which is the best forex robot for the year 2013 ?
Wednesday, January 15, 2014
, Posted by Ryanita at 7:00 PM
Mohammed
which is the best forex robot for the year 2013 ?
Will my broker support?If yes/no how could i check..
Please give me suggestions of those robots which you are using and is confident ...
I had lossed a lot of money in forex dont wanna loose more ...
thanks a lot in advance guys...May GOD bless you all
Answer
You should have learned from your experience.
Forex is a losing proposition for amateur traders.
You are playing against the big boys who probably are the ones that wrote the robot code, so they know exactly how you would behave in any situation.
They are trained professionals, equipped with co-located supercomputers, able to access news feeds just before most other folks, and with millions to allow them to pressure you until you egt killed via margin calls.
What chance do you have against these people? you may get a winning trade once in a while, but eventually the majority of amateur traders lose.
Learn from your experience. Stay away from Forex.
You should have learned from your experience.
Forex is a losing proposition for amateur traders.
You are playing against the big boys who probably are the ones that wrote the robot code, so they know exactly how you would behave in any situation.
They are trained professionals, equipped with co-located supercomputers, able to access news feeds just before most other folks, and with millions to allow them to pressure you until you egt killed via margin calls.
What chance do you have against these people? you may get a winning trade once in a while, but eventually the majority of amateur traders lose.
Learn from your experience. Stay away from Forex.
What if that Gold ETF market turned out to be like that Salad Oil Scandal?
Liberal Sm
The scandal involved the company Allied Crude Vegetable Oil in New Jersey, led by Tino De Angelis, which discovered that it could obtain loans based upon the inventory of its salad oil.[3]
Ships apparently full of salad oil would arrive at the docks, and inspectors would confirm that the ships were indeed full of oil, allowing the company to obtain millions in loans. In reality, the ships were mostly filled with water, with only a few feet of salad oil on top. Since the oil floated on top of the water, it appeared to inspectors that these ships were loaded with oil. The company even transferred oil between different tanks while entertaining the inspectors at lunch.[4]
Once the scandal was exposed, American Express was one of the biggest casualties. Its stock dropped more than 50% as a result of the scandal, which cost the company nearly $58 million. De Angelis was convicted of fraud and conspiracy charges in connection with the scandal and served seven years in prison, gaining his release in 1972
http://en.wikipedia.org/wiki/Salad_Oil_Scandal
Whereâs the Gold?
Meanwhile, the well-publicized, ongoing disgorgement from ETF plays, such as SPDR Gold Shares (GLD) is NOT going into warehouse inventories, certainly not at COMEX. In fact, the evidence is that this gold is going to refiners in Europe, and thence to China and other gold-buying locales. The GLD outflow is no longer available to Western investors â not at current prices.
Hereâs a trend that is NOT your friend.
The gold is going away, and I strongly suspect that it wonât come back in our lifetimes. National wealth â in the form of gold â that required generations to accumulate is leaving our economy. Itâs migrating east.
Should we be worried? Wellâ¦it will only take a small change in âgold psychologyâ for more and more Western investors to figure out whatâs happening. The smart ones will demand delivery of physical metal, and the sooner the better. Then we could see a price melt-up for gold unlike anything in modern history.
http://countingpips.com/forex-news/2013/11/the-comex-gold-shortage/
Answer
That is "paper gold", not physical metal.
Problem is, there is a lot more paper gold than actual gold.
There's a lot more to this but ETFs are not actual gold, it is computer entries.
That is "paper gold", not physical metal.
Problem is, there is a lot more paper gold than actual gold.
There's a lot more to this but ETFs are not actual gold, it is computer entries.
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