Where is that green dot thing when you need it?

Education for Investing at a B.A. Level

Please God, just let him tell me the name of 1 broker that quotes off market pricing. Single-handedly bankrupting a broker sounds like so much fun.

Price movement as a function of Supply and Demand

This is precisely why the concept of zero sum has to be analyzed through the concept of complete liquidation. While it is certainly true that your direct counterparty may benefit from purchasing your profitable position, the net result of all the ...

Where does the money come from?

I'm not angry. I love the discussion. My apologies if it came off that way. You can't have fractional reserve banking without loaning out the non-fractional component of the reserves. In plainer language, the moneysupply does not increase until a ...

Where does the money come from?

I relalize its gay to bump a dead post, but there are only a few days left to sign up for the contest.

Challenge - Oanda contest

Ture enough. Just be careful with this line of thought. When the carry starts unwinding (as it has at least twice in the last year and change) it's like the building is on fire and nobody cares about the interest differential. The Yen crosses are at ...

Yen oversold?

I'm not saying companys don't have value, I'm saying that the stock price is only conceptually related to the company. Unless or until a calculation can be shown that directly equates the intrinsic value of a company to the market capitalization of ...

Where does the money come from?

It was around April 20, 2005 that comments out of the G-7 indicated the Asian currencies needed to appreciate. Take a look at what can happen when those comments start flying. How many days of swap do you need to cover 1000 pip drop?

Yen oversold?

These are the key points. First underlined: If they perceive the shares are worth more, but do do not increase the amount of money chasing the existing shares, the value will not increase. The offer price can shoot up $100, but until a bid hits it, ...

Where does the money come from?

OK, instead of me giving examples and explinations, lets have you explain the calculation used to discover the intrinsic value of a stock and work from there. What is the intrinsic value of say Apple Computer's stock. They have no debt so it should ...

Where does the money come from?

I missed this the first time through. Your right it wouldn't and thats precisley why it IS zero sum. The value of a stock has nothing to do with the value of the company it is meant to represent. The stock price is purely determined by the market ...

Where does the money come from?

It doesn't make sense because you falsely assume that stock prices are set by the hand of God to equal some intrinsic value. Do some research on what happens when a publicly traded company enters chapter 7. I think you'll be extremely surprised at ...

Where does the money come from?

It seems like Davos has put some risk factors for the carry trade on the table. Rumors abound that the G-7 will focus on the weak Yen and that has the market cautious. I think what were seeing is defensive positioning ahead of the G-7. That will be ...

Two Down, More to go?

You put together a well reasoned argument given the information at hand. The failure was on my part in explaining the concept. It's not so much an opportunity cost to the purchaser as it is a movement of money in and out of the market. The purchaser ...

Where does the money come from?

Well, I would be pushing even harder but the lack of oco and if-then orders is a bit of a hastle for most people. We should have them soon though...

Is this a common broker procedure??? (news slippage)

True enough, but that just makes it more complicated to understand.

Where does the money come from?

Like I said, some markets are just more abstract in their method of price discovery. There was a recent discussion on this exact subject about a week ago. Dig through my posts and you'll find it...

Where does the money come from?

I have this on my Currenex platform.

Is this a common broker procedure??? (news slippage)

You should try using a rediculously simple system with very clear rules to develop the discipline your lacking. Its pretty hard to do when you have pattern recognition systems because there is so much ambiguity in entry/exit. Try something like: Buy ...

blew out another account...Just venting...

I throw on nonsense directional trades on the FXCM demo fairly frequently. Helps pass the time. Anyway, I opened and closed probably 6 trades today, so the problem is more then likley on your end.

FXCM problems on DEMO