Amongst the hundreds of trading books available the subject of money management is hardly ever discussed, the predominant content of trading books usually consists of strategies, patterns, formulas..This pattern of content is repeated on forex trading forums. Look closely at the visitor numbers on the sub forum categories and you'll quickly discover that the main […]
Understanding Positive Expectancy in Forex Trading Read More »
Chinese proverbs, you could spend an age reading the short stanzas whilst contemplating the meaning and being humbled by the wisdom of an ancient culture that has fashioned, reduced and compartmentalised certain life events into short dynamic phrases. Visions of Yoda like Chinese overlords, reverently musing their economic pearls of wisdom, in quiet whispers to
When the Tree Falls, the Monkeys Scatter – 树倒猢狲散 Read More »
As the saying goes; “a week is a long time in politics”, but in Silvio Berlusconi’s situation it’s been an incredibly short week. Last week he’s schmoozing Chinese officials in an attempt to woo China in the hope that China will become the de facto bank of last resort for Italy and indirectly prop up
Italy gets downgraded and now it's Berlusconi's turn to get boiled Read More »
Overtrading – the excessive buying and selling of securities by an investor in order to increase the probability of successful trades. Can the phenomena of over-trading be explained away by the singular use of a one line description, does this one sentence fully cater for all the nuances and complexity involved? It's suggested by many
The Misnomer of Over Trading and How It Differs from Impulsive Trading Read More »
One of the drawbacks of reporting financial news is that there are times when huge macro economic events completely dominate the financial news landscape. Greece and the Euro problem are THE issue of the moment and the markets and the mainstream and financial media just can’t move past the subject. “The only story that matters
Ancient Greek News and Obama's 'Buffett' Tax Read More »
There's been a subtle change on the high streets of the UK over recent years. Previously betting shops were mysterious smoke filled denizens where the errant uncle, father or grandfather wasted a proportion of his wages each week, (in between visits to the local pub), they're now clean, open inviting places offering a massive range
Is Forex Trading a Form of Gambling? Read More »
Germany’s ten biggest banks need €127 billion euros of additional capital the German newspaper Frankfurt Allgemeine Sonntagszeitung reported over the weekend, citing a study by economic research institute DIW. The paper quoted Dorothea Schaefer, a respected research director for financial markets at DIW, who predicts that the ratio of banks’ equity capital to balance sheet
Terminal Velocity, the IMF and Goldman Sachs Do The Math Read More »
The United States is the world’s largest producer of ethanol fuel. The U.S. produced 50.0 billion litres of ethanol fuel in 2010. Ethanol fuel is mainly used in the U.S. as an oxygenate to gasoline. In 2009, from all the ethanol fuel consumed in the country, 99% was consumed as ethanol in gasohol. Most U.S.
“We’re taking no lectures from you” was the polite message European finance ministers and policy makers subtly delivered to USA treasury secretary Geithner on Friday during their meeting in Poland. Austrian Finance Minister Maria Fekter found it “peculiar” to be lectured by the USA, a country with higher aggregate debt than the euro area. When
European Finance Ministers: USA Should Get Own House in Order Read More »
The outstanding news event of the day was undoubtedly the revelation that major central banks around the world will now cooperate to offer three-month U.S. dollar loans to major commercial banks in order to ensure that money markets won’t ‘freeze’ as a consequence of Europe’s sovereign debt crisis. This co-ordinated and concerted effort could have
US Dollar Liquidity Operations Coming Up Read More »
