damn
- #773,522
- Mar 18, 2013 3:03pm Mar 18, 2013 3:03pm
- Joined Nov 2012 | Status: Account Deactivated | 2,737 Posts
Entered long at 1.29308...let's see if we can make it to the swing high. Could use a couple of good winners, today has been mediocre at best. Killed a 4R trade that would have reached TP earlier today at little more than breakeven and lost a few others. 
Cable trade is +38 right now but not sure I care for how it's wandering around the range today.
Cable trade is +38 right now but not sure I care for how it's wandering around the range today.
- #773,523
- Mar 18, 2013 3:04pm Mar 18, 2013 3:04pm
- | Commercial User | Joined Nov 2012 | 3,178 Posts
Out +10 
Trade smaller than rational because the market is irrational...
- #773,524
- Mar 18, 2013 3:04pm Mar 18, 2013 3:04pm
- | Membership Revoked | Joined Mar 2009 | 16,693 Posts
Entered long at 1.29308...let's see if we can make it to the swing high. Could use a couple of good winners, today has been mediocre at best. Killed a 4R trade that would have reached TP earlier today at little more than breakeven and lost a few others.
all right, I'm out of here.
- #773,526
- Mar 18, 2013 3:05pm Mar 18, 2013 3:05pm
- | Commercial User | Joined Nov 2012 | 3,178 Posts
Trade smaller than rational because the market is irrational...
- #773,527
- Mar 18, 2013 3:08pm Mar 18, 2013 3:08pm
- Joined Dec 2011 | Status: Trader | 4,013 Posts
i love it when a frustrated trader takes advantage of the rest when they leave for the sacs...
- #773,528
- Mar 18, 2013 3:08pm Mar 18, 2013 3:08pm
- Joined Nov 2012 | Status: Account Deactivated | 2,737 Posts
it's a news spike, careful..
all right, I'm out of here.
- #773,529
- Mar 18, 2013 3:09pm Mar 18, 2013 3:09pm
- | Commercial User | Joined Nov 2012 | 3,178 Posts
It may run a bit the news was E positive 
Trade smaller than rational because the market is irrational...
- #773,530
- Mar 18, 2013 3:14pm Mar 18, 2013 3:14pm
- | Membership Revoked | Joined Mar 2009 | 16,693 Posts
- #773,531
- Mar 18, 2013 3:15pm Mar 18, 2013 3:15pm
- | Commercial User | Joined Nov 2012 | 3,178 Posts
ZH tweet:
zerohedge As a reminder, unnamed Greek sources are always credible
Trade smaller than rational because the market is irrational...
ma bucur sa vad conationali prin teatrul de razboi- #773,533
- Mar 18, 2013 3:18pm Mar 18, 2013 3:18pm
- | Joined Oct 2011 | Status: In your head, eating your brain | 2,562 Posts
They're WAY - hugely above the US in every single one of those categories. And all those good bits you mention a company doesnt give a shit except education where in the end they can import the labor they need to the right jurisdiction.
Taxes: what you know. The socialists have competitive corporate taxes now. Still except Norway the personal income tax is appaling. Not to mention the bulk of the theft is done with VAT. So I dont see how you hurt my argument: the people end up paying the taxes. The bulk of tax collection has to be done by VAT-...
Corporate taxes are lower in Scandinavia...and if you bothered to do a bit of research you'd realise what they get in return for their higher income taxes. They don't need to spend $100k+ for a decent degree for example, and they have free access to decent healthcare whereas in the US you pay with your left arm for the same services. I went to one of the top 2 schools in the world in my field...and paid $1800/semester for it. Could have taken the same exact course in the US and it would have cost me approximately 100 times this amount.
But yeah, VAT is higher...which brings me to my main point: Even though they have less economic freedom in Scandinavia (contrary to your FALSE claim!), similar corporate taxes and higher income taxes...they still manage to beat or match the US in several statistics that matter. So CLEARLY taxes aren't the driving force here when it comes to economic growth. Of course you could have just looked at the US and realised this by acknowledging that economic growth was higher under Clinton for example (high taxes!!) than under Bush or Obama (lower taxes).
You look at the world as "black or white", "left or right" or "total economic freedom vs socialism"...when in reality that's simply not how the world works. Your falling for political slogans without actually looking at the FACTS.
By many's standards, Switzerland for example is a socialist country. We provide healthcare, hand out free drugs to addicts, pay unemployed people 80% of their previous salary if they lose their job, are about to introduce a monthly minimum compensation that's meant to take over current unemployment benefits (clue: it's higher than the average salary of a lot of countries), pay our teachers a good wage, have strong unions, and so on...according to the GOP we'd probably be classified as borderline communists. But guess what, we have one of the highest education levels in the world, highest per capita income and arguably the highest standard of living...and the same can be said about Scandinavian countries. Go to Stockholm, Oslo or Zurich...and then look at me with a straight face telling me how much better the US is off. Don't mind if I laugh
PS: I'm not anti-US or anti-capitalism by the way...I am just a realist who sees the system's limitations. In order to have a functioning society you can't just take an economic THEORY and pretend you can implement it without any restrictions or regulations...it's simply not realistic or feasible. Not unless you don't mind crapping on a large proportion of that society.
- #773,534
- Mar 18, 2013 3:26pm Mar 18, 2013 3:26pm
- Joined Nov 2012 | Status: Account Deactivated | 2,737 Posts
- #773,535
- Mar 18, 2013 3:26pm Mar 18, 2013 3:26pm
- | Commercial User | Joined Nov 2012 | 3,178 Posts
I live in the US (USS of A) and would gladly live in Switzerland. The women are HOT, and the weather is cold and from what I understand everyone is required to have a gun.
Trade smaller than rational because the market is irrational...
- #773,536
- Mar 18, 2013 3:26pm Mar 18, 2013 3:26pm
- | Membership Revoked | Joined Mar 2009 | 16,693 Posts
- #773,538
- Mar 18, 2013 3:32pm Mar 18, 2013 3:32pm
- | Joined Oct 2011 | Status: In your head, eating your brain | 2,562 Posts
I live in the US (USS of A) and would gladly live in Switzerland. The women are HOT, and the weather is cold and from what I understand everyone is required to have a gun.
Can't comment on women as every single GF I had since I was 17 was a foreigner...but I'm not racist against my own people btw.
As for guns, that's a bit of a misconception. Every able man has serve in the military and yes, you get a gun. Most people don't store it at home though, they leave it at the barracks. It's pretty easy to get a gun, but there are still strict background checks that go above and beyond what's common practice in the US. Also, thanks to better social services and care we don't have a lot of poor and desperate people who attack others with gun...that kinda helps.
Regarding military service, it's a mixed bag...I was part of a mountain division and spent most time hiking with snow shoes or snowboarding. Oh, and I never drank or smoked as much weed in my life as during my military service. Especially when it comes to weed, EVERYONE was stoned. Made spending night after night in a bloody mountain bunker a lot more bearable...until I found out "sleep walking" is a reason for early dismissal. Got out of it 2 weeks early
- #773,539
- Mar 18, 2013 3:35pm Mar 18, 2013 3:35pm
- | Commercial User | Joined Nov 2012 | 3,178 Posts
Trade smaller than rational because the market is irrational...
Cold in winter, yeah...but some reasons summers are actually quite hot. Hotter than in the UK that's for sure, but then again, I wouldn't call what we have in the UK "summer". Two weekends of hot weather isn't summer
Can't comment on women as every single GF I had since I was 17 was a foreigner...but I'm not racist against my own people btw.
As for guns, that's a bit of a misconception. Every able man has serve in the military and yes, you get a gun. Most people don't store it at home though, they leave it at the barracks. It's pretty...