Recent content by LondonJimmy

Yup, plenty of support at $1065. I can not see gold dropping below there. Irrelevant to me though, I am not concerned with these short-term movements and I am holding for the long-term (5-10 years). I do not believe we are at the end of the gold run as is looks bullish long-term.

Not the end of the bull run. Just a downside day. We have been in a bull market for the past 10 years with plenty of days where gold has dropped. This is all to do woth the euro, among other factors. US looks in worse shape as they seem to want to continue with the stimulus and the Keynesian...

If you can't work it out for yourself I am not sure I should bother, especially when you post like ipso facto you are correct. Modern definition is that inflation and deflation tend to relate to prices. In the long run changes in the money supply tend to equate to changes in price, but the...

The OP must be some sort of loon that thinks the answer to being in debt is to borrow more. His posts look like they were written in crayon.

LOL bigman, I didn’t think you were that ignorant. Re money supple and prices, there is a difference. Firstly, I think in terms of money supply. The government has messed around with the CPI throughout the years that it is crap for the purpose of historical comparisons. With regard to the...

N Rothschild, How are you defining inflation and deflation? Money supply or prices? If you answer this then we can have a discussion.

Thanks for the reply guys. trader_dante will let you know if/when I become profitable. I will also check out those links you sent me...it appears that I can't access the first one though.... Thanks for all of the help.

Hi WackyPete, Thank you for your reply. I might just deposit some money at home and try to learn the ropes there. I am new to trading so it will be a long road. However, I have made some good money investing adopting a buy-and-hold strategy. I guess I like investing using solid fundamentals...

So many prop firms seem so keen on selling you a ‘trading course’ where the cost is pretty high (around 3k). Is it all just a con? I realise that at a prop firm you are risking their own capital, but there are plenty of stages to get through before that happens. Plenty of firms want you to put...

Interesting. I am only new to trading so was just stating my opinion from what I have observed (in a limited sense). I am just finishing university and can’t wait to get into the real world. University seems quite biased as you tend to learn how some people believe it is impossible to beat...

I want to go one further. Is TA even worth the bother? It doesn't fit in with my intuitive instinct. I would much rather trade on solid fundamentals. TA seems good for getting your broker rich....

Thanks for the posts and the info. Keep it coming!!

Hi I am new to this forum. I graduate this summer with a degree in Finance and my goal is to become a successful trader. I am eager to learn and this forum looks like a great place. Keep up the good work. James