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  3. Any forex or other market algo traders in the audience?

Any forex or other market algo traders in the audience?

Scheduled Pinned Locked Moved The Lounge
hardwarequestioncareer
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  • M Mark_Wallace

    I spent twelve years involved in this field, but I'm not allowed to tell you a damned thing about it. What I can say is that not a single person who is involved in trading understands cr@p about how it all works. Details cannot follow.

    I wanna be a eunuchs developer! Pass me a bread knife!

    J Offline
    J Offline
    Jeremy Falcon
    wrote on last edited by
    #21

    Mark_Wallace wrote:

    What I can say is that not a single person who is involved in trading understands cr@p about how it all works.

    :laugh: :laugh: :laugh: :laugh: :laugh: :laugh: Clearly you've done this before. You have piqued my curiosity btw.

    Jeremy Falcon

    M 1 Reply Last reply
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    • M Mark_Wallace

      Jeremy Falcon wrote:

      Without it, we have no sense of worth for money, products, goods, services, etc. You wouldn't have an idea of how much salary to make to suit your skill-set, and the list can go on and on and on

      Not really, because the values applied to goods companies, service companies, and everything else have nothing to do with the real world, or with the needs and desires of anyone except those making phantom money from the exchanges. Is mcdonalds worth n because its trading value is x, or is it a viable business because of its cash flow? The two are completely unrelated. If the mcdonalds share price dropped enough, the company would close, even though it makes astronomical profits. Anyone who wants to understand the basics of the stock exchange should look into its history, and why it started -- i.e. the Dutch tulip insanity.

      I wanna be a eunuchs developer! Pass me a bread knife!

      J Offline
      J Offline
      Jeremy Falcon
      wrote on last edited by
      #22

      Fair enough on reading the history about it. But, until I read a post that shows the poster actually understand economics, I'm not gonna bother getting into yet another online debate with people lacking experience in the topic they're debating.

      Jeremy Falcon

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      • J Jeremy Falcon

        Mark_Wallace wrote:

        What I can say is that not a single person who is involved in trading understands cr@p about how it all works.

        :laugh: :laugh: :laugh: :laugh: :laugh: :laugh: Clearly you've done this before. You have piqued my curiosity btw.

        Jeremy Falcon

        M Offline
        M Offline
        Mark_Wallace
        wrote on last edited by
        #23

        Unfortunately, the people I've worked for might not have even a single, functional logic gate in their brains, but they do have good lawyers.

        I wanna be a eunuchs developer! Pass me a bread knife!

        J 1 Reply Last reply
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        • M Mark_Wallace

          Unfortunately, the people I've worked for might not have even a single, functional logic gate in their brains, but they do have good lawyers.

          I wanna be a eunuchs developer! Pass me a bread knife!

          J Offline
          J Offline
          Jeremy Falcon
          wrote on last edited by
          #24

          :-D

          Jeremy Falcon

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