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Johnpaul77
in
Galvenais
Aug 04, 2015 at 12:30
They. It's a group of people not an individual.
What makes one a Professional Trader?
in
Galvenais
Aug 04, 2015 at 07:18
Well, I live in Thailand more than I live anywhere else I suppose. And the generalisation you make is quite offending, and I'm not even Thai. Fact is, it's more a reflection of your values, than it is of Thai values.
What makes one a Professional Trader?
in
Galvenais
Aug 04, 2015 at 06:38
Yeah. Money isn't everything, just worthless pieces of paper. Kind of pointless dedicating your life to collecting as much as possible, fools errand. Time is everything. Not money.
What makes one a Professional Trader?
in
Galvenais
Aug 03, 2015 at 23:07
It's on his old site. Open your eyes, he says so in the first few lines and the old site has a break down by years. And why should he show people or earn the extra income? He's got nothing to prove. He can sit for the rest of his life sipping beer looking at his water buffalo without having to bother with other peoples bullshit. Like what you're doing here. Must be fake or he's not greedy or kind enough, something must be wrong with the old git. Anything...People (read clients) quite frankly are a pain in the arse. Everyone think they are so important that the guys who can trad...
What makes one a Professional Trader?
in
Galvenais
Aug 03, 2015 at 22:46
@FxMasterGuru I'm talking about people like this:http://malcolmmorley.com.auhttp://fxtrade.oanda.ca/learn/stories/malcolm-morleyHe is just one example. I've been at this 14 years now. I've made friends over the years on various forums which ultimately translated into real world friendships. I travel a lot. And I mean a lot as in a couple of maxi passports later, and as I went I made a point of looking up my online fx friends. Malcolm lives in Thailand now and we used to have fairly regular mountain bike / beer sessions till he moved to another village. So this is not just a guess....
What makes one a Professional Trader?
in
Galvenais
Aug 03, 2015 at 21:46
@CaptainVita If you want to meet dependable Thai's it would help if you stop hanging around places like Pattaya, the bars and girls that come with them. For **** sake, what do you expect if you hang around areas dedicated to sex tourism ?Plenty of really good Thai folks out there. Just not where you like to hang out. @HammoRen Paying the bills is just a baseline. But someone who can't pay their bills from trading can hardly claim to be a professional trader.
What makes one a Professional Trader?
in
Galvenais
Aug 03, 2015 at 07:47
Not true Guru.I know quite a few people who only trades for a living, including one enterprising fellow who has been earning a living trading Oanda's API for the last decade. And when I say know, I mean as in I had beers with them. In Singapore and Thailand. AAs I said, they draw living money from the trading accounts. That's how you tell if someone is a pro or not.
What makes one a Professional Trader?
in
Galvenais
Aug 03, 2015 at 07:20
Regular withdrawels. If someone is truely a pro they will have to use the trading account to pay bills. Simple as that.
Grexit warning!
in
Galvenais
Jul 10, 2015 at 15:22
Might want to read this: http://www.zerohedge.com/news/2015-05-11/war-threat-rises-economy-declines-warns-paul-craig-roberts
Grexit warning!
in
Galvenais
Jul 10, 2015 at 15:19
Pull an ostrich if you want. Worry about one of the smallest economies in Europe. But take note that it's not about Europe or Greece. It's about the world, Greece is just the first domino to fall. Rest of Europe, US and even China by the looks of it is right behind it.
Grexit warning!
in
Galvenais
Jul 10, 2015 at 15:02
Unfortunately you're wrong. Both Russia and US have already stated they will use nukes offensively. US drew up plans, Russia responded in kind. This is of course very different to the cold war era stance of MAD where the plan was only to fire once the other's missiles were in the air. Now remember, the same people who own the banks, own the military industrial complex and the media. And they have caves (read bunkers) to hide in. They don't give a shit about us. It will be them who determine what happens here. As we speak NATO is deploying heavy equipment on Russian borders. But Ru...
Grexit warning!
in
Galvenais
Jul 10, 2015 at 14:33
Tell that to the people of Greece mate. The two goes hand in hand. The biggest threat is not immigrants. It's a couple of old men trying to hang onto a failing banking empire. They will start world war III to do so. Immigrants don't have nukes.
Grexit warning!
in
Galvenais
Jul 10, 2015 at 00:46
@togr Careful what you hope for mate. Some of the possible outcomes is the end of NATO and Russian involvement in Europe. Central banks going to want to try maintain their failing financial system in the face of new competition. It can get very ugly, as in WW III ugly, very quickly. Whatever happens in Greece is also the template for the rest of the western hemisphere.This whole thing scares the heck out of me. I've started planting food. And brushed up on Bitcoin. It's not about Greece, it's about what follows Greece.
Grexit warning!
in
Galvenais
Jun 30, 2015 at 11:57
All the action is in NZD for the last 24 hours...
Grexit warning!
in
Galvenais
Jun 30, 2015 at 07:37
Well - if the week can carry on like this I could get somewhere for a change.
Grexit warning!
in
Galvenais
Jun 27, 2015 at 13:49
The other thought around this, we need to remember Cyprus was a practice run for bail-in's. Within 3 months after that most western countries changed their laws to do the same. If we see this in Greece, and I suspect we will, it doesn't take much to imagination that the whole of Europe will see bank runs. I suspect there's been a slow run for months already as the money went east. And that means bank failures. Considering the OTC exposures that some of these banks are sitting with and their exposure to sovereign debt...There's only 3 ways this end. Decades of deflation, hyper-i...
Grexit warning!
in
Galvenais
Jun 27, 2015 at 08:50
Lol - You think it's over with Greece ? We've got Spain and Italy coming, which are far bigger problems than Greece. Greece is just the first of the European countries to fail. Meanwhile the Russians and Chinese are launching a second global financial system that most of Europe, thus NATO signed on for precisely because the western system is starting to fail. The only way for US to stop that is to have a NATO country attacked in the next 6 months which will be WW III.That is if the system survives that long. We'll be lucky to be alive in 6 months, never mind trading. EurUsd is the...
Grexit warning!
in
Galvenais
Jun 27, 2015 at 05:57
Meanwhile eurusd moved a whole 50 pips for 3 days.
Moment that changed you from losing to winning trader
in
Galvenais
Jun 15, 2015 at 17:39
@JojoW He learned. Same thing we do in trading. There's only one way to learn. All those times you burned your fingers, so you don't put it on the stove anymore. And eventually it's not so much what you do, it's what you don't do. There's no "Aha..!" moment. Just a whole bunch of burned fingers.
Moment that changed you from losing to winning trader
in
Galvenais
Jun 15, 2015 at 11:53
Thomas Edison might disagree.
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