very good coment
The Chonchy
Walk the Talk from a fun loving discretionary trader 46 replies
You talk the talk I walk the talk 8 replies
DislikedActually with the right risk management and exit strategy a coin flipping strategy can be profitable.Ignored
DislikedHi All!!!
This is funny, I recently had such a discussion with a fund manager friend and we had proved it using TradingBlox. And it is trueIgnored
DislikedLots of converging triangles and ma's. I like USD/JPY. I will probably try to trade them all and lose money on all of them.
Anyway. Apart from I'm worried I've [possibly] offended chonchy that's all the news I have.
Except this: 95% of traders would be better off tossing a coin apparently. And the other half don't know what they're doing.Ignored
DislikedSeen not offended people before, they ain't look like chonchy right now.
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P.S. just adding fuel to the fireIgnored
DislikedIf Bernanke goes crazy and raise rates just a lil bit today, it's gonna be such a confusion...Ignored
Dislikedcould you amplified in that coment, i mean make it wider, more explicit for the dumb incline hereif, and is a big IF, feds raise interest rates, is good for the currency so it should bring the yurrow down, but isn't true that lately things that are good for the dollar make people run with the other side of the pair, the yurrow in another words, please some body explain this to me, and "if" they stay the same
what may happen?
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DislikedEuro interest rate scene is not clear so it is difficult to say against euro but increased interest rate should save dollar from becoming carry trade funding currency, puts pressure on yen.Ignored