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08-05-2010, 10:44 #61
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Re: King Solomon's Investment Wisdom
great strategy, thanks
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08-05-2010, 17:01 #62
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Re: King Solomon's Investment Wisdom
Thanks a lot for sharing fxbroker
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08-05-2010, 17:44 #63
Re: King Solomon's Investment Wisdom
Thanks and God bless you all, if there is anything or question any person want to ask that relates to helping anyone undersand markets better other than gambling ask.
I am not hoarding anything. I have been studying chaos and fractal since 2006, I have used almost all indicators even before today's panic and unstable markets.
Trading first come from your mindset - who you want to obey, standard to obey, then risk, and then framework to observe behaviour of participants whether they meet your standards to cast your net.
Those harassing others don't know better than you.$5 per day auto-trading service -
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08-05-2010, 19:43 #64
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Re: King Solomon's Investment Wisdom
Interesting method, i give u 4 out of 5 star
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08-05-2010, 20:53 #65
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Re: King Solomon's Investment Wisdom
This is too much to read FxBroker, could you please break it down to a few lines of how to trade your method. Thanks.
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08-06-2010, 07:30 #66
Re: King Solomon's Investment Wisdom
Hello FX broker I see you have new system, pray tell its meaning.
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08-06-2010, 07:31 #67
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08-06-2010, 08:21 #68
Re: King Solomon's Investment Wisdom
Actually I do not understand this is too much to read. My post, the thread, or investing with king Solomon's Wisdom?
In a forum it is easy to answer a specific question like how do I turned on Bill Williams' fractal indcator on my chart, but more dificult to explain what is fractal, how can we use it, and in what circumstances.
Do you know that Elliot Wave theory could have been a great tool but they could not explain or nailed what is fractal, how to identified nested fractals. In order to solve this problem he fell back to using Fib ratio.
Fibo ration itself is a wrong application to determining end of market cycle.
Fibo ration work on the premises that repeatition of events is likely going to fall in between the 7th and 8th sequence. Why you will actually find this assumption to be correct if applied to price, but is inappropraite when applied to market cycles. For example if there is an end of cycle at the 7th sequence, you cannot have half cycle.
But Fibo will give you a ratio of reptition. Even if we have a new cycle from the 8th sequence, will market behave like it did in 7th cycle. it is most likely if markets are inanimate objects like ocean waves with fixed and near deterministic motion. But markets are outcomes of human behaviours so they will not repeat themselves in exactly the same way in the 8th cycle. (Here sceience is wrong in their assumptions)
Why do we need end and start of market cycle instead of price actions?
To know when to start sowing or harvesting.
It is not a matter of indcator but a matter of philosophy which one need to grasp first.
A doctor don't start treating patience by learning and practicing how a Scissor works but first by learning general medicine, different diseases, causes, and cure before looking for a Scissor. Actually a nurse can also perform surgery at the detriment of the patience.
Is the same thing is happening in financial investment - we have to many mathematicians, computer programmers, Statisticians, engineers, etc doing the work of a nurse in the financial markets, Even econometrician fell into the trick because they have been carried away by tools instead of methods.
When we focus on indicators we lost the game, indicators are only showing wrong or bad investment behaviours, It is your mind that control what you want out of what you see. you choose what to pick, bad
or good behaviours investment behaviours being presented on the screan by your chart.
Not what the chart will present tomorrow, or what it has presented in the past.$5 per day auto-trading service -
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08-06-2010, 08:24 #69
Re: King Solomon's Investment Wisdom
FxBroker, Yesterday is already a dream and tomorrow is only a vision, but today well lived makes every yesterday a dream of happiness and every tomorrow a vision of hope. Good will to you friend in your endeavors.
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08-06-2010, 09:24 #70
Re: King Solomon's Investment Wisdom
Thankyou, I don't know where I came across your nick before, you have a forum? anyway thanks for your compliments.
I could post much here if it is not purposely hijacked like my old threads.
Begin Zulu Trade: Is it a scam or not. I know there is another thread going on.
But this what a good trader need to first find out or ask himself or herself. The truth is that we all make this mistakes in the past and came in with wrong notion.
The first scammer is you (not NIRVANA). Not zulu trade or signal provider. If you can uncover how Zulutrade is scam, you won't need a signal provider from them, you be able to trade for youself, but because you failed to learn and educate yourself, you go on to handle over your account to a signal provider. Zulu trader have nothing to do with whom you choose to some extent because of this clause:
Trading spot currencies involves substantial risk and there is always the potential for loss. Your trading results may vary. Because the risk factor is high in the foreign exchange market trading, only genuine “risk” funds should be used in such trading. If you do not have the extra capital that you can afford to lose, you should not trade in the foreign exchange market. No “safe” trading system has ever been devised, and no one can guarantee profits or freedom from loss.
This is where the giant scam starts from. If fund managers, technical analyst, Wall Street Traders, bla bla bla, knows and trust their tools there will be no need to put the risk factor or warning which means the scam actually start from trading tools sellers as well that are not saying the truth.
Also NFA, CFTC are part of the blame by allowing the risk warning instead of asking traders or fund managers to declare the truth openly what exactly they can do or stay by their promises.
Broker knows this so they only capitalisd on lack of knowledge to run business.
Wrong indoctrination of drawdown and stop losses.
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What Zulutrade and other auto trade have popularised which is wrong is the emphasis on drawdown and stop losses, if you know how deep the market can go wrong you should calculate risk accordingly. The game is. Do not lose an investment or a penny if you can. Remember the story of Jesus and the lost sheep or penny? Every investment is good untill it proves otherwise.............you make profit from long sufferings, pasturing and caring for your investments. This rule contradicts the world's views of quick profit which is greed and agressiveness inspired.
If you know the market will grow over the next years, you should sow unto that economy or have the mentality of buying. This make you a NOW investor, or trader not controlled by back testing or what the future holds. The economy will always grow into the future for every 7 years this what the Bible says.
You trade like the big short like Warren Buffet and Soros. In the past it was not possible with brokers because they limit their station to only 10%, there was not way in 2006, 2005 you could trade micro. $1000, are easily swallowed even 10k.
With micro you can convert 500 into 50,000, and trade 1%, 2% or 3% and plan on that cents profits you will be getting. This is the truth. Buffet and the rest invest as little as 1% of their equity.
This concept is also borrowed from the Bible - Sow sparingly and reap Sparingly. It is a law.
He did not say it is wrong to sow sparingly. but is wrong to sow sparingly and expect bountifully, it doesn't work.
If you need bounty harvest look for bigger capital to invest 1-3%, you will win all times. This truth is hard for newcomers who want to make it quickly. The other truth is diversified.
"If you do not have the extra capital that you can afford to lose, you should not trade in the foreign exchange market. No “safe” trading system has ever been devised, and no one can guarantee profits or freedom from loss."
What is extra capital meant for? as cash reserve when evil strike in the markets. if you do not have extra cash it creates fear in you not in the markets, it create anxiety, etc. it leads to errors.
God is always right, and man hide God's truth.$5 per day auto-trading service -
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08-13-2010, 08:06 #71
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08-13-2010, 09:29 #72
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08-13-2010, 09:30 #73
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08-13-2010, 09:31 #74
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08-13-2010, 09:40 #75
Re: King Solomon's Investment Wisdom
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08-14-2010, 08:13 #76
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Re: King Solomon's Investment Wisdom
Well what exactly is being proposed here? Is this a high yield investment plan? I was told to stay clear of those.
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08-19-2010, 15:09 #77
Re: King Solomon's Investment Wisdom
Who knows really, very fackin confused right now
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08-20-2010, 08:51 #78
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08-22-2010, 10:29 #79
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08-22-2010, 11:27 #80
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Re: King Solomon's Investment Wisdom
Did you guys see these EA's yet? Amazing stuff http://www.blackbox4x.com/advisors.html
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