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Forex Forum Archive for 01/26/2008

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Vienna GD 19:00 GMT January 26, 2008 Reply   
LAGOS 19:02 ... most important of all: start trading at a broker where YOU choose possy size and not the broker.
A standard account will kill you way faster than you can imagine.

There are brokers available where you even can trade in cents. You can loose your shirt even with a mini account!
Start with 1/10 or 1/3 or 1/2 of a mini account and once that works over weeks and also when mediumterm trend goes against your expectations, increase possy size.

You will loose most, when there are mediumterm reversals and you sit on wrong side and stick to your position.
80-90% of trader are losers. You will belong tho these group whether you want it or not. Only thing you can decide is the amount of losses you will take. Therefore: in the beginning trade SMALL!!!

Checkout all posts of bc in all boards here.

Currencies can go either direction. There is no floor and no ceiling. With commodities there's almost always a floor.
Accordingly i trade at least xfold in commodities of what i trade in currencies.

gl & gt

AZUSA 4x-ed 18:21 GMT January 26, 2008 Reply   
USA Zeus 17:37 GMT January 25, 2008
Zeusology was and remains one of my favorite subjects! None-the-less, there’s a fair bit of wisdom sprinkled in the mad(den) statement, considering that one must pass Trading 101 before gaining knowledge from the higher level courses.

How the heck are u amigo?

MLT PA 16:24 GMT January 26, 2008 Reply   
Too true.

Spain - El Mundo
"Those who had warned Prodi that a vote of confidence in the Senate had every element of a political suicide were right", explains the daily. "The president Giorgio Napolitano had suggested to Prodi that he should throw in the towel without submitting himself to a second vote of confidence (The deputies voted their confidence on January 24th). Prodi did not listen to this advice ... . His calculations were wrong. ... With or without Prodi, Italy is in need of radical reforms. The fundamental problems are economic anaemia, a rather uncompetitive energy sector, public services that are hostage to trade unions and the weakest birth rate in Europe. ... If Italians finally go back to the ballot box, Italy will have to confront an economic crisis with a provisional government and a demoralised society that barely trusts political leaders at all anymore." (25/01/2008)

Como Perrie 12:27 GMT January 26, 2008 Reply   



 The Eurispes Report on Italy
2008 highlights the growing detachment between citizens and politics
 

"I am as separate
home, no longer have anything in common"


 20 million
workers underpaid
 

And the first
emergency are waste



The 45% of Italians
feel poorer.The 78.5% are pessimistic about economic
 

A million and a half
precarious.
 
Six million have double jobs, "forced stakanovists"


 


link
to google translated page here





to add italian politics are seen from the outside as irrational and autolesionistic

ltn th 11:28 GMT January 26, 2008 Reply   
Mtl JP 19:24 GMT January 25
An Australian perspective on the issue:-
http://www.theaustralian.news.com.au/story/0,25197,23110050-643,00.html

shenzhen nt 04:20 GMT January 26, 2008 Reply   
Joke of the week

How to ensure FED will cut another 50bp this month?

Easy. Just post a job ads on NY Times.

*** Premium Finance Post ***

Position:
Honorary Global Market Consultant for a leading US financial institution

Requirement:
ex-FED chairman preferable
strong academic background, Ph.D plus teaching experience in top University preferable
energetic, age <65 preferable
brilliant track record of saving US economy (e.g. brave 125bp rate cut in January)

Salary
125 million per annum plus very generous fridge benefits

Interested party please send resume to [email protected]

 




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