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Here's How The Forex Market Works

  • #41
  • Aug 18, 2012 9:13pm Aug 18, 2012 9:13pm
Quoting PoundTrader
How The Forex Market Works.

Once upon a time in a village, a man appeared and announced to the villagers that he would buy monkeys for $10 each. The villagers, seeing that there were many monkeys around, went out to the forest and started catching them.

The man bought thousands at $10 and as supply started to diminish, the villagers stopped their effort. He further announced that he would now buy at $20. This renewed the efforts of the villagers and they started catching monkeys again.

Soon the supply diminished even further and people...
He he, would make you feel like shooting all the Monkeys so this could not happen to the Villages children

Or maybe prostitute the Monkeys so they can keep making money for you over and over again.
But that's just really F#%ked up right!!
Come with me if you want to live....
  • #42
  • Aug 20, 2012 1:33am Aug 20, 2012 1:33am
Quoting jibjib210
LOL !!!

So moral of the story seems simple enough.... walk away with the money you have and dont be greedy untill the next man shows up demanding another animal (Not monkeys because theres none left).

BUTTT THE MILLION DOLLAR QUESTION!!!

HOW DO YOU NOT GET GREEDDDYY IT IS INGRAINED IN OUR HUMAN DNA!!!
greed is what cause the villagers all there money, they should of told the ass to take those monkey the man brought and get the hell out of here
  • #43
  • Aug 20, 2012 1:40am Aug 20, 2012 1:40am
Quoting -Melo-
AWESOME !!

is this story true tho or based upon a real story
lol...this must be a true story. the villagers are still holding tightly to their monkeys awaiting sell signals.
  • #44
  • Aug 20, 2012 2:20am Aug 20, 2012 2:20am
Quoting PoundTrader
How The Forex Market Works.

Once upon a time in a village, a man appeared and announced to the villagers that he would buy monkeys for $10 each. The villagers, seeing that there were many monkeys around, went out to the forest and started catching them.

The man bought thousands at $10 and as supply started to diminish, the villagers stopped their effort. He further announced that he would now buy at $20. This renewed the efforts of the villagers and they started catching monkeys again.

Soon the supply diminished even further and people...
very cool story ,

I have read this twice and have a new mindset about forex market work,

Btw ... I prefer to be a Man from city ,
  • #45
  • Aug 20, 2012 4:11am Aug 20, 2012 4:11am
Quoting cheagil
lol...this must be a true story. the villagers are still holding tightly to their monkeys awaiting sell signals.
  • #46
  • Aug 21, 2012 3:01am Aug 21, 2012 3:01am
http://www.easyfreesmileys.com/smileys/dancing-baby.jpg
  • #47
  • Sep 20, 2012 7:30pm Sep 20, 2012 7:30pm
Quoting PoundTrader
How The Forex Market Works.


The villagers rounded up with all their savings and bought all the monkeys.

They never saw the man nor his assistant, only monkeys everywhere!

Now you have a better understanding of how the forex market work.
Then, the regulators stepped in. The man and his assistant were arrested.

The villagers were told that they could never pay more than $50 for a monkey nor could they sell one for more than $35.

Thus.... survival was assured for the monkey
When the Joker is in the deck.. fear not and play it well
  • #48
  • Sep 20, 2012 8:45pm Sep 20, 2012 8:45pm
Quoting Slim Buffett
Then, the regulators stepped in. The man and his assistant were arrested.

The villagers were told that they could never pay more than $50 for a monkey nor could they sell one for more than $35.

Thus.... survival was assured for the monkey
  • #49
  • Sep 24, 2012 5:53am Sep 24, 2012 5:53am
bump
  • #50
  • Dec 6, 2012 4:42am Dec 6, 2012 4:42am
i like
  • #51
  • Dec 6, 2012 5:22am Dec 6, 2012 5:22am
I am sure the villagers used the SR lines. They draw the lines in an angle and they knew where it is oversold for them to enter the market. They should have looked at MACD and Stochastic cross over. If that doesnt work, login to FF and find a new 'simple trading method for dummies'
  • #52
  • Dec 7, 2012 12:32pm Dec 7, 2012 12:32pm
Quoting PipMaxzz
I am sure the villagers used the SR lines. They draw the lines in an angle and they knew where it is oversold for them to enter the market. They should have looked at MACD and Stochastic cross over. If that doesnt work, login to FF and find a new 'simple trading method for dummies'
http://www.easyfreesmileys.com/smileys/lol-045.gif
  • #53
  • Dec 7, 2012 12:40pm Dec 7, 2012 12:40pm
Quoting Slim Buffett
Then, the regulators stepped in. The man and his assistant were arrested.

The villagers were told that they could never pay more than $50 for a monkey nor could they sell one for more than $35.

Thus.... survival was assured for the monkey
Alternate ending:

upon seeing how easily it is to fool their fellow villagers, each villager started up their own similar scheme with chickens, sheeps, cows, etc. But unfortunately everybody knows the scheme and the system no longer works.

Now they're back in their huts doing some backtesting, scroling back a day at a time looking for patterns that everybody would've missed.
NocturnalFX is no longer offering commercial services
  • #54
  • Dec 7, 2012 12:52pm Dec 7, 2012 12:52pm
Quoting TPOTrader
Alternate ending:

upon seeing how easily it is to fool their fellow villagers, each villager started up their own similar scheme with chickens, sheeps, cows, etc. But unfortunately everybody knows the scheme and the system no longer works.

Now they're back in their huts doing some backtesting, scroling back a day at a time looking for patterns that everybody would've missed.
  • #55
  • Dec 7, 2012 1:03pm Dec 7, 2012 1:03pm
A young banker decided to get his first tailor made suit. So he went to the finest tailor in town and got measured for a suit. A week later he went in for his first fitting. He put on the suit and he looked stunning, he felt that in this suit he can do business.

As he was preening himself in front of the mirror he reached down to put his hands in the pockets and to his surprise he noticed that there were no pockets. He mentioned this to the tailor who asked him, "Didn't you tell me you were a banker?"


The young man answered, "Yes, I did."


To this the tailor said, "Who ever heard of a banker with his hands in his own pockets?"
  • #56
  • Dec 7, 2012 1:21pm Dec 7, 2012 1:21pm
Only in America... do banks leave both doors open and then chain the pens to the counters.
  • #57
  • Dec 7, 2012 2:07pm Dec 7, 2012 2:07pm
If you was the assistant...what are you a brother?
  • #58
  • Dec 7, 2012 2:18pm Dec 7, 2012 2:18pm
Quoting PoundTrader
A young banker decided to get his first tailor made suit. So he went to the finest tailor in town and got measured for a suit. A week later he went in for his first fitting. He put on the suit and he looked stunning, he felt that in this suit he can do business.

As he was preening himself in front of the mirror he reached down to put his hands in the pockets and to his surprise he noticed that there were no pockets. He mentioned this to the tailor who asked him, "Didn't you tell me you were a banker?"


The young man answered, "Yes,...

The tailor(s) are in disguise. It's really John Boehner(s) and Barack Obama(s) thinking "if the bankers have deep pockets there won't be anything left for me".

Who will take it all. Politician or Banker ?
When the Joker is in the deck.. fear not and play it well
  • #59
  • Dec 7, 2012 4:28pm Dec 7, 2012 4:28pm
Young Chuck moved to Texas and bought a Donkey from a farmer for $100. The farmer agreed to deliver the Donkey the next day.
The next day he drove up and said, 'Sorry son, but I have some bad news, the donkey died.' Chuck replied, 'Well, then just give me my money back.' The farmer said, 'Can't do that. I went and spent it already.' Chuck said, 'Ok, then, just bring me the dead donkey.' The farmer asked, 'What ya gonna do with him? Chuck said, 'I'm going to raffle him off.' The farmer said ‘You can't raffle off a dead donkey!' Chuck said, 'Sure I can. Watch me. I just won't tell anybody he's dead.'


A month later, the farmer met up with Chuck and asked, 'What happened with that dead donkey?' Chuck said, 'I raffled him off. I sold 500 tickets at two dollars a piece and made a profit of $998.' The farmer said, 'Didn't anyone complain?' Chuck said, 'Just the guy who won. So I gave him his two dollars back.'
  • #60
  • Dec 7, 2012 4:46pm Dec 7, 2012 4:46pm
Quoting PoundTrader
Young Chuck moved to Texas and bought a Donkey from a farmer for $100. The farmer agreed to deliver the Donkey the next day.
The next day he drove up and said, 'Sorry son, but I have some bad news, the donkey died.' Chuck replied, 'Well, then just give me my money back.' The farmer said, 'Can't do that. I went and spent it already.' Chuck said, 'Ok, then, just bring me the dead donkey.' The farmer asked, 'What ya gonna do with him? Chuck said, 'I'm going to raffle him off.' The farmer said ‘You can't raffle off a dead donkey!' Chuck said,...

There's more than one way to skin a cat.....
.... or ride/sell a donkey....
....or to fly.

Turn adversity into fortune. ????


yes
When the Joker is in the deck.. fear not and play it well
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