Drpips1's Posts
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 Business › Re: Forex Trading - Season 15 by drpips1(m): 9:44pm On Jan 27, 2015 |
| Business › Re: Forex Trading - Season 15 by drpips1(m): 2:21pm On Jan 27, 2015 |
FOREXMARTS:https://s16.postimg.org/hom5o31lx/10704160_10204281873461688_4469257637173324461_n.jpg |
| Business › Re: Forex Trading - Season 15 by drpips1(m): 11:05am On Jan 27, 2015 |
L2CD766:am not disputing the fact whether he cannot make 100% ROI monthly, anyone can totally make money out of the market chaos, the reasonable is if saying that "i make a million dollars in the market on that day but ........", the "but" is the only information in the statement. fund managers do understand this phenomena better |
| Christianity Etc › Re: The Sins To Remember by drpips1(op): 5:04am On Jan 27, 2015*. Modified: 9:24pm On Feb 01, 2015 |
opps i almost forgot to state this.....Religion without tolerance |
| Business › Re: Forex Trading - Season 15 by drpips1(m): 4:50am On Jan 27, 2015 |
Kirinwa:if you are making 100% return on your investment monthly, why do you still want to manage someone else fund when you are busy doubling your whole account every month ,every solid opinion should be backed up by a corresponding risk as there is nothing without skin in the game......... My one cent opinion if you should manage my account for me (or do you mean ,if i will like to double my demo account monthly  ) 6 Likes |
| Christianity Etc › The Sins To Remember by drpips1(op): 4:26am On Jan 27, 2015 |
Muscles without strength, friendship without trust, opinion without risk, change without aesthetics, age without values, food without nourishment, power without fairness, facts without rigor, degrees without erudition, militarism without fortitude, progress without civilization, complication without depth, fluency without content; Exist without purpose,Justice without mercy,Life without love, these are the very sins to remember.Feel free to add yours  |
| Business › Re: Things Billionaires Won’t Tell You by drpips1(op): 9:22pm On Jan 23, 2015 |
2.“One million — or 10 — ain’t what it used to be.” In a time when the median price of a home in Manhattan is just over $1 million, according to real-estate website Trulia, experts say that being a millionaire no longer means that you’re rich. It could just as easily mean you own your own a home in New York or San Francisco, or have a vacation home on the Jersey Shore. “The word now doesn’t have as much power,” says Charles Merlot, author of “The Billionaire’s Apprentice: How 21 Billionaires Used Drive, Luck and Risk to Achieve Colossal Success.” “In the eyes of the public, even $10 million is considered at the low end of high-net-worth.” For the global elite, keeping up with the Joneses, Gateses and Buffetts can require, at bare minimum, an eight-figure annual income. The online listing site Jameslist.com, a Craigslist for the super-rich, lists helicopters for a snip at $7 million-plus. (Failing that, one could always quietly take a share in one through a site like FlexJet.) For those who believe a Bentley is too — well, obvious — the fastest and most expensive production car in the world is the $2.4 million Bugatti Veyron Super Sport car. Billionaires who don’t want (or like) their neighbors can check out PrivateIslandsOnline.com, which has a collection of hideaways around the world to choose from. The 225-acre Katafanga Island in Fiji in the South Pacific is currently on the market with a price tag of $20 million. In the movie “The Social Network,” a semi-fictionalized account of the founding of Facebook FB, +0.17% Justin Timberlake, in the role of Napster founder and early Facebook backer Sean Parker, tells the Mark Zuckerberg character, “A million dollars isn’t cool. You know what’s cool? A billion dollars.” (Parker has, in interviews, denied he ever said that in real life.) Indeed, those who have worked with billionaires say that, to be considered rich among their elite, a million doesn’t cut it. Billionaires and millionaires may sit side-by-side on boards, Martiak says, but handshakes and smiles aside, billionaires don’t see millionaires as their equals. 3. “This is basically a boys’ club.” Women are making some progress: There are 138 women among the 1,426 people on Forbes’s Billionaires List this year, up from 104 last year. Still, more than 90% of billionaires are men. Perhaps that should come as no surprise, considering that just 4% of CEO positions at Fortune 1,000 companies are held by women — a strikingly small proportion considering that 18% of members of Congress and 30% of U.S. District Court Judges are female. Luckily, rising through the corporate ranks isn’t the only or even the most common way to become a billionaire. The richest woman in the world — Liliane Bettencourt, 91, who has $30 billion — inherited her fortune from her father, who founded the cosmetics giant L’Oréal. And the late Rosalia Mera, one of the 20 richest women in the world, was self-made: Although she dropped out of school at age 11, she co-founded the global clothing chain Zara (she died in August). A more novel theory for the boys’ club: For some young male billionaires, testosterone may have given them their start. “The coolest thing about Mark Zuckerberg and Eduardo Saverin is that they never did it for the money,” says Ben Mezrich, author of “The Accidental Billionaires” and “Bringing Down the House,” which became the sources for “The Social Network.” “The main impetus for them at the very beginning was to meet girls. It turned into a billion dollars.” |
| Business › Things Billionaires Won’t Tell You by drpips1(op): 9:18pm On Jan 23, 2015*. Modified: 11:11pm On Feb 24, 2015 |
What happens when so few control so much of the world’s wealth https://s8.postimg.org/4rwbxm2hh/MW_BP126_billio_20131113122905_MG_jpg_uuid_23685.jpg 1.“We just get richer and richer.” In 2013, the wealth of the world’s billionaires reached a record high — helped by 200 newcomers like Facebook founder Mark Zuckerberg. The 2013 Forbes Billionaires List names 1,426 billionaires with an aggregate net worth of $5.4 trillion, up a whopping 17% from $4.6 trillion last year. And that doesn’t include royalty or, um, dictators. Of those, some 442 make their home in the U.S. (there are 386 in the Asia-Pacific region, 366 in Europe, 129 in the rest of the Americas and 103 in the Middle East and Africa combined, according to Forbes). The average net worth of each U.S. billionaire: $10.8 billion, up from $9.1 billion last year, according to a separate survey released this month by private wealth consultancy Wealth-X and UBS. Meanwhile, the rest of the country’s net worth has actually fallen since the Great Recession — and has yet to recover. Adjusting for inflation, real net worth per U.S. household hovered at $652,449 by the end of June 2013, according to the Federal Reserve, or about 95% of its 2007 level of $684,662. If that seems inordinately high, that’s because the majority of U.S. households carry their net worth in their home. That average also is inflated by, well, millionaires and billionaires: In fact, around half of U.S. households have a net worth of no more than $83,000, a Pew Research Center’s analysis of 2010 Federal Reserve survey found.) And while ordinary Americans have seen their net worth fall since the recession, billionaires saw their net worth rise by over 50% from $3.5 trillion in 2007. |
| Business › Re: Forex Trading - Season 15 by drpips1(m): 4:26pm On Jan 22, 2015 |
points on why Draghi more than delivered and EUR/USD has lots more room to fall As the ECB announced QE. Buying sovereign bonds in a Quantitative Easing program finally happened, and it happened big time. Draghi seemed determined and rightfully so. The initial market reaction was somewhat hesitant but the euro began it’s slide. Is that all? Probably not. Here are some points about why the move is huge and why it should impact EUR/USD quite severely: Big flows: 60 billion is more than estimates of 30-40 billion and 50 billion leaked just on the previous day. As Draghi stressed, the flows are certainly meaningful. Big size: With the intended end date of September 2016, the program has an intended size of over 1 trillion, at the very top end of market expectations. Initial staff preparations were reportedly only at around 500 billion and the markets were moving towards 750 billion. 2 Likes |
| Business › Re: Forex Trading - Season 15 by drpips1(m): 11:28am On Jan 21, 2015 |
Don't Get 'Overexcited' About Thursday's Meeting: ECB Nowotny The European Central Bank's policy meeting on Thursday will be interesting but we "shouldn't get over excited about it", ECB Governing Council member Ewald Nowotny said this morning. Speaking at a Euromoney conference in the Austrian capital this morning, European Central Bank (ECB) Governing Council member and Austrian central bank chief Ewald Nowotny said that the much anticipated ECB monetary policy meeting on Thursday will be an interesting one but we "shouldn't get over excited about it." The euro zone central bank's deliberations will be closely watched amid strong expectations that bank President Mario Draghi will announce a full-scale bond-purchasing program. |
| Business › Re: Forex Trading - Season 15 by drpips1(m): 9:22am On Jan 21, 2015 |
An announcement on QE in the euro-zone seems imminent in the euro-zone. The shocking move by the SNB with its accompanying hints and recent comments from ECB officials have paved the way for a very significant announcement. The reaction for EUR/USD depends on the size of the program. But, Draghi and co. will not necessarily give us an exact total number, but could go for other options such a program without a time frame, choosing a percentage of national debt as a measure, etc. Here are the potential scenarios for the January 22nd event, with probabilities and possible reactions in EUR/USD: QE worth around €750 billion: This would fit nicely between €500 billion reportedly prepared and the big T word: €1 trillion euros. Counting the other tools such as the TLTRO and ABS, a QE program of this size would make the total balance sheet expansion reach around €1 trillion, as the Bank intended. In this scenario, the euro would slide, but not collapse. Probability: high. QE worth €500 billion: This is what the ECB staff was originally preparing, according to reports, but since then it seems that the move would be larger. Such a move is basically priced into EUR/USD and the reaction would be a “sell the fact”. Probability: medium. QE worth €1 trillion or more: It could a a program of “up to one trillion” and not necessarily reach this sum, but the effect would be strong enough and would send the euro free-falling. Probability: low. QE of up to 25% of total debt, by NCBs, with opt-outs: This is certainly a valid option according to what Knot had to say and it implies even €2 trillion. However, if bond buying is done at the national levels, with the National Central Banks (NCBs) rather than the ECB and countries could opt out, Germany would certainly a candidate that could avoid participation, taking a lot of weight out of the program. This could trigger a mixed reaction and lots of confusion in markets but hurt the euro. Probability: medium-high. QE of up to 25% total debt, managed by the ECB: In this scenario, the ECB manages all the bond buying, and does it relatively quickly, printing lots of euros and steering fast towards the 2012 balance sheet. This would send the euro plunging fast. Probability: medium-low, due to German opposition. No QE now: Some are still expecting the ECB to only talk about acting in March but not do anything now. Given recent hints, the probability seems very low. If this is the case, the euro would jump, as avoiding action now could mean avoiding action later. Unlimited time frame: If Draghi takes a page from the last Fed book, he would announce monthly bond buying and no time frame for ending it or tapering it down. An unlimited program is the strongest one, and parity for EUR/USD is an option for the next days, depending on the monthly quantity. However, the probability is low: the ECB does adopt other banks’ policies, but usually not the latest ones and not the most extreme ones. We are assuming that the ECB will not go for buys of corporate bonds, an option that was raised in the past but could be kept as a possible “Phase II” – keeping ammunition in the tool shed. |
| Business › Re: Forex Trading - Season 15 by drpips1(m): 9:01pm On Jan 20, 2015 |
Fibonacci retracement on G.U ....seems to be heading for a pullback or still on retracement or in between https://s9.postimg.org/8hflz9ukf/gbpusd_h1_hf_markets_ltd.png |
| Business › Re: Forex Trading - Season 15 by drpips1(m): 9:43am On Jan 20, 2015 |
tom29reloaded:if a trader with low capital is using a leverage of 1:10/30, then he is a retail trader with little or no collateral in the market because the forex market is so gigantic that only big players would afford the margin of standard lots($100,000), are allowed to participate without leveraging, which is the reason brokers exist for retail traders and speculators, with the leverage in question, a trader is likely to go into margin call faster in ratio of the capital existing in the account In Forex trading, a small capital deposit can control a much larger contract value. Leverage gives forex trader the capacity to make extraordinary profits and at the same time keep risk capital to a minimum. Forex broker may offer 200 to 1 leverage, which means that a $500 dollar margin deposit would enable a trader to buy or sell $100,000 worth of currencies. a pip is said could be a 0.0001 units consequently, if you made 100pips as profit it means you made (0.0001 X 100 = 0.01) as your profit , this does not make any sense at all, and that’s where leverage comes in, leveraging instruments is a powerful tool that makes Forex trading very attractive and this is how it functions; If I have $500 for instance, a leverage of 1:200 will itself with the deposit $500 making it $100, 000, now let’s calculate the value of my one pip (0.0001) that will be 0.0001 X 100,000 = 10.0, therefore my pip value is capable of becoming $10 per pip!, there is another trading variable called the lot size, the $10 per pip stated above is the pip value of one standard lot or numerically written as 1.0 lots, meaning if you made the same 100pips used in the previous example, instead of having a $0.01 profit now you have a deposit of $500, yielding (10.0 per pip X 100pips = $1000 profits banked making a total balance of $1500 in your account balance |
| Business › Re: Forex Trading - Season 15 by drpips1(m): 6:59am On Jan 20, 2015 |
drpips1:Target hit and profit taken- netpips banked +50 points |
| Business › Re: Forex Trading - Season 15 by drpips1(m): 8:18pm On Jan 19, 2015 |
Just sold G.U @ 1.51283 with a 50 points target......... |
| Business › Re: Forex Trading - Season 15 by drpips1(m): 11:29pm On Jan 15, 2015 |
infofirst:Depends on the Regulation,and the reputation the broker have i think endfx1:you are right about this Email received this evening from FxPro: Dear Client,this shows they don't offset all orders to liquidity pool, they are market-maker in disguise |
| Business › Re: Forex Trading - Season 15 by drpips1(m): 3:53pm On Jan 15, 2015 |
okemmadu:are you looking for odiaero, or the "Holy Grail" ,well i guess the simplified answer to that is everyone trading here has the holy grail, it whats fetches everyone the bucks |
| Business › Re: Forex Trading - Season 15 by drpips1(m): 2:24pm On Jan 15, 2015 |
Shevychen2:just checked, No wonder, there wasn't change in the data release,and it spiked that much,well i was only glued to USD by 2.30, as that was my major concern today and everything else technical, it a good thing to be patient shay, it was a whipsaw on most pairs |
| Business › Re: Forex Trading - Season 15 by drpips1(m): 2:15pm On Jan 15, 2015 |
naijababe:Really, guess thats more funds in the world bank, and such events are confidential wanted making an entry but on the pair i was, that could be so dangerous if i had not follow my gut |
| Business › Re: Forex Trading - Season 15 by drpips1(m): 1:56pm On Jan 15, 2015 |
Shevychen2:Put that ECHF on a 5Mins Chart ,for good ten minutes the price just disappeared, only to find out quoting a deep fall,with no major fundamental release, what else could be synonymous to that  |
| Business › Re: Forex Trading - Season 15 by drpips1(m): 12:57pm On Jan 15, 2015*. Modified: 10:07pm On Feb 02, 2015 |
tom29reloaded:Thanks ,those guys looks attractive, but not that cool for day and swing traders. only scalpers can take advantages of their razor spread |
| Business › Re: Forex Trading - Season 15 by drpips1(m): 12:52pm On Jan 15, 2015 |
infofirst:Price manipulation especially that ECHF that not volatile at all |
| Business › Re: Forex Trading - Season 15 by drpips1(m): 12:11pm On Jan 15, 2015 |
tom29reloaded:sorry broh, i also experience that with them when i was trying their platform ,did even bother to bank with them,if a brokers platform is likely to freeze , the best one can do to stay safe is download their mt4 multiaccount manager terminal, in there you will see what going on with your account and how your money is counting whenever their platform freezes 2 Likes |
| Business › Re: Forex Trading - Season 15 by drpips1(m): 12:02pm On Jan 15, 2015 |
okemmadu:Just as when you mix pure and impure material, the result is impure, uncertainty can contaminate certainty but never the other way around. When you multiply an uncertain variable by a certain number, the result is uncertain (and not certain). If the multiplier is >1, the result is even more uncertain (this is leverage, which compounds uncertainty). So if you are told that a result is deterministic, say by theorem, but the person saying has a small probability of having made a mistake, the result will no longer be deterministic, but random.  |
| Business › Re: Forex Trading - Season 15 by drpips1(m): 3:32pm On Jan 14, 2015 |
drpips1:T.p Hit on all G.U Trades ,netpips banked 60pips |
| Business › Re: Forex Trading - Season 15 by drpips1(m): 9:38am On Jan 14, 2015 |
drpips1:just Bought G.U @ 1.5200 |
| Business › Re: Forex Trading - Season 15 by drpips1(m): 12:00am On Jan 14, 2015 |
. |
| Business › Re: Forex Trading - Season 15 by drpips1(m): 11:44pm On Jan 13, 2015*. Modified: 12:02am On Jan 14, 2015 |
willscolf:lol.......as for G.U that am posting here none for this week hopefully tomorrrow , i love this bird of prey and i learnt from it whenever i wanna make my entry , if trading a real account u know what talking about- i wont be posting often though depends on availability, but will tell u all my trades exits properly to pipscity
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| Business › Re: Forex Trading - Season 15 by drpips1(m): 8:48pm On Jan 13, 2015 |
drpips1:G.U to be sold @1.5117 , thats just what i can afford to sell |
| Business › Re: Forex Trading - Season 15 by drpips1(m): 1:38pm On Jan 13, 2015*. Modified: 2:34pm On Jan 13, 2015 |
drpips1:Stopped@ BE looking to buy back pending on 1.5195, still looking bearish on the range |
