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  • #13,281
  • Dec 3, 2011 4:05pm Dec 3, 2011 4:05pm
Quoting the redlion
i believe that when a Nation is allowed to fail

it is the people of that nation at fault.

the poor leech off the system, (in many countries you dont work you dont eat)
the rich plunder the system (they are not accountable for massive fraud)

it is the duty of every citizen to educate himself, and understand the platforms and the pro's and con's of each candidate.

and to stop thinking of what entitlements he wants, and how he wants to make some one else pay for them.

we should all vote, and preserve the ideals of the nation and uphold our...
I couldn't agree with you more. We are rapidly sliding down a slippery slope of no return.

Too many want something for nothing, wheteher at the lowest levels or the highest.

The tentacles of the police state are becoming more and more intwined into our lives.

The political system is broken. We are rapidly headed towards socialism. Whether it be the totalitarian marxist brand of the democrats or the fascist brand of the republicans.

I leave you with a few words from Thomas Jefferson:

The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government.

I think myself that we have more machinery of government than is necessary, too many parasites living on the labor of the industrious. (Back then!)

When the people fear their government, there is tyranny; when the government fears the people, there is liberty.

Were we directed from Washington when to sow and when to reap, we should soon want bread.

I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them.

Most bad government has grown out of too much government.

An elective despotism was not the government we fought for.
Mark ... Everything you have been told is a LIE
  • #13,282
  • Dec 3, 2011 6:54pm Dec 3, 2011 6:54pm
So guys, where does trading forex fit into the picture?

It seems to me that while I labor quite mightily at forex, my productive output is pretty near zero. In most people's view of the world I belong in the parasite category. And if you are here talking with me about this you are likely to enjoy this status or you aspire to enjoy this status.

Any takers?
Kill the ego, or it will kill the mission.
  • #13,283
  • Dec 3, 2011 7:07pm Dec 3, 2011 7:07pm
Quoting AaronWard
So guys, where does trading forex fit into the picture?

It seems to me that while I labor quite mightily at forex, my productive output is pretty near zero. In most people's view of the world I belong in the parasite category. And if you are here talking with me about this you are likely to enjoy this status or you aspire to enjoy this status.

Any takers?
Do you pay taxes? Do you expect to be bailed out due to your mistakes? Do you expect handouts from the government?

If your answer is no, then your a productive citizen.

I trade for a living. I pay my taxes. If I screw up I don't look to the government to bail me out. I don't expect any handouts from the government.

edit: on a lighter note - top of the page
Mark ... Everything you have been told is a LIE
  • #13,284
  • Dec 3, 2011 7:26pm Dec 3, 2011 7:26pm
Quoting spzd
Do you pay taxes? Do you expect to be bailed out due to your mistakes? Do you expect handouts from the government?

If your answer is no, then your a productive citizen.

I trade for a living. I pay my taxes. If I screw up I don't look to the government to bail me out. I don't expect any handouts from the government.

edit: on a lighter note - top of the page
not a bad answer, but still...other than taxes, what is our productive contribution to society? And from the perspective of productive output of society, wouldn't the net of goods and services be greater if we were making shoes, writing mortgages or designing houses?
Kill the ego, or it will kill the mission.
  • #13,285
  • Dec 3, 2011 7:29pm Dec 3, 2011 7:29pm
if i look at the december 2011 predictions of price i remember my vote and got it right!

i wonder who for above 1.5999 that just might be a joke
Have I got something on my face, SOLDIER?
  • #13,286
  • Dec 3, 2011 8:01pm Dec 3, 2011 8:01pm
Quoting AaronWard
not a bad answer, but still...other than taxes, what is our productive contribution to society? And from the perspective of productive output of society, wouldn't the net of goods and services be greater if we were making shoes, writing mortgages or designing houses?
if you are having a moral dilemma then fix it.

write mortgages, lend money, create a capital investment firm.
AVT INVENIAM VIAM AVT FACIAM
  • #13,287
  • Dec 3, 2011 8:26pm Dec 3, 2011 8:26pm
Quoting AaronWard
not a bad answer, but still...other than taxes, what is our productive contribution to society? And from the perspective of productive output of society, wouldn't the net of goods and services be greater if we were making shoes, writing mortgages or designing houses?
trading provides liquidity for those who may need to either get into or out of a trading position. remember, not all trading is purely profit oriented in a small-scope sense. my trades in conjunction with everyone elses may be the liquidity required for some company to exchange payroll funds, or to lighten the risk exposure an interbank specialist might otherwise have to take-on and in doing so slip the order some degree of price or whatever and negatively affect the company needing the monetary conversion.

in a more rounded sense, we risk our own money to reap profits. with those profits we are afforded opportunities most people do not have... such as to start other businesses which DO work in a produce arena and create physical output that others enjoy the fruits of such as workforce positions and actual physical output of items. it provides opportunities to be charitable.

if you think about what a supermarket does, apart from the labor it usually employs to stock shelves it doesn't actually PRODUCE anything. it merely onforwards goods it gathers to the public for a marked-up price to profit. some shops are a single person owned and run business. their sole output is merely that which they take in from others and re-sell. their productivity is nil, yet they are not considered to be fruitless and unworthy of being... unlike the stigma sometimes inferred to traders. shops are traders as well, just of a different kind of stock.

it's risking our own funds to produce nothing, but also to produce endless possibilities. we are the oil that allows the wheels to continue to turn.
Congratulations ScalaFX for coming out of the closet!
  • #13,288
  • Dec 3, 2011 8:41pm Dec 3, 2011 8:41pm
Quoting nubcake
trading provides liquidity for those who may need to either get into or out of a trading position. remember, not all trading is purely profit oriented in a small-scope sense. my trades in conjunction with everyone elses may be the liquidity required for some company to exchange payroll funds, or to lighten the risk exposure an interbank specialist might otherwise have to take-on and in doing so slip the order some degree of price or whatever and negatively affect the company needing the monetary conversion.

in a more rounded sense, we risk our...
Nubs,

Excellent answer. You kind of wrecked my buzz kill though.

Supermarkets provide a service. By collecting all goods into one place they reduce transaction costs for both buyers and sellers. Farmers can now spend time farming, not traveling to market and selling. Production is more efficient and so the net output of society is greater.

As a class we provide liquidity for markets which further reduces transaction costs for buyers and sellers. That we do it in a small scale and our individual contribution is would not be missed if it were not there is probably true of most things we do.

That fellow who calls himself a liquidity provider pretty much nails it.

Lion,

No moral dilemma here. Much of the ongoing discussion revolves around the issue of what is right and what is wrong. This is a moral question and in my mind not terribly relevant. The key question should be "what works best".

I was really trying out that trick from the bible of indirectly suggesting that he who is free of sin cast the first stone.
Kill the ego, or it will kill the mission.
  • #13,289
  • Dec 3, 2011 8:41pm Dec 3, 2011 8:41pm
Quoting AaronWard
not a bad answer, but still...other than taxes, what is our productive contribution to society? And from the perspective of productive output of society, wouldn't the net of goods and services be greater if we were making shoes, writing mortgages or designing houses?
Producing goods in and of itself is good, but it is not how I give to society. I have no guilty or moral qualms in how I make my living. I give a sizable amount of what I make to local charities. The reason I keep it at a local level is because there are people here in my community who need the assistance. Who can serve the local community better than a local organization. I assist older adults take care of their property. The bottom line is trading gives me the opportunity to not only peovide a decent and prosperous life for my family, it also gives me the ability to give to those in need, whether it be monetarily or physically. So when it comes right down to it, I believe what I give to society is more beneficial than just the production of goods.
Mark ... Everything you have been told is a LIE
  • #13,290
  • Dec 3, 2011 8:48pm Dec 3, 2011 8:48pm
Quoting AaronWard
Nubs,

Good answer. You kind of wrecked my buzz kill though.
i tend to do that. it's a skill.

Quote
Supermarkets provide a service. By collecting all goods into one place they reduce transaction costs for both buyers and sellers. Farmers can now spend time farming, not traveling to market and selling. Production is more efficient and so the net output of society is greater.

As a class we provide liquidity for markets which further reduces transaction costs for buyers and sellers. That we do it in a small scale and our individual contribution is would not be missed if it were not there is probably true of most things we do.
exactly. if it weren't for the popularity of trading then companies would be left with phoning their bank and being slipped over and over large amounts without having access to the information now widely available on what is an actual fair price.

with your farmer analogy it's like if some farmer travels to town but the town people won't deal with him at the prices he wants, or perhaps needs, and instead he is left with lowering his prices and being less or unprofitable. with a wider audience provided by shopping chains and related distributors he can better price his goods for sale to the distributor and let them then deal with the final sale to consumers. in this way his audience is widened considerably and time cost lowered.

our job as traders is to be the shop and not the consumer. consumers do not profit from buying goods from stores. they consume. once the sale is done they are at a financial debit forever. however, this is merely an investment in their own personal future profits which will come from other avenues such as actually working which requires clothes and food (bought for an outright loss at a store).

anyways...
Congratulations ScalaFX for coming out of the closet!
  • #13,291
  • Dec 3, 2011 9:03pm Dec 3, 2011 9:03pm
Quoting nubcake
trading provides liquidity for those who may need to either get into or out of a trading position. remember, not all trading is purely profit oriented in a small-scope sense. my trades in conjunction with everyone elses may be the liquidity required for some company to exchange payroll funds, or to lighten the risk exposure an interbank specialist might otherwise have to take-on and in doing so slip the order some degree of price or whatever and negatively affect the company needing the monetary conversion.

in a more rounded sense, we risk our...
Excellent response.
Mark ... Everything you have been told is a LIE
  • #13,292
  • Dec 4, 2011 1:58am Dec 4, 2011 1:58am
Next year, at the beginning of April, Neptune will enter Pisces, where it will stay until 2025. Here's what happened last time when it was in Pisces (1847 - 1862)

-----
Political upheavals abounded in Europe.

Controversies in the United States led to the Civil War.

Banks in the United States were forced to suspend payments; German and French banks failed because they had hedged their investments in the emerging USA. The Greenback became legal tender in the United States.

Gold was discovered in California, Colorado, Pikes Peak, and Australia thus producing a huge supply of hard money.
-----

So, looks like history does repeat itself
  • #13,293
  • Dec 4, 2011 2:13am Dec 4, 2011 2:13am
Quoting michaelnew
Next year, at the beginning of April, Neptune will enter Pisces, where it will stay until 2025. Here's what happened last time when it was in Pisces (1847 - 1862)

-----
Political upheavals abounded in Europe.

Controversies in the United States led to the Civil War.

Banks in the United States were forced to suspend payments; German and French banks failed because they had hedged their investments in the emerging USA. The Greenback became legal tender in the United States.

Gold was discovered in California, Colorado, Pikes Peak,...
hi mich
i don't understand but i do find keen interest in the geometry analysis as what you stated here... Pisces, Neptune... how accurate is that? well i don't wish to saborage this thread in discussing such topic... you may want to pm me... care to share? tq for your time.
cheers
  • #13,294
  • Dec 4, 2011 2:23am Dec 4, 2011 2:23am
pisces... interesting.

ill also look into uranus in direct motion in the mid of coming week or the next if im not mistaken.

sun conjuncts mercury 1 and half hours ago
we got contradicting aspect

that mercury will square mars.


mercury square mars is in 13 hours..
the sentix i believe would come out lesser than forecasted

forecasts are already negative of previous result, lets see what its up later.

wil post chart in a minute of possible occruences
Have I got something on my face, SOLDIER?
  • #13,295
  • Dec 4, 2011 2:24am Dec 4, 2011 2:24am
Quoting tradpat
hi mich
i don't understand but i do find keen interest in the geometry analysis as what you stated here... Pisces, Neptune... how accurate is that? well i don't wish to saborage this thread in discussing such topic... you may want to pm me... care to share? tq for your time.
cheers
I posted it here because it relates to the EURUSD relationship. But there are many more things that can be said about astrology and its impact on the markets. About accuracy, astrology is pretty much like meteorology, a context descriptor. It doesn't give "accurate" predictions, but merely the odds of a storm or some other meteorological phenomenon. It doesn't overwrite free will also.

As for the PM looks like I can't send you one, but you can try to PM me and maybe I'll be able to respond.
  • #13,296
  • Dec 4, 2011 2:26am Dec 4, 2011 2:26am
Quoting bumapatria
pisces... interesting.

forecasts are already negative of previous result, lets see what its up later.
That was a medium term view, it won't happen until next spring. As for the current week, until Saturday, when we'll have a full Moon, I still see risk on. Not necessarily bullish, but risk on. As always, price will tell.
  • #13,297
  • Dec 4, 2011 2:51am Dec 4, 2011 2:51am
to me looks like a slowly progressing bull trend so far.

ill short 3520s.

looks like an inflection point in the mirror cycle.

lot of confluence there: supply zone, 61.8 fib fan, and lot of angles coverging there.

would be a nice low risk sell limit imo.

but still its a slowly progressing bull trend as long as it maintains either current angle its hugging or the one beneath
i didnt put into account the weekend 'gap' coming so lets see where price is.
Attached Image (click to enlarge)
Click to Enlarge Name: inflection.gif Size: 47 KB
Have I got something on my face, SOLDIER?
  • #13,298
  • Dec 4, 2011 2:56am Dec 4, 2011 2:56am
Quoting bumapatria
to me looks like a slowly progressing bull trend so far.

ill short 3520s.

looks like an inflection point in the mirror cycle.

lot of confluence there: supply zone, 61.8 fib fan, and lot of angles coverging there.

would be a nice low risk sell limit imo.

but still its a slowly progressing bull trend as long as it maintains either current angle its hugging or the one beneath
i didnt put into account the weekend 'gap' coming so lets see where price is.
I still see a double bottom, which means the price "should" go higher. Lots of bull signs on fundamentals and hopium too, but the risk on should also mean powerful speculations, hunting stops downwards for those wanting to go long, which may result in a few short bumps down.
  • #13,299
  • Dec 4, 2011 3:46am Dec 4, 2011 3:46am
Quoting michaelnew
Next year, at the beginning of April, Neptune will enter Pisces, where it will stay until 2025. Here's what happened last time when it was in Pisces (1847 - 1862)

-----
Political upheavals abounded in Europe.

Controversies in the United States led to the Civil War.

Banks in the United States were forced to suspend payments; German and French banks failed because they had hedged their investments in the emerging USA. The Greenback became legal tender in the United States.

Gold was discovered in California, Colorado, Pikes Peak,...
nice one Michael New - what's your source?

thanks,
LP
patience is a virtue
  • #13,300
  • Dec 4, 2011 4:08am Dec 4, 2011 4:08am
Hi guys,

Quoting Pbh
What happens if you are fighting against a criminal group, and you kill the leader?

A new one surges.
I was incredibly tired yesterday, but my point in here was that, when you have absolute liberalism in democracy or capitalism, or whatever system makes people equal, system may eventually run into trouble once majority starts bullying minority and cutting their rights. In this occasion, system is in state of recession and is starting to concentrate power into the hands of few. This part of recession process is called centralisation which starts with oligopoly (Big banks running whole financial sector, 2 major political parties) and ends up with monopoly (Goldman runs the world, Fascism). Once this happens, centralised system is usually unable to stay profitable for everyone, people get frustrated, agressive. Results are very well known. Failure of liberalism results in, voilá - crash of the system - bankrupcy. Shoot da Goldman bastards! Shoot brussels bureucrats!

T

"I know one thing, that I know nothing." Sokrates
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