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  1. Nowler

    Should I stay or should I go?

    Hey folks! As I have high respect for some of you here on this forum, I would like to hear what you think. As most of you regulars know, I moved from my own country to get a fresh start and to grab opportunities by the scruff of the neck a year and a half ago. I recently started working in an...
  2. Nowler

    Pilot Light Turned Off

    Hey N, Next time your wife gives you that speil, say to her: " When you get to the end all the light you know, and take your first steps into the darkness of the unknown, you must believe that one of two things will happen. 1) There will be something solid for you to stand on. Or 2) You will...
  3. Nowler

    Pilot Light Turned Off

    Thanks lads, but crisis averted! I just fiddled around with the unit for a sec and it kicked into gear :) I pressed the ignition switch and the pilot light dimmed a lot... then I pressed the gas button again and it took off! It's a crappy thing anyway, and should really be upgraded to something...
  4. Nowler

    Pilot Light Turned Off

    Hey folks! I have a somewhat old pilot light/boiler thingy which I decided to turn off yesterdayday to see if we can curb the energy bills. My thinking was that I could just turn it on when I wanted to heat the water for the shower, and then turn it off again... saving money. Problem now is...
  5. Nowler

    GBP focused on Rate Hikes?

    The debt cycle is the credit cycle, right? Because creating credit is in fact increasing debt.. And the cycle you are referring to is the LONG-TERM debt/credit cycle... which roughly takes 50-75 years or so (Where as the economic cycle takes roughly 8-10 years)?
  6. Nowler

    GBP focused on Rate Hikes?

    Thanks for the input buddy. Also, never heard the phrase "ceteris paribus" before, but I'm gonna start using it. Thanks! I guess my understanding of inflation is grossly inadequate. The way I frame it in my head is using the example of printing money or making money cheaper to attain (dropping...
  7. Nowler

    How good are you at trading - just be honest

    Managed to claw back enough to sit me at 4.5% profit this year (2% overall account growth). A fortunate escape from what could have been a nasty outcome. It could have been about 15% profit this year if I didn't falter - which is very good for me considering I'd be chuffed if my managed stocks &...
  8. Nowler

    How good are you at trading - just be honest

    Fair point. That was definitely the first mistake. I should have adjusted for being away from the screen. Thankfully it wasn't a brutal blow.
  9. Nowler

    How good are you at trading - just be honest

    Overall I am I feel your pain... I was doing just "OK", but then I got distracted one Friday when in a position and it went against me. My fundamentals were still there, so I was happy to keep it open over the weekend, but Monday came and it went against me a tiny bit more, but fundamentals...
  10. Nowler

    Forex Quiz

    I got the same :) 7/10 Never heard the name for Danish Krone in my life! I've learned something new :)
  11. Nowler

    What trading books would you recommend?

    Hey buddy. Unfortunately, I dont. But hopefully someone else will chime in with something...
  12. Nowler

    GBP focused on Rate Hikes?

    Vindication! Odds for a GBP rate cut jump today :)
  13. Nowler

    GBP focused on Rate Hikes?

    Hi folks, Why is it that the UK is leaning more towards rate hikes as opposed to cuts? Am I missing something here? We are due a period of contraction, and clearly there are blatant signs of global slowdown. So why is the UK considering hikes before cuts? Then you add the uncertainty of...
  14. Nowler

    Im new to this Site, I SCREWED UP

    My bad. I thought since you were making rookie mistakes and that you posted on a trading forum, that you were looking to improve as a trader. Disregard what I said, and good luck with whatever it is you are doing.
  15. Nowler

    Im new to this Site, I SCREWED UP

    Hello mate, I'm just going to be straight with you, as that's how I'd prefer people be with me. No need to trade in such amounts. You clearly are not able to trade profitably, so why put such money on the line? I'm glad to hear you realise your general error. As one of the lads suggested...
  16. Nowler

    Isn't the EU rate being zero a red flag?

    Talking about the EU banking system failing, Deutsche Bank (with a market cap of 16B) are apparently setting up a "Bad Bank" to offload their toxic debt. Somewhere between 30-50B... Surprised it took them this long to distance themselves from it. On the bright side... their stock is as cheap as...
  17. Nowler

    Isn't the EU rate being zero a red flag?

    Thanks for the input mate. It might not be a foregone conclusion that the USD and CAD will be much more effective at navigating the next recession, but surely its more probable? They have more tools at their disposal. They can use non-standard policies also cant they? Of course, this isnt...
  18. Nowler

    Isn't the EU rate being zero a red flag?

    Thanks for the reply. Apologies for my late one... been a bit busy with other things to sit down and think about this properly. I was considering the relative difference between the likes of the USD and CAD to the likes of the EUR and JPY. I would have assumed reducing from positive values to...
  19. Nowler

    Isn't the EU rate being zero a red flag?

    Anyone care to add something useful?