Oh dear - haven't really done your homework have you. I started working in the markets in 1993. Before the bloody internet even existed matey. First job was as a trader for a medium sized investment / custodial bank.
Honestly FCTA - I am now trying to help you. I suggested you have your own personal private thread for this stuff but that suggestion seems to be being ignored. But I can't say it more plainly - this is a forum for robust debate and the simple fact is, no-one has stepped forward in agreement with your ideas yet, largely I think because you haven't said anything of clarity.
You cite Madoff frequently and hurl thinly veiled accusations at others, which I think puts you on fairly shaky groud as things stand. At the moment you're truly doing yourself no favours.....
Ok let us play ball now.
Nice ego promotion but you failed to say this would be the best way to trade
GBP/USD market you were criticizing. YOu do not have alternative option besides
trading in the age of ignorance. After 2008, the system have been exposed that
banks don't actually trade besides trusting Madoff and other crooks hiding here
and there and irrational investment strategies.
Frankly I do respect old experience of yours. 1993 was my first job as teaching Geography to under-graduate students on how to read maps. Already I learnt more
about fuzziness and roughness of map surfaces before when you started trading.
This is the line that Mandelbrot have pursued and tried to apply it to markets since
1965 or so. He is the only one that have a very close shave on how to detect what is
wrong with crowd movements. The entire crowds and indeed the entire world including yourself could adversely wrong in their market expectations. This is what speculators should be looking for when greed, and fraud and dishonesty got hold of main market movers. You don't just get what is chaos or fractal and you come to call names
and boast of your experience.
If there is any small retail trader who believes that they can continue to imitate
reckless and unrighteous crowd behaviour like yourself as part of it, let them go ahead. If they want to
beat you guys hands down and even their brokers, then let them listen to me
don't block them.
I speak of Madoff as an example of lack of knowledge of people we entrust money to manage for us, why banks and other hedge funds invest what is entrusted to them with just one old crook for 35 years, and then come to the front to speak of robust computerised derivative hedge funds techniques. Is it not the same techniques that a nobel winner have used to wiped out billions in the past.
Common GammaJammar what market did you moved the one that crashed in 2008?
No I did not say my thread should be move to private forum, you are the one suggesting that. It should be here, but you have to talk at the same academic level with me in the field of chaos theory. If you cannot shut up. :-0:-0:-0 and hide your ignorance
It is because when I give you an answeer that hits you below the belt you start shouting like a baby, my thread should be move what do you think other younger people are learning from you?
For those talking of 67 pages they simply use their IQ to turn facts into errors or inflate figures
or reports. In the past we talk about different IQs. those measure on worm and evolution scale
and those on the God's standards.
Why you do not want me to mention wrong investing methods like hedging funds
with Madoff.