Recent content by seekingTruth16

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    Brexit and the Consequences

    I can't argue with you intellectually. I accept you're right, and everything you just said is correct. I can only argue from the heart. And that's something that's hard to defend. But I feel Counter Violent is right, people are tribal, and things will not end nicely. And this did not need to go...
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    Brexit and the Consequences

    True. Can't disagree, but the feelings are real. I don't think it's wise to ignore them. We have the opportunity to make a life that we can enjoy. A future that's good for us. Fair. Hard work, but with rewards. Not clear how a person can thrive when the landscape is shifting so significantly for...
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    Brexit and the Consequences

    The far right might be getting nowhere, but I think you're missing something if you think there isn't a change of sentiment towards uncontrolled migration in the EU. I think you need to travel more and speak to the locals. It doesn't need to be the far right. I was recently shocked while on...
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    Why do people start with small accounts?

    I wasn't referring to people that want to learn, play around, have a gamble with small amounts on the side. I mean people who think they can make a living at this, starting out with small accounts. It's just not realistic, and it's not a good way to grow your wealth and pay for your lifestyle...
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    Flash crash trader Navinder Singh Sarao loses US extradition case

    Under Dodd-Frank it is illegal. That doesn't mean if you accidentally put in an order and then cancel it you have committed a crime, but if you take an approach that continually posts orders withthe intent to cancel before being filled, then it is a crime. Not the easiest thing to prove intent...
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    Choosing A Broker For My Situation

    Does this mean you lost 44% in 5 months?
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    Choosing A Broker For My Situation

    I don't want to advise a broker, and I don't know the minimum amounts you would need to trade with various options. I think most would say that it is typically better to trade a real market with transparency and fairness, like an exchange (some exchanges have been accused of unfairness too)...
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    Choosing A Broker For My Situation

    You say "where price must pass the TP by a distance determined by the current spread" but there is a bid price and an ask price, not a single price. If you are in a true market, an exchange for example, it's possible to get filled at the ask, you don't need to necessarily wait for the bid...
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    Back after a few years

    Could LuckyMutley = Lightning McQueen (former member) Sorry, stupid random guess.
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    Why do people start with small accounts?

    No (as in I didn't deposit more than 10k, but yes I had more than 10k for trading if I wanted to deposit it) and no to borrowing against ones home, that would be reckless.
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    The Problem with Technical Analysis

    Sometimes when you're lost and failing and don't really understand, you hit out aggressively at people that are offering you help. You might not realise it's help, because you don't want to listen. It's almost never necessary to be rude or aggressive and insulting to others. It usually...
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    The Problem with Technical Analysis

    A moving average is objective. You decide what it's based on, you can base it on the close of a particular timeframe, the high the low, whatever you want. It's just an average. It's an example of TA. I think there are a lot of TA indicators that are objective. That doesn't necessarily make them...
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    The Problem with Technical Analysis

    What if price movements aren't based on any objective laws, but are instead based on subjective judgment of key market participants. Subjective laws. Do your complaints about the need for objectivity still hold? Anyway, good post. Mostly agree.
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    Why you shouldn't demo trade

    Yes, there comes a time. But if you can't swim in a relatively safe environment like a shallow swimming pool, you aren't going to last long being thrown into the ocean with powerful waves. Plus the more unprepared or scared the person is, the faster they will drown. A safe place to learn first...
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