MisFit Kid Posted December 21, 2022 Report Share Posted December 21, 2022 Are we allowed to say...... Another Zelensky moment? (as he lands in the U.S., in a U.S.A. Air Force Jet) >: Please Put A Penny In The Old Man's Hat........../s >:: 1.65 Trillion/4K paged bill that no "legal" congress person will read, really? Link to comment Share on other sites More sharing options...
WTF Posted December 21, 2022 Report Share Posted December 21, 2022 24 minutes ago, DrStool said: You must be in Mini soda. Or I'll ask a. No, further west, but uff-da that was a good guess, you betcha. Link to comment Share on other sites More sharing options...
fxfox Posted December 21, 2022 Report Share Posted December 21, 2022 12 minutes ago, DrStool said: Market has now been rangebound for 2 months. Top and bottom of the range have moved around. Is this tough to trade or is it just my magination. Markets are always tough to trade. You don‘t see the emotion when you look at the charts in hindsight. That‘s why I said the other day: „You only FEEL the market, when you are IN the market“. For the vast vast majority of people my advise would be: Buy and hold the S&P 500 and get a life. See, John Bogle was no idiot and Buffet isn‘t one either. Link to comment Share on other sites More sharing options...
DrStool Posted December 21, 2022 Author Report Share Posted December 21, 2022 40 minutes ago, fxfox said: Buy and hold the S&P 500 and get a life. TIme stamp that. Link to comment Share on other sites More sharing options...
potatohead Posted December 21, 2022 Report Share Posted December 21, 2022 Link to comment Share on other sites More sharing options...
fxfox Posted December 21, 2022 Report Share Posted December 21, 2022 6 minutes ago, DrStool said: TIme stamp that. If people would really run a trade book, write down their feelings regarding their current open trades on a daily basis, track their p&l correctly, track their true time weighted rate of return correctly they would after 10 years realize 2 things: 1. their feelings regarding a trade were 50/50, could have tossed a coin instead 2. They did not beat the S&P 500 Total Return that counts for 95% of folks. Ok, make that 98%. Link to comment Share on other sites More sharing options...
DrStool Posted December 21, 2022 Author Report Share Posted December 21, 2022 22 minutes ago, potatohead said: What does "priced in" mean. I don't understand that term. I see it all the time, but I have no idea what it refers to. Futures contracts for those dates? Link to comment Share on other sites More sharing options...
DrStool Posted December 21, 2022 Author Report Share Posted December 21, 2022 I got short again. I can't help myself. I have obsessive compulsive disorder. It's one of my compulsions. Link to comment Share on other sites More sharing options...
DrStool Posted December 21, 2022 Author Report Share Posted December 21, 2022 If they drop below 3862 it's a failed breakout. Link to comment Share on other sites More sharing options...
DrStool Posted December 21, 2022 Author Report Share Posted December 21, 2022 And at 3891, bears are in deep shit. Link to comment Share on other sites More sharing options...
fxfox Posted December 21, 2022 Report Share Posted December 21, 2022 3 minutes ago, DrStool said: What does "priced in" mean. I don't understand that term. I see it all the time, but I have no idea what it refers to. Futures contracts for those dates? Yes Futures Contracts. But I think the rationale to say that those Futures contracts reflect the „right price“ is weird. See, it would be like if obe would say regarding an FX Swap that the far leg is „the right price“. It is not, it is just the Future price, whereas the near leg is the spot price. Link to comment Share on other sites More sharing options...
DrStool Posted December 21, 2022 Author Report Share Posted December 21, 2022 23 minutes ago, fxfox said: If people would really run a trade book, write down their feelings regarding their current open trades on a daily basis, track their p&l correctly, track their true time weighted rate of return correctly they would after 10 years realize 2 things: 1. their feelings regarding a trade were 50/50, could have tossed a coin instead 2. They did not beat the S&P 500 Total Return that counts for 95% of folks. Ok, make that 98%. According to CFD bucket shop stats, 30% of traders make money. Link to comment Share on other sites More sharing options...
fxfox Posted December 21, 2022 Report Share Posted December 21, 2022 4 minutes ago, DrStool said: According to CFD bucket shop stats, 30% of traders make money. Outright lie. 3% maybe. If those Contract For Desaster brokers would show tve real figures they would be banned and thrown into prison. Link to comment Share on other sites More sharing options...
DrStool Posted December 21, 2022 Author Report Share Posted December 21, 2022 It's easy to make assertions without documentary evidence. These are regulatory disclosures by major European fx brokers that say that 70% of retail clients lose money. Link to comment Share on other sites More sharing options...
Mkucstars Posted December 21, 2022 Report Share Posted December 21, 2022 Link to comment Share on other sites More sharing options...
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