My holy grail Las vegas casino style day trading strategy

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arcus

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Seems you have not read properly... this was not our country. If you take a loan in the Gulf countries and not repay, you will be in jail. There are thousands (not hundreds) of people who are in prison because of bounced cheques. (The banks take a blank cheque as a guarantee before disbursing the loan)
I had read your little story properly. You never mentioned she was in a gulf country.
 

DSM

Well-Known Member
Stop being a nitpick and try to comprehend before commenting.. It is not very difficult. And all that you could do was trying to be knowledgable and correct a poster without knowing the facts. If you were not aware, you could ask a question, and not jump to a conclusion.

I had read your little story properly. You never mentioned she was in a gulf country.
 

arcus

Well-Known Member
...and to top it off, was facing the prospect of jail as she would not be able to repay loan installments.
If you take a loan in the Gulf countries and not repay, you will be in jail. There are thousands (not hundreds) of people who are in prison because of bounced cheques. (The banks take a blank cheque as a guarantee before disbursing the loan)
I am not sure if you are able to comprehend what you write in the first place.

First you say, she would go to jail for not being able to repay a home loan.

After I said this

Not able to repay a housing loan does not result in one going to jail.

The lender either takes control of the collateral (the house) and sells it for what he can salvage or the debtor files for bankruptcy. There is no question of going to jail.
The you say, she would go to jail not for being unable to repay her home loan but rather for bouncing a check. An illegal practice commonly done by the banks in UAE and other countries.

What I said holds true, what you tried to do is jump around from one point to another.

A classical straw man
 

DanPickUp

Well-Known Member
@Arcus

Relax. You know by your self that you are some times a nitpick. So what. Never mind. Nobody of us is perfect. Let it go, as you have other qualities which are as good, even better as your nitpick mentality. So, please stop attacking DMS and let the evening enjoy in a relaxed way. What about your trading? How is it going?

Take care / DanPickUp
 

arcus

Well-Known Member
@Arcus

Relax. You know by your self that you are some times a nitpick. So what. Never mind. Nobody of us is perfect. Let it go, as you have other qualities which are as good, even better as your nitpick mentality. So, please stop attacking DMS and let the evening enjoy in a relaxed way. What about your trading? How is it going?

Take care / DanPickUp
His/Her handle is not DMS but rather DSM.

I am not "attacking" DSM. We were just having a casual discussion about a topic. :)

As far as my trading goes, as I said before, I haven't taken any new positions since this trade

How are your legged in trades going?
 

DanPickUp

Well-Known Member
His/Her handle is not DMS but rather DSM.

I am not "attacking" DSM. We were just having a casual discussion about a topic. :)

As far as my trading goes, as I said before, I haven't taken any new positions since this trade

How are your legged in trades going?
Ok, nice to see you relaxed and jumping on the DMS train. Was knowing that this comes. :D

Here some more about my trading: http://www.traderji.com/options/89706-what-broken-wing-strategies-how-trade-them-3.html#post862586

Leg in is part, but as you know by yourself, not a must.

Take care and see you around / DanPickUp
 

DSM

Well-Known Member
O.k Moving forward, had noted some points from Fibonacci trader - with a view to study them further. Don't have enough data, evidence or proof that would justify creating a thread - so just putting it forward here. Anybody finds any numbers to be of importance in trading. (Besides 50, 100, 200 MA that is)

As per Fibonacci trader - the following numbers are important in trading :

38.60 - Breakout Number. Look for failure of a move against the trend at this level

61.80 - Golden Number - Number in which a retracement finds support.

78.60 - God Number - Used extensively in charting Harmonic patterns - ABCD patterns of Gartley. For use of a chartist - not trading Gartley???

100 - Constant. Used to draw Support & Resistance of Fibonacci numbers.
 
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