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It sounds a bit like what happened with the IRA in Ireland, it started out as a group dealing with discrimination and then the extremists took over and it went to the next level.On the dangers looming for the west...
Not share trading and following Mr Skate post
About the rise of antisemitism in France.
For 40y , the front national, a nationalist movement, now the RN has been labelled as racist, antisemic and members/ sympathetic voters treated as being Nazis.
As a result, and for the last 40y including last election, if heading to a duel, far leftists,communists, greens, to right, LNP equivalents banded together to prevent RN access to power.
Yet, gay bashing, women attacks and rapes, knive street slaughters as well as christian and Jewish sites desecrations have now reached extremes, churches are burnt by the hundreds, jews attacked or assaulted in the street...
But not by the RN, the so called far right, but by their new muslim imported far left youth. 600000 a year, year after year, overwhelmingly african muslim young boys
The riot last Sunday were not by disappointed far right voters, but by the antifada.. the very same Chavez loving far left which managed to get control of the parliament
I will also share some figures:
These elections votes:
far left LFI 25% 7.5 millions
RN 36% votes.10 millions
Macron party 23% 7 millions
By far RN first party by vote..yet at the parliament, in seats
LFI (far left( ended in #1 position
View attachment 180318
So democracy when initially set for a duopoly can become very twisted and hugely non representative.
I hope Australia will avoid the slow descent.vote well, do not swallow the BS on the propaganda and switch off their ABC.
This fight is really for the foundation of our western society, notion of law and order, property rights, equality of opportunity, not equality of outcome, justice and ultimately good and evil,(not in the religious meaning).
The US of A has switched off its beacon, we need to find our own and this is not tribalism, apartheid, or universal income/squatters
Back to the share market, which has a link as our next market/economic collapse will most definitely bring these critical issues to the surface.
PS
As you can tell, i am not a Melanchon fan, this is a really dangerous party nazi means national socialist.. never forget that second part
i consider myself more Australian than French and my ethics prevent me from voting in a faraway country where i would not be have to assume the consequences of my vote, so this is all seen as a mirror of coming troubles here
four postings on this thread and I got no emails for this.
The email function is working , but it only sends one message no matter how many posts are made and you must log in (read the post) in order to reset the email function. Then when you are logged out, new posts will trigger an email notification once again.
@Skate
@peter2, that's good to know. Only sending a single message regardless of the number of new posts, and requiring a login/read to reset the notification trigger is an interesting quirk to be aware of.
Skate.
First year loss happened you have made the profit I hope?In My Final Year of Trading
My largest single-position loss was ($426,925.08), while my biggest signal-position profit was $325,677.10. However, when I tallied up the results at the end of the year, the overall performance was still impressive.
Confidence vs. Intelligence
As traders, we have a hard time differentiating between confidence and intelligence. They say you shouldn't use the words "luck" and "trading" in the same sentence, but I was fortunate to find a trading approach that simply worked for me. With complete trust in my systems, I went all in.
How times have changed
I recall a time when losing $20,000 in a week felt significant, but these days, daily fluctuations are in the multiples of that amount. During one of my most successful periods, my wife remarked, "Bank it - so we don't lose it," a remark I often remind her about.
Nowadays
When there are substantial losses at the end of the week, the only response I hear from my wife is, "That's disappointing."
Skate.
@Joe Blow, I cannot afford to lose any more of my dwindling readership on this thread.
What do you consider are the 3 most important things you learnt over the years that made you a better trader?Sharing Information
We all retain a tremendous amount of information that can be beneficial to others. Sometimes we forget that we are at different stages of our trading journeys,
When I Started Trading
I had an initial bankroll of $600k that grew to over $2.4m in a short period. I was system trading multiple strategies across a wide range of companies. However, I didn't have a deep understanding of the companies I was trading, nor was I particularly interested in learning more about them - it was purely a numbers game for me.
To limit my exposure
I capped my positions at $25k, but this made it a constant struggle to enter and exit the markets without incurring significant slippage. Looking back, my approach was quite narrow-minded. I was solely focused on the numbers and trading mechanics, without developing a deeper understanding of the markets I was participating in.
Skate.
What do you consider are the 3 most important things you learnt over the years that made you a better trader?
Thank you so much for your responce and much appreciated.@TimeISmoney, I can capture the essence of successful trading in just three concise points:
1. Trade unemotionally and logically
Removing emotion from trading decisions and maintaining an objective, analytical mindset is crucial for consistent performance. Letting feelings of fear, greed or ego influence trades is a recipe for disaster.
2. Treat the dollar as nothing more than a number
Successful traders learn to detach their self-worth from the profit and loss in their trading accounts. Keeping a balanced, impartial perspective on the fluctuating balance is key to making rational decisions.
3. Follow the plan
Developing and strictly adhering to a well-structured trading plan is essential. This provides the discipline and consistency needed to navigate the markets effectively over the long run, rather than chasing short-term profits.
These three key principles
Trading with logic over emotion, maintaining a healthy detachment from monetary gains/losses, and disciplined plan-following - have been instrumental in my development as a trader over the years. Mastering these fundamentals has undoubtedly improved my decision-making and trading outcomes which can serve as an excellent framework for any aspiring trader to follow.
Skate.
Hi SkateView attachment 180462
While there were three buy signals generated at the end of today's trading session, the portfolio is currently at capacity. As a result, these signals had to be passed over for the time being.
View attachment 180463
CBA - Commonwealth Bank of Australia (passed over)
GMG - Goodman Group (passed over)
REA - REA Group Limited (passed over)
Skate.
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