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Thanks Dan the MAN :)
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This is very interesting. Thanks for your help. I will be checking some of your videos. I believe I can have more good videos from you.
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the recording quality is not very good, but in this case, and everything is clear
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Thank you for your words of wisdom, Dan.
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Glad I ran into your page=)
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Hey Dan - just found you :)
Were you giving props to the book called "Trading for a Living" by Alexander Elder? Just curious... looking for a good first book on trading. Thanks!
magichandpuppet 2 years ago
Very likely, as that's about one of the best books out there on trading. It combines trading, psychology and money management.
I think there is a link to it on my daily blog.
Regards,
Dan
AirelonTrading 2 years ago
Thanks Dan! I will definitely pick up a copy.
By the way, I watched your 'How to Begin' playlist last night... I hope to watch your 'Money Management' playlist this weekend. Thank you so much for all you are giving :)
magichandpuppet 2 years ago
You're more than welcome.
:)
AirelonTrading 2 years ago
May I ask you a unrelated question ? about countries like Zimbabwe , Argentina devalued their currency denominated in dollars in order to pay off debt ?
strengthening currency makes more sense because they can buy more dollars .Isn't it so ?
devaluing currency means they will buy less and less dollar .where is the logic there ?
6Do6llar6 2 years ago
They chose for the money they printed to go to many of the workers, and the macroeconomic flow, which led to a wage price spiral, to try to appeal to the mass public for political reasons.
The problem there, is just that. What's termed a wage, price spiral, that gets quickly, quickly out of hand. They thought they could control it, and wage price spirals are EXCEEDINGLY difficult, if not impossible, to stop.
AirelonTrading 2 years ago