Tip Of The Week: When going through airport customs and you are asked "Do you have any firearms with you?" do not reply "What do you need?"
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Yea, I just feel like I went against what I saw on the chart and sold basically out of fear (emotions).
I almost feel like with forex I'd be better off walking away from the computer for a couple hours and just trusting what I saw on the chart and letting it play out.
yea, i see what you're saying.
wish i hadn't bailed so quickly
I wonder how enron's non-managerial employees felt about what happened to them? some of them probably had most of their retirement money in that company on top of it. Toms isn't going to do anything to protect them imo.
If,if its inevitable,wouldnt you atleast get the PR up about that?
that was a fail lol.
nice, sounds like it worked out.
shorting it now
i know. i disagreed by saying I think it's crazy. I still don't understand how the same few people can keep defending him/them. If it looks like a duck and sounds like a duck, guess what....
yea, I have never bought from ebay because I don't trust it. I know many have with success though.
If Toms Needed Time To Get Things In Order To Get This PPS Turned Around Then NO Need To Act Until He Has To.
ya never know, maybe they have 150 mil in revenue too lol. and smart money accumulated today and the last year, so don't worry.
I agree 100%. get it moving or get rid of it. let's get this over with.
you called it months ago.
not for 10 days. maybe for a few hours when big news is being announced. only bad when it is halted for more than a day imo.
another nice one. definitely looks like its going higher from here.
that one looks like it could breakout imo.
yea, i can't find anything as far as DD.
yea, thanks. i wasn't expecting it to happen that quick.
CGHI UP 71% TODAY. I knew something was up. link back for chart.
you must not have a paid account?
edit: never mind, looks like you figured it out.
nope, covered before I went to bed. shorted at 84.77 and covered at 84.59.
the ticker is now sttne.ob
i heard the same thing. they claim they will easily get rid of the 1099 thing.
lol that's exactly what i've wondered. i understand gold and silver's inherent value throughout time but silver at $1,000/oz. is not going to be anything to celebrate because i'm surely not going to sell my silver for dollars when it is about to collapse.
stronger dollar could mean decrease in stock market too though imo.
just shorted chf/jpy...we'll see what happens
beats me lol. probably easy to just say it is another gold play.
this country is in such a mess it's not even funny. and most people are clueless.
CGHI ended the week pretty well. expecting a pullback before it heads higher.
yea, looks good.
so you would not consider buying until after it breaks $5.00?
i heard on the radio over the weekend that regulators in the U.S. are about to prevent people from using overseas brokers to hedge too. Do not remember the details though.
is that what you are talking about? this might answer some of your questions.
National Futures Association Announces: No Hedging for US Forex Brokers
Tadawul FX, in an effort to keep our clients updated on important forex industry announcements, must bring to the attention of our clients the new compliance rule which has been adopted by the National Futures Association (NFA) in the US, the self regulatory organization for forex brokers in the United States. All members of this organization, which includes all US brokers, must adopt the new compliance rule 2-43 which states that ‘as from May 15, 2009, customers of forex dealer members will no longer be allowed to open ‘hedged’ positions in their accounts.’
You can read more on this announcement on the official NFA website here:
This new regulation means that hedging (taking a long and short position in the same currency pair in same account) can no longer be done by clients of US brokers, and the NFA came to this decision as they feel that “customers do not understand either the lack of financial benefit or the financial costs involved”.
Tadawul FX, as a Swiss Forex Broker operating in the EU, is not bound by this regulation and whilst we appreciate the NFA’s concerns over the risks associated with hedging, we still offer our traders the option to use hedging strategies. We believe that many profitable traders do carry out hedging strategies and many of them do understand the risks and costs involved.
If you wish to trade using hedging strategies, you can visit Tadawul FX where our online live forex account opening form will allow you to easily and quickly open your account with us, and you can also fund your account using credit card or PayPal on our secure online funds deposit page.
If you are a Tadawul FX client and would like further information or have any questions on the above NFA regulation, we would be happy to provide further clarification for you.
OFFICIAL NFA ANNOUNCEMENT REGARDING COMPLIANCE RULE 2-43
The NFA has received notice that the Commodity Futures Trading Commission has approved new NFA Compliance Rule 2-43 regarding forex orders. The prohibition on carrying offsetting transactions will be effective for any positions established after May 15, 2009.
The NFA is prohibiting hedging because it believes that “customers do not understand either the lack of financial benefit or the financial costs involved” in carrying long and short positions in the same currency in the same account. Therefore, Compliance Rule 2-43(b) bans the practice and requires FDMs to offset positions on a first-in, first-out basis (FIFO).
http://www.tadawulfx.com/public/company-news/national-futures-association-announces-no-hedging-for-us-forex-brokers.html
DNN up 17% since posted a week ago. link back for chart.