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  • #854,161
  • Feb 15, 2025 2:08am Feb 15, 2025 2:08am
Quoting RoelsMajor
{quote} I don't really understand when people talk about investments, except for government bonds (which are safe), bank deposits that are guaranteed, dividend stocks, or cash in hand (a lot of cash), little gold and silver, and hobbies. In our lives in Asia, we are an ethnic group that never agrees to any kind of tax except for a small one (just 2.5%) on all your income per month or per year. Anything beyond that is used for the pleasure of civil servants or officials, and always for corrupt politicians, or subsidies to large businesses and super...
Kinda like collect less tax, so there will be less money around to spend on social programs where they are wasted on mostly immigrants that come and take our jobs?

Or, the rich is rich and can pay for meds, housing and all sorts of things already. Why should the rich pay taxes for the lazy poor to keep them alive?

Tax should be minimal to keep law and order and the poor should step up and rise up to our level, so we won't need to spoon feed them our hard and smart earned monies?

Sounds totally of that tribe.
  • #854,162
  • Feb 15, 2025 2:11am Feb 15, 2025 2:11am
Quoting Waveskierrob
Well that's me done for the week closed all my negative trades start a fresh Monday.... {image}
Usually I would trade out of these trades in previous post above, but have decided that it takes to long watching my profit and loss always in the red which may have an effect on my decisions as I would be bias come Sunday night, so will close all before 9pm GMT on a Friday, this in it's self has been a big psychological for me let's see how it goes, so far to date this year.....go hedging and averaging...
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  • #854,163
  • Edited 2:26am Feb 15, 2025 2:15am | Edited 2:26am
Quoting OutThere
{quote} Kinda like collect less tax, so there will be less money around to spend on social programs where they are wasted on mostly immigrants that come and take our jobs?
The statement that immigrants are taking over many jobs is actually incorrect. The job market operates on contracts between employers and employees (workers), based on mutual agreement and minimal regulation. Many jobs taken by immigrants are those that the native population is unwilling to do, often referred to as menial jobs.

As for social programs, what can be considered appropriate? Everything is an experiment until the government is willing to implement a universal basic income, potentially allocating one-third of the national budget for all citizens (guaranteeing the resolution of social income issues), but are they willing to lose control over people? It doesn't seem so. For now, the reason given is that the country cannot afford it or that the cost is too high.

Taxes from the rich and the poor are collected into a pool of money and distributed, but often face bottlenecks. In its basic concept, no one is poor because everyone owns land and has rights to the produce of the land, so there is no concept of modern slavery (working for an employer), but trade is allowed. Everyone, both rich and poor, pays taxes except for the very poor, who must be given relief. This does not mean that capitalist and socialist concepts cannot coexist, as seen in China today.
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Meditation All Time Return: 8.9%
  • #854,164
  • Feb 15, 2025 2:26am Feb 15, 2025 2:26am
Quoting RoelsMajor
{quote} The statement that immigrants are taking over many jobs is actually incorrect. The job market operates on contracts between employers and employees (workers), based on mutual agreement and minimal regulation. Many jobs taken by immigrants are those that the native population is unwilling to do, often referred to as menial jobs. As for social programs, what can be considered appropriate? Everything is an experiment until the government is willing to implement a universal basic income, potentially allocating one-third of the national budget...
So, you like the centralized, authoritarian control and direction by someone who supposedly knows what he is doing. You are happy he is leading you to your dream utopia of small centralized government with all the intergovernmental obstacles taken out to speed things up. And with that comes power and control and riches and dominance bla bla
Pretty much a republican minded fan of your saviour. Obvious.
  • #854,165
  • Feb 15, 2025 2:32am Feb 15, 2025 2:32am
Quoting OutThere
{quote} So, you like the centralized, authoritarian control and direction by someone who supposedly knows what he is doing. You are happy he is leading you to your dream utopia of small centralized government with all the intergovernmental obstacles taken out to speed things up. And with that comes power and control and riches and dominance bla bla Pretty much a republican minded fan of your saviour. Obvious.
No. Since long times, we have been a small country almost without a head, where the Sultan was merely a symbol of power, and the representatives of the states made the decisions. However, we also implemented a social safety net within reasonable limits. It was not a utopia, but the West, with all its cruelty, destroyed and colonized us. So it seems very clear that you lack understanding of the world in this regard. Man. You want to impose all Western and American models on every country. Indeed, there are periods when it succeeds, but in the past, when you were in the Dark Ages, we were already shining brightly.
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #854,166
  • Feb 15, 2025 2:37am Feb 15, 2025 2:37am
Quoting RoelsMajor
{quote} No. Since long times, we have been a small country almost without a head, where the Sultan was merely a symbol of power, and the representatives of the states made the decisions. However, we also implemented a social safety net within reasonable limits. It was not a utopia, but the West, with all its cruelty, destroyed and colonized us. So it seems very clear that you lack understanding of the world in this regard. Man.
Ok, man, peace.
You have an issue with the west and at same time applauding it's leader.
  • #854,167
  • Feb 15, 2025 2:47am Feb 15, 2025 2:47am
Quoting OutThere
{quote} Ok, man, peace. You have an issue with the west and at same time applauding it's leader.
I have a problem if people view everything collectively, then I will be general, and if someone only criticizes the issue specifically, then I will be specific. If we judge your leader as bad, it is based on our perspective. If Middle Eastern countries prosper because their monarch leaders are good and just, that is their advantage. Similarly, if you consider the leaders of China and Russia to be bad, ask about the good aspects. Generalization based on good wisdom leads to a more specific direction, but it is 99% wrong if not. Peace then.
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #854,168
  • Feb 15, 2025 2:50am Feb 15, 2025 2:50am
Quoting Waveskierrob
{quote} Usually I would trade out of these trades in previous post above, but have decided that it takes to long watching my profit and loss always in the red which may have an effect on my decisions as I would be bias come Sunday night, so will close all before 9pm GMT on a Friday, this in it's self has been a big psychological for me let's see how it goes, so far to date this year.....go hedging and averaging... {image}
Hey man, any chance you'd open a Darwinex account? Even for fun?
Maybe you have talked about it before?
Just curious, why would you or wouldn't you?
  • #854,169
  • Feb 15, 2025 2:55am Feb 15, 2025 2:55am
Quoting RoelsMajor
{quote} I have a problem if people view everything collectively, then I will be general, and if someone only criticizes the issue specifically, then I will be specific. If we judge your leader as bad, it is based on our perspective. If Middle Eastern countries prosper because their monarch leaders are good and just, that is their advantage. Similarly, if you consider the leaders of China and Russia to be bad, ask about the good aspects. Generalization based on good wisdom leads to a more specific direction, but it is 99% wrong if not. Peace then....
If I was an Iron hand dictator, I'd love to have a few million of you at my feet.
Kinda like those guys with white paint and metal spay cans.
I guess democracy was always overrated anyway.
  • #854,170
  • Feb 15, 2025 3:01am Feb 15, 2025 3:01am
Quoting OutThere
{quote} Hey man, any chance you'd open a Darwinex account? Even for fun? Maybe you have talked about it before? Just curious, why would you or wouldn't you?
I have my own account with IG so why would I open another account...
  • #854,171
  • Feb 15, 2025 3:02am Feb 15, 2025 3:02am
Quoting OutThere
{quote} If I was an Iron hand dictator, I'd love to have a few million of you at my feet. Kinda like those guys with white paint and metal spay cans. I guess democracy was always overrated anyway.

Yeah, just like how democratic leaders meddle in other countries' affairs and kill people all over the world, including 40 thousand people recently in Palestine. It seems like democracy is way too overrated. I just Lol I think just let it go. I think this has gone too far, my man. Someday, wisdom will come.
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #854,172
  • Feb 15, 2025 3:08am Feb 15, 2025 3:08am
Quoting Waveskierrob
{quote} I have my own account with IG so why would I open another account...
I think maybe that means you could or are already connected on Darwinex, not DZ or something like that.
  • #854,173
  • Feb 15, 2025 3:10am Feb 15, 2025 3:10am
Quoting RoelsMajor
{quote} Yeah, just like how democratic leaders meddle in other countries' affairs and kill people all over the world, including 40 thousand people recently in Palestine. It seems like democracy is way too overrated. I just Lol I think just let it go. I think this has gone too far, my man. Someday, wisdom will come.
I see, so Trump isn't/wouldn't/won't meddle in other countries' affairs and kill people all over the world, including 40 thousand people recently in Palestine? Because he is a republican and they don't do bad stuff like that?
I'm out.
  • #854,174
  • Feb 15, 2025 3:14am Feb 15, 2025 3:14am
Quoting OutThere
{quote} I think maybe that means you could or are already connected on Darwinex, not DZ or something like that.
Sorry buddy not following you....
  • #854,175
  • Feb 15, 2025 3:17am Feb 15, 2025 3:17am
Also nobody claimed democracy was attained by democrats and we should keep in in their hands.
Democracy is a delicate work in progress and takes years to attain it and checks and balances to keep it alive.
There is no rejoice in seeing it breaking into pieces in the hands of a strongman...
You seem happy to see it gone.
  • #854,176
  • Feb 15, 2025 3:19am Feb 15, 2025 3:19am
Quoting Waveskierrob
{quote} Sorry buddy not following you....
You know, Darwinex, race for receiving allocations, investor capital, living the dream life off of 15% performance fees?
  • #854,177
  • Feb 15, 2025 3:30am Feb 15, 2025 3:30am
Quoting OutThere
{quote} You know, Darwinex, race for receiving allocations, investor capital, living the dream life off of 15% performance fees?
will take a look when I have a minute...
  • #854,178
  • Feb 15, 2025 3:36am Feb 15, 2025 3:36am
Quoting Waveskierrob
{quote} will take a look when I have a minute...
Awesome. Thanks.
  • #854,179
  • Feb 15, 2025 3:39am Feb 15, 2025 3:39am
Quoting OutThere
{quote} You know, Darwinex, race for receiving allocations, investor capital, living the dream life off of 15% performance fees?
Nothing special with very bad reviews, here's one example....
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IG been going since the 1970's I think I'll stick with them, thanks for the heads up though, you never know....
  • #854,180
  • Feb 15, 2025 3:43am Feb 15, 2025 3:43am
I forgot to wish Zeb happy Valentine's day.
So I drew a painting of him sitting under a candle light. An old hand drawn chart in front of him with parallel lines drawn at tops and bottoms of the chart.
He is deep in thought about how to take advantage of the price movent.
As always, the question is when to buy, sell, hold...
What would Wyckoff do indeed?
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