dmedin

If TL;DR - the basic point is that trading ultra-short term is for LOSERS.

Looking for a wee bit consolidation then go long 🤩

This is what the bankers thought prior to the financial crisis. They all got away with it, because of their powerful friends, their class power and their money. You or I would not be so lucky. If you mean that our present capitalist system TREATS people like they are cattle, TREATS people like they are stupid - then definitely yes. The same goes for that charlatan who claims to make thousands off his $500 deposit using a system only he knows how (interestingly, if you want to see him do his thing you have to pay for it and you probably also have to sign an NDA - I wonder why that is). He considers all of his faithful follows as DUMB CATTLE too. So let me do you a good turn, and perform a service to humanity by highlighting the fact that he is FULL OF SH!T.

Looks like it's about to take another big dump. Once it's broken below 412 and settled beneath that point at market close, can set a stop just above 412 and watch it sink like a pebble into a river.

I hope y'all had the presence o' mind to take a wee shortie at the appropriate time? Viz,

'Have you tried turning it off and back on again?'

FTSE 100 and DAX have both taken a big juicy dump today. It's post-Christmas depression if you ask me. Everybody seems snarky and unpleasant at this time of year, to me at least.

Victoria says the Nasdaq tech 100 has returned 35% in 2019. Imagine if someone had bought long and held, instead of trying to trade tops and bottoms. They would have made 35% in capital appreciation, plus income in the form of dividends, all from doing absolutely nothing! Wow! But apparently they are going to drag this year, so maybe we should all be selling short and holding

It's okay, he didn't really talk about waiting for a dip and then buying back in. You don't want to be basing your decisions purely off the daily chart either. Start with weekly and home in. I think SB on stocks is just plain dumb, if you think the value will increase buy a call option and you won't get stopped out by the 'crazy spikes' that suspiciously appear now and then, almost as if it is some sort of mechanism to shake out stale longs and force people to buy back in (hence generating more revenue for SB provider in the form of another juicy spread).

I've missed the boat twice on gold now, was there any 'fundamental' reason to see a Christmas breakout for G/S when the U.S. indices were still rallying?

Silver seems to be behaving herself, and she has a nice bottom at 1772, come on now my sweet, sail away, sail away - up and beyond! 🥳😻

A wee sell off had to arrive at some point, buy the dips bonnie loons 🐮

Apropos of stocks - if you're bullish, go for call options. None of this fannying about with getting stopped out when 'news' is released of new share issues or new debt being issued by the company, which insiders knew of long before you and manipulated to their own advantage, and is manifested is crazy gapping spikes up and down before settling down again.

Sounds like CFDs would actually be better for retail clients, since most of them lose money they would benefit from the tax offset. CFDs are made to sound like a 'real' investment vehicle for professionals, while 'spread betting' for the little fish and the punters. But in reality it's all the same.

There's some good trade ideas scattered throughout the forums, turns out that gold/silver, oil/coffee Arabica, U.S. indices, U.S. dollar, Tesla and some others were good.

Do you need that much computing power to trade?

That's clearly unrealistic and given that 95 - 99% of all day traders are net losers, they would be lucky to end the year break-even. Heck, they could put their cash into an S&P 500 ETF and make money doing absolutely nothing.

Why can't you use the platform that he uses to trade?

Hopefully silver bounces back up and doesn't give up all these gains. Stupid fat idiot that I am, buying into a top again.

So you don't think it's fairly reasonable to have a dip (possibly indicating taking profits) after such a prolonged rally? Those are some pretty pessimistic predictions for FTSE 100 and DAX. I take it you aren't actually trading for such drastic moves, but speculating them.

s*h*a*f*t 1. a long, narrow part or section forming the handle of a tool or club, the body of a spear or arrow, or similar. 2. a ray of light or bolt of lightning. Why what did you think it meant?

Trading forex is a bit like fool's gold. If you try and do 'fundamental' analysis as well then it will just make you go crazy. Just accept that it's all manipulated by five or so big banks, who effectively have a license to print money and award their employees huge bonuses every time they successfully '****' the little fish.

Back up we go -

There needs to be enough interest for a feature to get implemented (making a business case, something to add to year end assessments and help towards getting a bonus), I asked for the ability to choose a background colour some time ago but it's still either white or black. Some people think black is easier on the eyes, but it burns my eyes to a crisp and makes me go almost blind. Sigh. Surprised you didn't notice the ability to 'export chart', there's your screenshot tool.

There's only one step for that to be even remotely possible. Step one: get hired by Goldman Sachs or some other big firm.