.

People many a year ago (and century ago) used to more closely resemble this .....





But now, in 2023, it seems that people more closely resemble this ......





Keeping up with "current events" is a great recipe for insanity. Why say this? If a person has no knowledge of what all these things are anchored to in real life, then you will forever be swimming around on the surface of things. "Modern normal people" think they've "got a good bead on things" but really it has a good bead on you. The same goes for the "alternative crowd".

The rather funny things out of all this is, NOTHING that is has to be so. People don't have to be so easy to manipulate and con, don't have to be so spellbound by money and the acts of cruelty that occur due to its forceful pull. And people don't have to be so self absorbed, selfish and so desirous to pretend that they are the center of the world and nothing is going to affect them or their "loved ones".

Funny how when 9/11 happened most of the whole world "stopped turning" .... at least for a while ... to observe and engage in the tragedy that befalled our global society. Was it due to the drama, fear, our incessant obsession with death and destruction? Or was it because something so profoundly piercing happened that it caught people's attention. For me, I didn't partake in the situation til much later in the day as I was working, but people were SO traumatized and bedazzled by it all, that it clearly never occurred to them that an unhealthy society automatically breeds further unhealthiness..... perhaps even insanity. So while many were looking for someone to blame, for me, I just sat there mostly unsurprised because I've known for a very long time, that when the general public steps away from participating in making things run well, THAT is what you end up with. That probably sounds callous, but it's not. Bad things happen to wake people up to themselves and their "ways".... traumatizing them is NOT the only option of how to see it all. Most people never learnt the lesson that it's usually traumatizing because you're missing something. Because you have ignored something and now ...... you're disturbed by the reflection of reality in front of you.

It's the same in trading. Shutting off your emotions to "deal with trading" is a coward's way of facing what you need to learn. Ignoring the losses as a means to escape facing your failings is another way to try and escape the lesson.

So, trading or real life, it's the same. What I personally find intriguing, is how many people today leave the big decision making in the hands of those who have proven for centuries, that they either are not responsible, or, are in full knowledge of what they're doing and so, from another perspective are in fact being VERY responsible, just NOT for the greater good of society and or its people. Now you may think this is all getting "too political" for you to keep reading, however, I have found that people try to escape the responsibility then face the severe consequences of it all at a later date. Not very smart.

Once you try learning and realizing that it is ALL political in some context, then you can stop trying to run away from it and just stand still and look at it. "Man's theatre of politicking" is extremely ......useless. To me, I sense THAT is why the common man and woman finds it soooooo boring.

In trading, if you run and hide from something you KNOW you need to face, then you create more and more problems.

So how do you get everyone on the same page?

Will it take another 9/11 event to make people stop everything to actually learn something? THIS is one of the main questions of our era. Has the human race become SO tenderized they are now primed for the next stage of activity? Newly installed developments eg. Central Bank digital currency is one such example of how the tide is changing. Let's watch and see how many still have a heart beat and a brain that works.

The one main area to focus on with all these things, be it your trading or real life situations, is this ------ what are and will be, the real life implications and ripple effect of these changes? Because most people believe a "system" cannot change, they merely assert that their leaders will "do" the changing. But there are many times in human history where people have not "waited" for the "leaders" to assert the change. But if people are hyperfocused on the nightly news or what's on tv, then really, they are showing and thus declaring they no longer resemble a human being. Why ? They are not reflecting the characteristics of a human. More like an animal on a leash.

You as a person reading this need to grow out of this feeble idea that the "leaders" do everything "for the people". IF this was and is true, your global society would be SOOOO much better and healthier to live in. The human species would be much further along in its development/evolution (depending on which way you choose to see it). It all boils down to priorities. What is the point in a parent telling their child "I love you" yet has little understanding of their own society. It has nothing to do with formal education. IF you love that child you want that child to be happy, healthy and ....... SAFE .... right??? How is a child safe when society works against that child......from birth to death? The only way I have found to really show that love is to educate myself as a parent THEN find ways to educate that child.

If you choose to realize ...... just as in your trading activities, that you are assembling a network of understanding, NOT JUST a bunch of information and facts, then MAYBE you and your family can rise out of the muddy waters and learn.

I've seen it happen many many times, so I know everyone can do it. You just need to prioritize in a way where reality meets you instead of fighting it or trying to escape it.


Happy learning and trading

Peter

I went to the theatres yesterday to watch the new oppenheimer film. I found many old themes replaying themselves as well as some new ones.

I found the movie trying to deface the argument of nuke power and not. But that's not new. Both my wife and I found, that since they based it on a book written about his life and involvement in the h-bomb project, they melo-dramatized it all and went so far as to defame his life, livelihood, his work and his involvement with the US based activity. I also found that it did a very energetic job to deface the USA in many ways - its policies, its ruling view on war and science and the people that work inside each branch. They even roped in Einstein, his apparent "quotes" and ideologies made famous as well as his work and views on the entire situation of the bomb, the science and the USA's perspective on the rest of the world. Not to mention the 'revolving door' related idea of 'one perspective is the right perspective'.

Why am I sharing this here, with you on a trading website?

Because many people do the same things as they see in films and tv shows. For some the process and ignition of "newly installed" ideas, opinion and thinking is immediate while for others it takes a little longer.

How so?

As I do, I usually find a seat in the far back rows because it's more comfortable and so I can observe people as they come and go. Yes I find people rather fascinating.

On this day, after being hit with so much theme and sub theme information, the credits began to roll and I found it rather interesting (and disturbing) how most of the audience just got up and began piling out the exit doors. No crying, no laughing, no arguing, no discussion.... nothing. Basic silence as the credits rolled and music played. For anyone who has not seen this film, it's somewhat based on Oppenheimer's life, his work and involvement with the creation of the bomb the USA dropped on Hiroshima and Nagasaki to end WW2. But the really striking thing about it all is the way people responded to the details of him and his life. During and after the film, the audience behaved just as if they were watching some fantasy film or action flick.

So I ask myself if people actually can appreciate the reality that has been presented to them? Do they understand that it was not some fictional movie but really happened (to whatever extent)? Do they comprehend the connection between THAT world within history to the one they now live in? Do they understand that they're no longer residing on the same timeline as was offered back then, before the US and the scientists all decided to do what they did? Do people grasp the gravity of what they as film patrons, have just been presented with in the CONTEXT of HOW it was presented?

Themes such as -

* Let go of the past
* Both fear and embrace the future
* Humans are no good
* Being promiscuous is both healthy to some and unhealthy to others
* "The Mission" is more important than Life
* Don't screw with "authority"
* Women are stronger than men
* Men consistently make bad decisions and women make 'better' decisions when they believe it's "just"
..... and many MANY others.

So what's this all got to do with trading?

For me, trading is just an activity. It's neither more important or less important than others. And so what a person learns along the way, regardless of the activity, in many ways, is far more important.

Trading could end tomorrow .... you don't know if it will. So what have you learned along the way?

In trading, people just don't fathom the relevance they hold in all that happens. Yes people bicker and argue over stuff but you cannot hide online forever. At some point the real world catches up with you. No amount of "virtual reality stuff" can resolve that.

So here is what I wanted to share with you today ......



Every lesson comes full circle for you. The question is - will you wait til it's too late to try and learn the lesson? Will you continue to ignore everything else but what is right in front of you? CAN you really afford to keep doing this?





Most people may have encountered this before but you must understand that it does not just relate to marketing. It relates to everything around you. Most people try to hold onto 1 or maybe 2 perspectives all their life. But this is very unhealthy. Why? It leaves you open to all kinds of manipulation. "Being sold on" ideas that are not your own, is a classic one. I mean, take a look round this site and all others like it. Is it surprising that most people "get sold to" instead of doing their own independent due diligence. But people don't ask the hard questions or the big questions. It has nothing to do with being incapable. Partly, it has to do with what they believe about themself AKA self value. No psychobubbles here, just good ol' basic value. NOT what society says is your worth, value and place. But something real. It's always funny to watch those people who make fun of genuine personal development. You know the ones - they're the people who scoff about it all and accuse you of trying to be "a guru" or some other thing. And if you watch long enough, you'll notice that they have no idea what they're talking about. Merely trying to mask their contempt for it and the "misfire" they're experiencing in their own life because "they don't see the point of it". The more shallow you are, the more easily you're manipulated by what you do not understand.

So what's the connection between me watching that oppenheimer film and trading?

Every situation shares and experiences all subjects at once. All you need to do is stop listening to artificial ideas and start to ask better questions and different questions and have the courage to ask the hard questions.

Happy learning and trading


Peter