zdo

This is Dume New Madrid fault... :rofl:

… In that case, when you do your budgeting, probably best to go ahead and write down 66 – 98 % of your principle … fiat ‘depreciation’ + (partial) defaults + ... = approx ... still tripping over yourself to let me refinance at < 0 % rates ? ...supporting or "pursuing opportunities of the past only speeds the dissolution of any Status Quo that depends on spent models of growth." charles hugh smith-Pursuing Opportunities of the Past ... but that ain't dume...

anecdotally speaking - from the set of 'cases' of this I've observed, the bottomline benefits AND the psychological benefits of FX 'perfects' are minimal :doh: ie below the surface, hedging a loss tends to prolong and reinforce the loss... ultimately ... usually ends up worse :crap: ie only 'hedge' winners. :helloooo: .. especially in FX ... just saying... The answers above are good...there are few really appropriate 'hedges' these days. One is owning phyical PM's and strategically hedging with futures... after 20 years at it i'm finally getting pretty proficient at it have a great weekend all

that's a curious question MM For a moment step into 'creditor' What "haircut" would you be willing to accept?

xjgper, Preface: First, I’m going to assume you have already allocated funds to ‘chasing love and lovers’ and that this ‘1k’ is actually purposed to trading. Here are some recommendations… With those funds, open a live account at OandA. Set the leverage at 10:1 Strip the right three numbers off the right of your Balance. In this example, you would be stripping 0.00 off of 1000.00 to get 100. 100 is the max size you would commit to any position. Note: That is ultimately NOT the right size for you in this account. It is simply a beginner’s starting place from which you adjust as you develop your own methods, how many different instruments you are in at once, etc, etc… how close you can run to optimal – f… Set the Default Stop at 115 points. Note: That is categorically NOT the right stop for whatever methods you develop. It is just an adequate starting place for a drop dead stop. Right out the gate one of your goals will be to never let the placed order stop be what got you out… but at least you will not be letting positions ‘get away from you’, ie as my flow coach says “go to the pain, not through the pain” Start exploring and learning the ways and methods that leverage you strengths, aptitudes, and inclinations/interests. Start testing the ‘timeframes’ you are compatible with, ie the ‘crowds’ you have affinity with and from there study the ‘crowds’ you are competing with. If you’re drawing a complete blank on ways based on your strengths, aptitudes, and interests, then the referrals to DBP’s publications (and threads) are better than most places to ‘begin’. Flit flit through to understand the basics of the various methods as quickly as you can… it’s an important, but temporary, stage… btw… you’re looking for the right questions, not the right answers One of the things you are avoiding with this recommendation is sim. Sim has its place, but in my experience it’s best applied after learning - not before learning… ie beware of the jet fighter or race car sim analogies to sim trading… they fall down more than they hold up. And yes, FX is a tough instrument class to learn in… get tough and courageous… if you can do it in FX you can do it in any class of instruments... takeaway from this paragraph = forget safety. get real, you're dealing in adverse, uncertain, ever changing external AND internal 'environments'. Now why would I tell you, a raw beginner, sht that 90% of the ‘good’ posters disagree with and would never recommend? I tell you this stupid bs because I have never seen it fail to reveal the truth! It reveals your real truths for you to see for yourself and keeps you from paying that 1k in ‘tuition’ … and what if it were 100k?you sure wouldn’t want to pay that in tuition would you … (blowing up many-k accounts is not a fun hobby… blowing up any account is not a fun hobby…) ...and guess what - you’d best be learning how to trade like you’re trading ANY account size… so - every time the remaining chars change you strip off the right three chars to increase (or decrease ) your size … and you can add money to this account and still strip off the right three chars to get your new size … and if you ‘practice’ while you’re ‘playing’ well enough, you can gradually (and/ or rapidly) progress on to FCM accounts. zdo

BlueHorseshoe, excellent points … reminded me of charles hugh smith-When Escape from a Previously Successful Model Is Impossible … ‘confined’ environment(s) may be a good place to start describing a whole bunch of the potential dume zdo ps: btw consensus 'appearances' aside - that is not thriving :helloooo:

Yep… only one of many. The “end of the world scenario” does remain out in the tails. In my analysis, we're coming up on 160 years in the current 'crisis'. The duming I’m duming is because, for far too many, the highest probability is that we will continue to maintain the status quo … I personally just don’t see it lasting 100’s (or even 10’s) of years. Paraphrasing a TL poster in the Doom and Gloom thread `Things aren’t dire… We can print money for 20 more years before a real reckoning’ … Even ‘primitive dumb ignernt’ american indian nations did something ‘now’ if they knew something harmful to next or future generations was coming… but today, for some reason, it’s best to not join in any questioning of the way things are… of the status quo… just be cbs-reasonable with your lies… never inflammatory… The Giant Currency Superstorm That Is Coming To The Shores Of America When The Dollar Dies party on bitchez :rofl: Guest Post: We're Heading For Economic Dictatorship | ZeroHedge

USD/JPY: Lemons into Lemonade | Elliott Wave International | Safehaven.com

double posting this for its dume appeal [ame=http://www.youtube.com/watch?v=wJdgudIUHzs]The Day the World Ended - WW3 Simulation - YouTube[/ame]

Who is the idiot who said “we’re already over the cliff”… that the landing is the issue now… ??? Cliff… why cliff imagery? What happened to declining ala going down a steep hill? Are your perceptions being manipulated? How many posters would actually say “we don’t have to reach a deal” ? charles hugh smith-The Fiscal Cliff and the Grand Bargain ... and why are there always 3 guests on every thread I go to now

It seemed to me that the participants of the Doom and Gloom ??? thread in the Trading and The Markets subforum were simply not committed, so I figured it best to start a Dume thread… Glume is not necessary, btw.

7) Iran (and the whole region for that matter)... there will be a war, i'm sure of it. and it's not a healthy war! it is sick actually. US' external policies are always just vomitingly sick!... FutureMoneyTrends.com/TheEnd [ame=http://www.youtube.com/watch?v=wJdgudIUHzs]The Day the World Ended - WW3 Simulation - YouTube[/ame] dotdotdot

Predictor, What if you reset BidVsAsk column at a not so optimal/‘wrong’ time or price? Can you go back where it was previous to reset? ie Revert to pre reset? thx, zdo

mitsobiche, yur spmelling is mor bettr then hiz

He come staggering in Today, 05:04 AM I was thinking Tequilla Sunrises

u spel good [i hope you don't smell like you spell]

...not that I was discounting 'i-ntitlements' Why $16 Trillion Only Hints at the True U.S. Debt - Yahoo! Finance No posts in this thread are doomy enough - cmon ppl :rofl: 12/__/12 is coming up fast!

only 36 posts in a Doom and Bloom thread? and a bunch of them are about i-ntitlemnts... in this forum, we are way too optimistic http://sibileau.com/martin/2012/11/22/anatomy-of-the-end-game/ Hey, at least this guy cops to his 'assumptions'

:o Just skimmed your post and quickly…The weekly chart http://img812.imageshack.us/img812/2478/hnxweekly.png is the best reference chart and the best place to start your count is the high in early 2007…clean, ‘classic’ 5 wave down into early 2009…‘classic’ 3 wave correction up into early 4th quarter 2009…then 1st wave down into end of 2009…sideways wave 2 correction ‘up’ into spring 2010… extending, strong 3rd wave down into the end of 2011…an (alternation example ? maybe...) up correction into spring of 2012…and now it is in a 5th wave down… Will leave the VNI weekly chart at http://img837.imageshack.us/img837/7451/vniweekly.png as an exercise... curiously, in my glancing ‘count’at it – in same since time’07 counts are all corrective action instead of bearish impulse like the HNX weekly. Which leads to… Tip: Don’t attempt to trade Elliott wave until you have studied Glenn Neely (Mastering Elliott Wave book best place to start). An equivalent way of saying same = don’t attempt to trade Elliott wave until you are a master of corrective patterns… the impulse waves take care of themselves… that is, unless you’re a paralyzed analyst who can’t put on positions consistently… a behavior pattern that seems to be endemic with ‘serious’, exclusively ewave traders, btw… Tip: If using the weekly chart, a monthly not needed and daily not needed. (and they are also not suitable ‘fractals’of each other – god I cringe using that word). Just do counts on your weekly . If you are personally sold on shorter time frame/minute (pronunciation = mi noot) counting, then use one other chart in the range of 3 hr (or 4 or ½ session). I personally blve Elliott wave is only applicable to ‘social studies’ of longer time frames… that eWave is a special application of cycle theory… ie in my experience there is no ewave sequence that could not be better understood if seen in terms of summations of cycles… plus summations of cycles also give a much better forewarning of “elliott” wave sequences that go berserk and not do what an elliott wave pattern is supposed to do next. Hth (actually I just hope it doesn’t harm anyone)

Guidelines for reading zdo posts 1) Take peyote* early one Saturday morning 2) Wait until it starts coming on, then go find all posts by zdo in TL http://www.traderslaboratory.com/forums/search.php?searchid=924521 (hopefully that’s a static not dynamic, link) 3)Begin reading them in any order… your (mis)guided psychonautic experience will begin shortly this thread is dedicated to Mitsubishi and.... and ... and... and...you know who you are Happy Thanksgiving All ! * any good long lasting halluc will do … shrooms, lsd…etc

Yea yea when confidence is zero you have already committed suicide. Our strengths are generally stronger than we think…Yada yada. But I didn’t say that. I said in the beginning, referring to, accessing, "progressively shift"ing to, nurturing, (whatever) confidence is a waste of time and energy – practically. I’m saying stay focused on your courage in the beginning. Take no measures of or check your confidence levels. It will emerge on it’s own, in its own time and way. ... “you should nurture and support it” is falling for a “psychological trick (or something)” …you faked us out … thought you wanted to get away from ‘psychological’ Furthermore here’s some more non consensus / non psychological bulsht. “sustained performance” implies that consistency is the path to consistency. It ain’t. Failure and learning how to recover faster and faster and faster is the path to consistency. Not very confidence inspiring I know - but at least it’s not fkn ‘psychological’ly sound

Thanks. tN I also have issues building with the limitations of the psychology word in ‘Trading Psychology’ forums. Please consider this as my 2nd ( or 3rd or ...) request to rename the whole sub–forum to Trader Self Development (or something like that) tN, You rarely put energy into my questions to your new threads...I take it you prefer I butt out … so I’ll just slap down some sht and get out…hope it isn’t too ‘psychological’ for you. Yes you need to “flip”, but be warned! - A contrived flip to “how much…state” is false , phony, artificial ...and it's unsustainable. Authentic confidence emerges naturally and only from repeating actions and observing and assimilating successes. Practically - utilize any ‘planned’, arranged confidence you discover yourself doing (or even being tempted to even think about generating) as a tip to self that your whole inner approach is fktup and setup for failure . Confidence – forgetaboutit! Confidence is of Zero! NONE! Nada! benefit to beginning and struggling traders. So if you have no confidence and it is disastrous to conjure confidence up, what do you apply instead???????? When you have no confidence to rely on – rely on courage. To start, to begin an endeavor before you have any authentic emergent confidence you use courage to start and to persevere when a venture doesn't supply obvious and immediate success

N, You used the word Form in your title Then you said nothing more about it. I don't understand. What happened? zdo this post sponsored by Mystics and Mistakesby Sadguru

:thumbs up: ...first define the environment

Maybe this is the wrong thread to say something like this … it is marginally vendor positive but !!! … there is something to be said for buying the Next Big Things. If you do it enough times you come to realize there is no Next Big Thing … and if you really do it enough times you come to realize there is no Next Big Thing that you don’t immediately understand the ‘thinking’, the ‘model’, even the ‘techniques’ behind what is being exploited. You’d get to where you could even ‘reverse engineer’ most of the Next Big Things. You’d get to where you can immediately tell if this Next Big Thing would help you further develop and ‘sophisticate’ the ways you have come to know work for you because of your own aptitudes and interests. However, if you’ve lost your curiosity…