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Leonlorenzo replied Oct 12, 2009I'm not sure what you're saying, or trying to. I don't think most of the people here even have a clue about the requirements of profitable trading. I'm starting to find it quite sad. Most, including my self in the past, are naive when they start out ...
Make Millions Trading Fx
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Leonlorenzo replied Oct 12, 2009How can you be sure of this, have you felt the testicles of a profitable trader before?
Make Millions Trading Fx
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Leonlorenzo replied Oct 12, 2009IMO... To trade for a living profitably requires a lot more than an interest. Obsession is the needed qualification; Forget trading as a hobby. Consider the fact that a prospective Financial Econ undergrad needs at least ABB at A level to be ...
Make Millions Trading Fx
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Leonlorenzo replied Oct 11, 2009'Plan your trade, trade your plan', is this what you were trying to say?
Make Millions Trading Fx
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Leonlorenzo replied Oct 4, 2009I'm one of them, a guaranteed £800(inflation adjusted) per month for no effort for the rest of my life is worth a bollock. Id want it back though if anything went wrong with my other one
.Myth Busters the Forex Edition
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Leonlorenzo replied Oct 4, 2009Where in the UK do you live? £800 would be great while living with my parents, but your actually poor attempting to run a house on that EVEN in the north.
Myth Busters the Forex Edition
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Leonlorenzo replied Oct 4, 2009Does anyone know where I can buy some pink laces for my blue suede shoes?

Saving Capitalism from Capitalists....
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Leonlorenzo replied Oct 2, 2009Bed time for me too, 3am nearly here. Thanks for posting, I'm enjoying your input. Leon
Saving Capitalism from Capitalists....
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Leonlorenzo replied Oct 2, 2009I used the wrong terminology. What I intended to say was "money in circulation". Does money in circulation only ever go up? Thats not to say that the worth of the currency is the same, More currency = lower worth or purchasing power. I'm reading ...
Saving Capitalism from Capitalists....
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Leonlorenzo replied Oct 2, 2009Thats Frikin genius! So the process of a CB decreasing the interest rate leads to other banks lending off the CB, and then they lend to the public also at a decreased rate(obviously higher than the CB rate though- this is where the banks profit). ...
Saving Capitalism from Capitalists....
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Leonlorenzo replied Oct 2, 2009Is solicitation allowed in this area of the forum?
so i've lost half my capital
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Leonlorenzo replied Oct 2, 2009Thanks for the previous two recommendations, Ive got plenty to be reading now.

Saving Capitalism from Capitalists....
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Leonlorenzo replied Oct 2, 2009For anyone else wanting to learn about CB's and their roles(My research shows): The attraction of a Private(separate from the Government) Central bank is that the current elected party can not sway public opinion (to stay in office) by flooding the ...
Saving Capitalism from Capitalists....
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Leonlorenzo replied Oct 1, 2009I think I've got this now. Fed reserve did not spend a penny on the AIG bailout. Their role in this circumstance was assuring the treasury that the bailout was indeed necessary. Case closed.
Saving Capitalism from Capitalists....
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Leonlorenzo replied Oct 1, 2009Just out of curiosity, how is it that you know so much regarding the Fed? Just general interest or have you worked in the Financial sector at some point?
Saving Capitalism from Capitalists....
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Leonlorenzo replied Sep 30, 2009@ Everyone - Thanks, the picture is getting much clearer. @Darkstar - No problem, I consider you as someone who knows your stuff. As for me, my opinions are in a constant state of evolution, but with time and learning I'm sure they will start to ...
Saving Capitalism from Capitalists....
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Leonlorenzo replied Sep 30, 2009Yep, i sore FED bailout + Taxpayer money and came out with things the wrong way round. Fed lends the gov Dollars for bailout sounds much more sane
. You learn something every day. Wish someone would have told me earlier though so I didn't make a ...Saving Capitalism from Capitalists....
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Leonlorenzo replied Sep 30, 2009Maybe I'm misunderstanding. Did the FED lend money to the tax payer/GOV to nationalize AIG? If so, that makes sense, besides the fact that I'm seeing conflicting figures about AIG ownership. Some sources state that it is 80% taxpayer owned while ...
Saving Capitalism from Capitalists....
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Leonlorenzo replied Sep 30, 2009I don't know, or think I know anything until I read it or am told it. The heading on this site about AIG and their Bailout, says as such ..."AIG Bailout: $85B in Loans, 80% AIG Taxpayer Owned", Yet the Bailout of AIG is credited to the FED in places ...
Saving Capitalism from Capitalists....
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Leonlorenzo replied Sep 30, 2009Yes. It's just an odd relationship in my eyes. A private corporation that receives money from the Government for bailouts of other businesses. I see no reason why a central bank can/should not be Public. Why cant the treasury do the bailing out ...
Saving Capitalism from Capitalists....