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AUD/USD

  • #54,801
  • Oct 25, 2012 2:40pm Oct 25, 2012 2:40pm
Quoting domino
Trade it everday still dont see an investment tool
If you trade it "everyday" then you are a "Day Trader" vs. somebody who takes and holds a position for over a year or two would be considered a position trader which could also be compared to an "investor."

It all depends on how you look at it, you are obviously a short term trader / Day Trader therefore this type of trading style doesn't make sense to you.

Nobody's strategy or style of trading is better than anybody else's. It's all a matter of personal preference.
  • #54,802
  • Oct 25, 2012 2:50pm Oct 25, 2012 2:50pm
Quoting 100PipsADay
If you trade it "everyday" then you are a "Day Trader" vs. somebody who takes and holds a position for over a year or two would be considered a position trader which could also be compared to an "investor."

It all depends on how you look at it, you are obviously a short term trader / Day Trader therefore this type of trading style doesn't make sense to you.

Nobody's strategy or style of trading is better than anybody else's. It's all a matter of personal preference.
Because I trade it everyday doesn't make me a day trader. Just that I execute something everyday... I still hold for months i'm an orderflow piker/efficiency trader

I we are all beginning to argue semantics
  • #54,803
  • Oct 25, 2012 2:52pm Oct 25, 2012 2:52pm
Thank you 100pips,
I questioned myself if I was an absolute idiot by considering what sidhujag suggested me ? Even if it does not fit my trading conception and strat for now, his suggestion make sense.
I tend to consider the expression of dissent, contradictory opinions etc. as an enrichment. But obviously people consider dissents as null and void. Let it be.
GN.
Don't be smart. Be rich.
  • #54,804
  • Oct 25, 2012 2:58pm Oct 25, 2012 2:58pm
Quoting maximinus
Thank you 100pips,
I questioned myself if I was an absolute idiot by considering what sidhujag suggested me ? Even if it does not fit my trading conception and strat for now, his suggestion make sense.
I tend to consider the expression of dissent, contradictory opinions etc. as an enrichment. But obviously people consider dissents as null and void. Let it be.
GN.
From my finance classes at psu - investment is going through your analysis, you are hoping to turn a profit, and have a high protection of principle amount

where speculation is going through your analysis, hoping to turn a profit, and having low to no protection of principle amount.

Im my opinion this is why forex can never be considered investment vehicles it can only be speculation..
  • #54,805
  • Oct 25, 2012 3:02pm Oct 25, 2012 3:02pm
Quoting domino
From my finance classes at psu - investment is going through your analysis, you are hoping to turn a profit, and have a high protection of principle amount

where speculation is going through your analysis, hoping to turn a profit, and having low to no protection of principle amount.

Im my opinion this is why forex can never be considered investment vehicles it can only be speculation..
But thats the traditional view I suppose you could argue the otherside of the coin..

If you protect your principle by slowly entering the market with multiple positions in an efficient manner all while dropping stops to protect principle in direction of the interest rate differentials... then yeah I suppose you could call it investing

But if you buy the eur/aud for example against the differential and it eats your principle amount while you hold your protected positions.. it becomes speculation.

But the moment that interest rate differentials swap that nullifies the idea of investment and your investment becomes speculation.
or you could argue that because the chance of differentials swapping which happens often it can never be an investment because the chance always exists....
  • #54,806
  • Oct 25, 2012 3:03pm Oct 25, 2012 3:03pm
Quoting domino
From my finance classes at psu - investment is going through your analysis, you are hoping to turn a profit, and have a high protection of principle amount

where speculation is going through your analysis, hoping to turn a profit, and having low to no protection of principle amount.

Im my opinion this is why forex can never be considered investment vehicles it can only be speculation..
Ok , in that case I'm the only one who is culprit, because I called him investor, sidhu has never named himself as investor. That's my fault, and accept the correction.

PS : what is psu ? u for the university but ps ???
Don't be smart. Be rich.
  • #54,807
  • Oct 25, 2012 3:05pm Oct 25, 2012 3:05pm
Foreign Exchange and Forwards are not speculation less than 3% of all US corporations use excess cash for speculation. When you think of forex think of it as a hedging investment. If you go to Goodwill and buy some oldFinance books or go to textbooks.com and buy a few textbooks the main thing they emphasize is NPV


EDIT: Amzn did not meet Aaple is next if they fail the markets are going to have a very bad day tomorrow and I will add short on AUD/USD
  • #54,808
  • Oct 25, 2012 3:05pm Oct 25, 2012 3:05pm
Quoting maximinus
Ok , in that case I'm the only one who is culprit, because I called him investor, sidhu has never named himself as investor. That's my fault, and accept the correction.

PS : what is psu ? u for the university but ps ???
oh sorry penn state
  • #54,809
  • Oct 25, 2012 3:07pm Oct 25, 2012 3:07pm
Looks like everyone's waiting for apple earnings lol
  • #54,810
  • Oct 25, 2012 3:10pm Oct 25, 2012 3:10pm
Quoting jplazard
Foreign Exchange and Forwards are not speculation less than 3% of all US corporations use excess cash for speculation. When you think of forex think of it as a hedging investment. If you go to Goodwill and buy some oldFinance books or go to textbooks.com and buy a few textbooks the main thing they emphasize is NPV


EDIT: Amzn did not meet Aaple is next if they fail the markets are going to have a very bad day tomorrow and I will add short on AUD/USD
heres the difference tho
in those books they defined investment like I did..
so now you bring up the real question is hedging speculation or investment?

I would say in the case a corporation hedges like southwest airlines hedges the price of oil so that it can have a competitive advantage over other airlines because they locked in lower rates... then yes I suppose based on definition a hedge could be an investment as it is expecting oil to rise so they buy it.. they protect the position and under good analysis.. an it creates a payment in the form of increased competitive advantage while the position is held..

But what is about a company hedgin with currency is that a investment id have to find a case to base my answer off of
  • #54,811
  • Oct 25, 2012 3:17pm Oct 25, 2012 3:17pm
Quoting domino
But thats the traditional view I suppose you could argue the otherside of the coin..

If you protect your principle by slowly entering the market with multiple positions in an efficient manner all while dropping stops to protect principle in direction of the interest rate differentials... then yeah I suppose you could call it investing
It seem that's precisely what he suggested me. He stated that he uses sometimes 2pips SL.
For me it's just new and make sense. I'm like a newborn, I want to discover everything and appreciate everything less the rudeness of the people.
Don't be smart. Be rich.
  • #54,812
  • Oct 25, 2012 3:19pm Oct 25, 2012 3:19pm
I will find you a couple cases Brb
  • #54,813
  • Oct 25, 2012 3:36pm Oct 25, 2012 3:36pm
Quoting sidhujag
u mad? Wheres gold at today higher
or lower? I alteady told u the way ur trading
u will never win like i said come back next quarter and well see how much ur smiling... Better thrust urself back to the drawing board.

Aud news was positive so buying any pullback oppurtunity.
Sidhujag gold is contained under 55ema on daily suggests the bearishness being confirmed to reach ema200 daily at 166x we failed to break back above, u mad?? Dont be mad, just thank me when re reach 1660
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #54,814
  • Oct 25, 2012 3:37pm Oct 25, 2012 3:37pm
Quoting Iro
Looks like everyone's waiting for apple earnings lol
didnt you know ?! impacts global economy and beyond

notice that basic material held up well today. Shanghai Composite is jumping off support 2000. if index starts march up, aud will go up.
  • #54,815
  • Oct 25, 2012 3:40pm Oct 25, 2012 3:40pm
Quoting fxtyrant
Sidhujag gold is contained under 55ema on daily suggests the bearishness being confirmed to reach ema200 daily at 166x we failed to break back above, u mad?? Dont be mad, just thank me when re reach 1660
haha ok cool
  • #54,816
  • Oct 25, 2012 3:42pm Oct 25, 2012 3:42pm
Quoting domino
But thats the traditional view I suppose you could argue the otherside of the coin..

If you protect your principle by slowly entering the market with multiple positions in an efficient manner all while dropping stops to protect principle in direction of the interest rate differentials... then yeah I suppose you could call it investing

But if you buy the eur/aud for example against the differential and it eats your principle amount while you hold your protected positions.. it becomes speculation.

But the moment that interest rate differentials...
So you say the billionaire's who carry trade are speculators and not long term investors?
  • #54,817
  • Oct 25, 2012 3:48pm Oct 25, 2012 3:48pm
Quoting sidhujag
So you say the billionaire's who carry trade are speculators and not long term investors?
There are so many definitions of "investor" it is hard to pin point the exact meaning and definition.

He is taking his understanding from his finance class from Penn State University, however, it doesn't mean it is more correct then the other definitions you find elsewhere.

Just more nit picking with people's word choice in order to debate about something that really doesn't matter on a public forum.

I guess we could designate an entire thread on the words "investment / investor" and their correct meanings if we really wanted to... It's the concept that should be taken into consideration, not the exact word choice an individual uses.

Smart DOES NOT = Rich
  • #54,818
  • Oct 25, 2012 3:58pm Oct 25, 2012 3:58pm
Quoting sidhujag
So you say the billionaire's who carry trade are speculators and not long term investors?
I would actually classify them as investors under what I said if youd read through the post..

if a billionaire carry trades and buys indirection of the differential and protects his principle .. then he would be by definition a investor..
  • #54,819
  • Oct 25, 2012 3:59pm Oct 25, 2012 3:59pm
Quoting sidhujag
haha ok cool
Seriously sidhu... Plot daily ema 55 and 200 and see where we got rejected?
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #54,820
  • Oct 25, 2012 4:00pm Oct 25, 2012 4:00pm
Quoting 100PipsADay
There are so many definitions of "investor" it is hard to pin point the exact meaning and definition.

He is taking his understanding from his finance class from Penn State University, however, it doesn't mean it is more correct then the other definitions you find elsewhere.

Just more nit picking with people's word choice in order to debate about something that really doesn't matter on a public forum.

I guess we could designate an entire thread on the words "investment / investor" and their correct meanings if we really wanted to... It's...
IMO I think it does matter... the definition lends itself to different ideas and understanding how our trading patterns fall

Investor
speculator
gambler

which one am I
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