Recent content by cowmadagan

  1. cowmadagan

    yuan ??

    you can also buy a maximum of 20 000 RMB per day at a Taiwanese bank. You can also buy gold coins and bars at some branches, like the bank of Taiwan branch near Taipei Main Station. Here's the price list, in NTD.
  2. cowmadagan

    Site becoming less and less accessible

    There are two limits to convenience. One is accessibility to the advantages, the other is the education required to notice options. The ambitions of convenience don't always lead to people being convenienced.
  3. cowmadagan

    RITA LASKER'S SPAM SITES - Forex Robot SPAM

    After you're done with Ricex....can you tell me if I left the iron on?
  4. cowmadagan

    just cut through the chase

    first, you tell us the strategy so that we can have some idea how to give you the specific instructions.
  5. cowmadagan

    Are you insane?

    and also, don't be afraid to take demo breaks if you've lost a chunk of your account. Also, don't decide to trade (leveraged) forex full-time until you've been trading live for two years on basically a daily basis. The 'two year' number is the number I choose where I wouldn't immediately call...
  6. cowmadagan

    Comments Welcome!!

    Ricex, true dat.
  7. cowmadagan

    Mrs. Trader Wife

    I'm struggling too bro...wife is beating market watching recently... I'm taking it as a bullish indicator for waiting until trades are just outrageously obvious before getting involved. Seriously, I'm not making light of your pain. I swear that about 80% of my forex losses are a direct result...
  8. cowmadagan

    Forex and religion

    Good answer MM, The only thing that I might add is about your good and evil bit. You've touched on the fact that good and evil are subjective, but you didn't address the mistake of moral relativism. For example, it's a bad call to say that the Athenian men had sex with boys and that's ok for...
  9. cowmadagan

    Best forex education site?

    For now, poke around the FPA (this) site. There's a whole whack of free stuff that has been gleaned out of paid programs, and also deep dark realities that brokers with a conflict of interest won't tell you. Also, over and above the education sections on this site, we're currently putting our...
  10. cowmadagan

    What is really meant by "Forex Market Hours"!?

    Tyce, I didn't use the word 'broker' even once. Furthermore, 'Central Banks' are issuers of national currency, they don't trade on a daily basis, and the big funds like in credit default swaps and banks dwarf the ability of the central banks to get their own way. The openings and closings...
  11. cowmadagan

    What is really meant by "Forex Market Hours"!?

    That's when banks do most of their trading. While bigger banks have a night trading desk as well, the banks do most of their trading during those times which also means that that geographical area is responsible for vast majority of the major movements. I should also mention that the...
  12. cowmadagan

    Forex and religion

    Well, a corollary to your idea, Rice, is that many researchers wouldn't do anything of value for society either. I'm primarily aiming this at the ones who simply find more ways to get grants, like much of the experiments in psychology. A made up example of this is: 80% of people tested decide...
  13. cowmadagan

    So Cal Quake, how will it affect Forex mkts

    If that happened, I'd bet on the CAD.
  14. cowmadagan

    “FUNDAMENTAL’s” vs “technical’s”

    Yup.. I also believe that any technical bet against the fundamentals can just profit from the delay of the inevitable. The Aussie and CAD, literally this week, have proved it. The envy of the world's banks in Canada still got spanked to the tune of seven cents against the USD in as many days...
  15. cowmadagan

    Question on FOREX profits and US TAx treatment

    Well, accountants have a vested interest in spending more time on your account, and keeping your business. Also, they are on the hook if they screw up. There's nothing stopping you from 'getting a second opinion' like from a doctor. Also, I'd be concerned about lulling yourself into a false...
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