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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Perspective who wrote (92763)3/25/2008 8:10:07 PM
From: orkrious  Respond to of 110194
 
THE DIE IS CAST…
THE CAST WILL DIE
Darryl Robert Schoon
March 24, 2008

gold-eagle.com

excerpt:

Today, Americans are looking to the Fed to protect them against the financial chaos threatening our economy. This is tantamount to the Jews in 1930s Germany looking to the Nazis to stave off a possible holocaust. The Fed cannot help America with its economic problems because the Fed is itself the cause of those problems.



To: Perspective who wrote (92763)3/25/2008 8:19:07 PM
From: benwood  Respond to of 110194
 
Extreme leverage is what helps most people create a small fortune for themselves. Out of a large fortune.



To: Perspective who wrote (92763)3/26/2008 9:04:14 AM
From: Oblomov  Respond to of 110194
 
That's what the trading platform will let you do. When I traded spot currencies, I limited myself to no less than 20% margin (5:1 leverage). It still produced some hair-raising moments.



To: Perspective who wrote (92763)3/26/2008 12:45:30 PM
From: silvertoad  Respond to of 110194
 
not at all - leverage is like fire; a boon if used wisely -- and very destructive if not. i can control $10K with $200; so the other $9800 can sit in t-bills. like any other trade, one just has to figure out how much risk one wishes to take and act accordingly... of course i keep a few thousand in this FX acct so as not to worry about margin calls (actually, there are none, they just automatically cover your position if acct value falls to 0).

all in all, the mini fx acct is very nice, as it allows one to play "small" in currency markets; normal acct, in which one trades with ~ $100K worth of currency (for maybe 1 or 2K margin) is too large for me at this time - then i would worry. ;>