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pablosanchez

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    TradersLaboratory.com
  • Last Name
    User
  • City
    Quilpy
  • Country
    Australia
  • Gender
    Male

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  • Favorite Markets
    ES
  1. At some point the bubble always bursts, and life moves on, in somewhat of a different form and different shape, but always driven by simple human emotion. The heart of all this emotion is, as always, fear, and the need of some to control others through it's use.... In the case of the markets, fear of losing money, or fear of missing out on making money. And perhaps, sometime in the near future, people will begin to wake up and see that this whole system that we "trade" is nothing but belief. Belief that we can clutch money out of thin air and an electronic box, belief that we need to "work" to make money, to provide us with things we don't always need... One look at fractional reserve banking, and the way this system is set up on foundations of quicksand, is enough to show one that the numbers we watch can never truly get better, and debt can never truly be paid off, only increased in perpetuity. "Fundamentally, the history of the world is a history of growth. So long as there are people, businesses will innovate and economies will expand" Perhaps the one part missing from this is that all empires fall, and new ones rise to take their place. America is unlikely to break that "trend", and, indeed, mighty rome fell once it's financial system melted away. As the zero hedge people state, on a long enough timeline, the survival rate for everyone (and everything) drops to zero. Until this certainty happens in our lifetimes, I'll trade what is in front of me on the screen, whether long or short, and use my stops to limit short-term risk. And when the big fall happens, i suspect that stops, and money, won't truly matter...and maybe i'll grab a bag of popcorn, sit back, and watch it fall, kinda like the final scene in fightclub...:cinema: But by then, my trading will have more than paid for my vegie patch and self-sustaining farm, and hopefully my kids will grow up with a much simpler and more pure way of life... FWIW - I'm bullish :shrug::ciao:
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