Recent content by George Soreass

there are huge huge HUGE parallels between trading and poker! ...

Well, POKER is "gambling" but not in the roulette sense. A player, a good player, can get the odds on his side (no certainty, just increased odds of winning). Same with trading. There is no secret formula, but there are good traders who make money day in day out, year in year out, and it's not...

Well this is why gold is held up so highly right now.... I don't rule the possibility out - yet I have only 2% of my assets in gold, 98% is in cash, I don't even own property despite having enough cash to pay for one - it's a troubling prospect :eek:

Cheers but not really looking for a daty trade view, I was wondering about the longer term move ..... any view on that?>

Mixed opinions from friends in the business, which one is the lesser of two evils? I happen to think the pound will be far weaker of the two anyone have an opinion on this matter? :eek: been calling currency trades awfully since last year, when I was forward hedging my euros from 0.76ish...

:clap: You KNOW it

Maybe a dig at my question ... I don't see anything wrong with talking about earnings and salarys. We're not nurses, we're performance players like a basketballer, a singer, or an actor. I doubt Brad Pitt minds it going public that he makes £15m a movie, I don't mind saying I make avge about...

I imagine so !! :sly:

Just wondering, and are you self employed or at a firm thanks :clap:

:smart: :smart: It is gambling .... of course it is. We can't CONTROL the outcome, but like poker, there is a skill, and there are good and bad players. We are in control of where we buy, where we sell, when we cut losers, how far we run winners - when we stay out, when we get involved. So...

Beware the pundit more like .... have you seen how many pundits were wheeled on to CNBC all proclaiming the end of the bear market is here!!! And that was BEFORE the dow even sunk below 10'000 pundits are really worthless .... I thought last year was for me personally, and for a great many...

Stocks have rallied, and you would think with such aggressive unwinding of defensive bets in the last few months gold would ba at 700 bucks, but here it is at 900, only a few % shy of all time highs ..... ........ what do you think? still a massive cyclical bull market? I still think it's the...

yeah apparantly the innocent hard working high earners are to blame for the mess we're in, and have to pay tens of thousand a yeah more to pay for the mess .... does make you feel better to see Fred Goodwin on a 700k a year pension

haha ..... choc is absolutely right!!! :cool: