Reitings: Full Star Full Star Full Star Full Star Full Star
GBP who blames whom ?
Iepriekšējās 1 2 3 4 Nākamais
tradfred

Biedrs kopš Jul 13, 2016  36 ieraksti tradfred Dec 20 2016 at 12:53
MC85 posted:
tradfred posted:
That is what I think. Many take advantage of the 'winning wave', but it is not the fate of small traders. Is there a way to predict these crash?


I don't think we can predict these crashes. It's out of the scope of the small individual trader... But even the big fishes are getting hit by surprise.



You're right about this.

tradfred

Biedrs kopš Jul 13, 2016  36 ieraksti tradfred Dec 20 2016 at 12:56
@RPatell I think being cautious and properly managing the money is the recipe smiley

RPatell

Biedrs kopš Apr 17, 2015  64 ieraksti Raj (RPatell) Dec 20 2016 at 12:58
tradfred posted:
@RPatell I think being cautious and properly managing the money is the recipe smiley


Yes, exactly! Also don't put all eggs in one basket wink

Knowledge is king!
tradfred

Biedrs kopš Jul 13, 2016  36 ieraksti tradfred Dec 20 2016 at 12:59
RPatell posted:
tradfred posted:
@RPatell I think being cautious and properly managing the money is the recipe smiley


Yes, exactly! Also don't put all eggs in one basket wink



Oh yeah. Do not rely blindly on a single option

petros72

Biedrs kopš Apr 01, 2016  15 ieraksti petros72 Dec 20 2016 at 13:54
dear valuable readers,
when i first public this 'GBP who blames whom' i would have no idea that so many people will read it and comment on it and also agree with me. i really thank you all for participating and comment in my post.
i would like to tell you one think as far as our market regulators and control authorities of financial markets are doing nothing to prevent such events we will meet them again and again during our trading life.
did you know that after each flash crush is been taken place an investigation?
did you know that every time they are catching the fat finger bank trader who is responsible for that?
do you know what is the verdict for such a crime?
a maximum of 4 years in prison.
a sentence of 4 years is actual 2 years full time serve period.
what prison??? a prison without walls or fence nice food looks like paradise where great bankers and traders are spending their 2 year holiday before they come out and enjoy the hundreds of millions they stole from innocent traders.
you know why there is no fence and walls because they will not escape
in front is the arctic ocean where you will die in 5 minutes if you try to swim on the back is the frozen Iceland where you will be eaten by polar bears and wolfs, but, on the other hand why to escape if you can enjoy the nice holiday get rest and after to enjoy your millions.
enjoy the tour to the world's most beautiful prison:
https://www.bloomberg.com/news/features/2016-03-31/welcome-to-iceland-where-bad-bankers-go-to-prison

RichardBills

Biedrs kopš Mar 25, 2015  74 ieraksti Richard Bills (RichardBills) Dec 20 2016 at 15:30
'@petros72 Interesting story, indeed. So what would you suggest as a good solution? Do you think regulators can prevent such crashes and how?

petros72

Biedrs kopš Apr 01, 2016  15 ieraksti petros72 Dec 21 2016 at 07:53
i do not have IT knowledge to propose a solution, but as it looks like the problem is in the algorithm trading system we are all using day by day. as far as a single trader from a single computer can manipulate the price of GBP the world's oldest currency, that under normal conditions, only BOE can do, what can i say. either the regulators cannot fix the trading system either the big banks who are acting as market liquidity providers DO NOT want to fix it and they are hand to hand with the trader who is flash crushing every now and then. for 100 millions to be honest i could do it if i was in their shoes and i could go for 2 years holiday prison in Iceland, i love nature, i love fishing salmons and i love watching polar bears

jamess2

Biedrs kopš Aug 20, 2016  29 ieraksti jamess2 Dec 22 2016 at 07:25
petros72 posted:
dear valuable readers,
when i first public this 'GBP who blames whom' i would have no idea that so many people will read it and comment on it and also agree with me. i really thank you all for participating and comment in my post.
i would like to tell you one think as far as our market regulators and control authorities of financial markets are doing nothing to prevent such events we will meet them again and again during our trading life.
did you know that after each flash crush is been taken place an investigation?
did you know that every time they are catching the fat finger bank trader who is responsible for that?
do you know what is the verdict for such a crime?
a maximum of 4 years in prison.
a sentence of 4 years is actual 2 years full time serve period.
what prison??? a prison without walls or fence nice food looks like paradise where great bankers and traders are spending their 2 year holiday before they come out and enjoy the hundreds of millions they stole from innocent traders.
you know why there is no fence and walls because they will not escape
in front is the arctic ocean where you will die in 5 minutes if you try to swim on the back is the frozen Iceland where you will be eaten by polar bears and wolfs, but, on the other hand why to escape if you can enjoy the nice holiday get rest and after to enjoy your millions.
enjoy the tour to the world's most beautiful prison:
https://www.bloomberg.com/news/features/2016-03-31/welcome-to-iceland-where-bad-bankers-go-to-prison




It is so outrageous to know that this is how the great system is handled ...

jamess2

Biedrs kopš Aug 20, 2016  29 ieraksti jamess2 Dec 22 2016 at 07:25
RPatell posted:
@jamess2 @MC85 @NEEnah @trill12 @tradfred Guys you are right, I completely agree with you that we should be very cautious especially if we don't have much money to put on the table. No way we can predict these crashes, really, it's not our game to do so but to try and mitigate the risks via diversification, close account monitoring and proper money management. In India people often use astrology to do forecasts. You never know when it will work but it is important to be confident still. Wish you all good luck and safe trading!



And you think this can work for astrology? I'm skeptical about this.

leopoldo

Biedrs kopš Dec 17, 2015  41 ieraksti Mario (leopoldo) Dec 25 2016 at 07:49
@petros72 @trill12 @jamess2 You are right guys, it all about the big money but no one takes real responsibility when such flash crash mistakes happen... And remember - a huge loss for someone is always a huge profit for someone else in trading. We never know on which side we will be.

Need for speed!
Iepriekšējās 1 2 3 4 Nākamais
Wholesale Price Index (YoY) (31 min)
USD/INR hits record high of 70.32(15 min ago)
EURUSD 1.13905 GBPUSD 1.27289
USDJPY 110.804 USDCAD 1.31182

Tools

Kopiena

Apskats

Brokeri

Platforma

Atbalsts


Twitter |  Facebook |  Lapas karte  |  Noteikumi  |   Privacy Policy
©2018 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.