Protests in Egypt, USA next? - futures io
futures io futures trading



Protests in Egypt, USA next?


Discussion in Off-Topic

Updated
      Top Posters
    1. looks_one ThatManFromTexas with 5 posts (5 thanks)
    2. looks_two Big Mike with 4 posts (1 thanks)
    3. looks_3 Deucalion with 2 posts (2 thanks)
    4. looks_4 JohnnyAustin with 2 posts (0 thanks)
      Best Posters
    1. looks_one ThatManFromTexas with 1 thanks per post
    2. looks_two Deucalion with 1 thanks per post
    3. looks_3 MXASJ with 1 thanks per post
    4. looks_4 Big Mike with 0.3 thanks per post
    1. trending_up 3,709 views
    2. thumb_up 11 thanks given
    3. group 10 followers
    1. forum 26 posts
    2. attach_file 2 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

Protests in Egypt, USA next?

(login for full post details)
  #1 (permalink)
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
 
Big Mike's Avatar
 
Posts: 49,765 since Jun 2009
Thanks: 32,302 given, 97,542 received

I look at what is happening in Egypt, and I wonder when something similar will happen in the United States...

I am not just talking about the protesting turning violent, but also the government actions like blocking forms of communication (first Twitter and Facebook, and now the entire Internet has been "ordered" disabled in Egypt).

In a democracy the government exists "for the people, by the people" and yet we continue to see, over and over again, our government taking actions that are against the interests of its people.

I used to think that you could just vote in someone that would "change", but the truth is, the elected officials still make and pass laws that go against what their constituents want. All the lobbying and backroom deals... in any other country we would call this outright corruption, yet it seems Americans are unwilling or unable to make that association with our own elected officials.

Anymore I am kinda at a loss as to what to do... America is still the greatest country on Earth, in my opinion naturally, but for how much longer given the path we are currently on?

Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/
Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote

Journal Challenge February 2021 results:
Competing for $1500 in prizes from Topstep
looks_oneSBtrader82 's Trading Journalby SBtrader82
(173 thanks from 31 posts)
looks_twoJust BEING a Trader: Letting Go!!by iqgod
(120 thanks from 33 posts)
looks_3Wisdom is Emptinessby Mtype
(68 thanks from 25 posts)
looks_4Deetee’s DAX Trading Journal (time based)by Deetee
(35 thanks from 17 posts)
looks_5Journal for peanuts1956by peanuts1956
(23 thanks from 13 posts)
 
 
(login for full post details)
  #2 (permalink)
Asia
 
Experience: Beginner
Platform: NinjaTrader, TOS
 
Posts: 798 since Jun 2009
Thanks: 109 given, 799 received

Once you have taken the red pill, it never gets easier.

Redpill - Wikipedia, the free encyclopedia

Reply With Quote
The following user says Thank You to MXASJ for this post:
 
(login for full post details)
  #3 (permalink)
NY
 
Experience: Advanced
Platform: Esignal, MBT navigator
Trading: Currencies
 
Posts: 2,526 since Jun 2009
Thanks: 1,396 given, 2,576 received


The US has many things that are great about it and so do other countries . When your country embraces freedom and democracy then the squeakiest wheels get the grease and those that are good cheaters will take advantage of the ones that bury their heads in the sand .

Its a very different place here than it was 50 years ago and the population is more varied and dense . Since enough people have come here from countries with no running water , rampant unemployment , civil war , ethnic cleansing etc. the status quo gets lowered a little at a time since this place is still paradise relatively speaking .

Us that are born in the US cant fathom the realities of these other countries and dont appreciate our ability to have a voice and that will handcuff us all in the end when we dont have rights and wind up with a dictatorship . 2/3 of eligible voters came out in 08 for a presidential election . To me that says that 1 in 3 of us dont really care what happens in the future and thats a shame , really sad .

Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #4 (permalink)
Houston,Tx
 
Experience: Advanced
Platform: NinjaTrader
Broker: Mirus Futures/Zen-Fire
Trading: TF
 
ThatManFromTexas's Avatar
 
Posts: 2,302 since Feb 2010
Thanks: 1,206 given, 4,332 received


Big Mike View Post
I look at what is happening in Egypt, and I wonder when something similar will happen in the United States...

I am not just talking about the protesting turning violent, but also the government actions like blocking forms of communication (first Twitter and Facebook, and now the entire Internet has been "ordered" disabled in Egypt).

In a democracy the government exists "for the people, by the people" and yet we continue to see, over and over again, our government taking actions that are against the interests of its people.

I used to think that you could just vote in someone that would "change", but the truth is, the elected officials still make and pass laws that go against what their constituents want. All the lobbying and backroom deals... in any other country we would call this outright corruption, yet it seems Americans are unwilling or unable to make that association with our own elected officials.

Anymore I am kinda at a loss as to what to do... America is still the greatest country on Earth, in my opinion naturally, but for how much longer given the path we are currently on?

Mike

BigMike, With all due respect sir... put down the tea bag and back away slowly....

Any one who has ever done business in the third world knows ... as bad as our politicians are ( and they are quite despicable)... they are rank amateurs compared to other countries.

Americans are without a doubt the most spoiled, coddled,self absorbed, drama queens on the planet ... well... except for maybe the French... but for this discussion we can't include them... gotta separate the professionals from the amateurs .

In this country, the rich and powerful have always run things and always will. That's just how it works ... it ain't right ... but that IS how it works. The only difference between the past and now is that we are more aware of it. The ogres in the past did a much better job of covering it up. Our current overlords are too dang stupid or lazy to hide it.

If the system don't work ... work the system ... "We have been prisoners longer than they have been guards...". You've taken the first step, you're an independent trader. You can now rip the "Ruling Class" a new one .. and there's nothing they can do about it.

I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
Reply With Quote
The following 3 users say Thank You to ThatManFromTexas for this post:
 
(login for full post details)
  #5 (permalink)
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
 
Big Mike's Avatar
 
Posts: 49,765 since Jun 2009
Thanks: 32,302 given, 97,542 received

I agree with what has been said.

I guess my real issue is that here the politicians lie, cheat, steal - but we don't call it corruption. In other parts of the world politicians do those things and they are called out for what they are - corrupt. It's as if most American's are so brainwashed by mainstream media they truly have no understanding or appreciation for the level of corruption that exists today in our government.

I'm not saying it is any better somewhere else. But this is America, it's not supposed to be like this here.

Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/
Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #6 (permalink)
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
 
Big Mike's Avatar
 
Posts: 49,765 since Jun 2009
Thanks: 32,302 given, 97,542 received


ThatManFromTexas View Post
BigMike, With all due respect sir... put down the tea bag and back away slowly....

BTW, I consider myself an independent. I'll vote and support whoever lies, cheats and steals the least.

Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/
Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to Big Mike for this post:
 
(login for full post details)
  #7 (permalink)
Market Wizard
Paris
 
Experience: None
Platform: NinjaTrader
 
Posts: 1,247 since Oct 2009
Thanks: 272 given, 4,415 received


ThatManFromTexas View Post
Americans are without a doubt the most spoiled, coddled,self absorbed, drama queens on the planet ... well... except for maybe the French... but for this discussion we can't include them... gotta separate the professionals from the amateurs .

Well at least we don't have the ego problem of including a whole continent when we talk of ourselves.. 'Cause you do know that America is actually a continent , right ?

Reply With Quote
 
(login for full post details)
  #8 (permalink)
Houston,Tx
 
Experience: Advanced
Platform: NinjaTrader
Broker: Mirus Futures/Zen-Fire
Trading: TF
 
ThatManFromTexas's Avatar
 
Posts: 2,302 since Feb 2010
Thanks: 1,206 given, 4,332 received


gomi View Post
Well at least we don't have the ego problem of including a whole continent when we talk of ourselves.. 'Cause you do know that America is actually a continent , right ?

Actually... North America is a continent.. Which includes and which are countries... But I live in which is a whole 'nother country...

How can you govern a people that have 56 types of cheese? ... Charles DeGaulle

I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
Attached Thumbnails
Click image for larger version

Name:	DeGaulle.png
Views:	63
Size:	96.1 KB
ID:	29498  
Reply With Quote
The following user says Thank You to ThatManFromTexas for this post:
 
(login for full post details)
  #9 (permalink)
Wake Forest, NC
 
Experience: Intermediate
Platform: Sierra Charts, Investor RT, Ninja Trader
Broker: VanKar
Trading: NQ
 
papa15's Avatar
 
Posts: 527 since Sep 2009
Thanks: 583 given, 1,245 received


Big Mike View Post
I look at what is happening in Egypt, and I wonder when something similar will happen in the United States...

I am not just talking about the protesting turning violent, but also the government actions like blocking forms of communication (first Twitter and Facebook, and now the entire Internet has been "ordered" disabled in Egypt).

In a democracy the government exists "for the people, by the people" and yet we continue to see, over and over again, our government taking actions that are against the interests of its people.

I used to think that you could just vote in someone that would "change", but the truth is, the elected officials still make and pass laws that go against what their constituents want. All the lobbying and backroom deals... in any other country we would call this outright corruption, yet it seems Americans are unwilling or unable to make that association with our own elected officials.

Anymore I am kinda at a loss as to what to do... America is still the greatest country on Earth, in my opinion naturally, but for how much longer given the path we are currently on?

Mike

Did you see the news item this week about the legislation being introduced again giving the President the internet kill switch? There are those in Washington that want to have this power.

I don't see protests like in Egypt here until food prices start suffering from exorbitant inflation. We are printing too much money; does anyone believe the Fed will be smart enough and capable enough to control inflation once it gets going? Alan Greenspan disavows any responsibility for creating any bubbles (I think he challenged anyone to prove he did) and I suspect Ben B will also deny any responsibility when things really go south.

Papa15

Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to papa15 for this post:
 
(login for full post details)
  #10 (permalink)
NYC
 
 
Posts: 187 since Dec 2010


I think we tend to romanticize the past for some reason when it comes to this stuff too.
As if "Honest Abe" was something other than Abraham Lincoln campaign/office propaganda that has filtered down.
When we remember JFK we don't think of a total womanizer that is off the map compared to anything modern with a father who should have been in jail with Bernie Madoff.
On the other hand I've read Obama campaign could be spending a billion dollars to hold the office.

Reply With Quote
 
(login for full post details)
  #11 (permalink)
Market Wizard
Berlin, Europe
 
Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker: Interactive Brokers
Trading: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,855 since Mar 2010
Thanks: 4,238 given, 26,728 received

Seen from the distance:

Tunisia and Egypt were run by dictators. Egypt's President is now in office since 30 years, Tunisia's was in office for 24 years. There is a strong tendency in Arabian and African countries for presidents to exploit and stabilize their countries by establishing cronyism and then further extend their power. Every 20 or 30 years the system collapses, and dictatorship is either followed by another dictator, fundamentalists or an attempt to install a democratic elected government.

The North African problem basically had two triggers:

- high unemployment among the younger generation, this includes a lot of academics who have not found any job after their education
- a dramatic increase in food prices

The US is unvoluntarily participating in this game: Higher national debt -> devaluation of USD -> higher commodity prices.

Algeria bought 800.000 t of wheat yesterday. If you want to govern those countries, you need to subsidize food prices.

The chart for ZW 03-11 below shows the price of wheat during the last two days.

Attached Thumbnails
Click image for larger version

Name:	ZW 03-11 (60 Min) 28_01_2011.jpg
Views:	83
Size:	108.1 KB
ID:	29510  
Reply With Quote
 
(login for full post details)
  #12 (permalink)
Scarborough, Ontario
 
Experience: Intermediate
Platform: NinjaTrader, MetaTrader
Broker: Mirus/Zenfire
Trading: CL, EURUSD, 6E
 
LordAlfa's Avatar
 
Posts: 88 since Jul 2009
Thanks: 7 given, 48 received

Democracy and downright action is a balancing act. I think Margaret Thatcher did it correct that the current UK government has a good balance from her governing heritage.

You can't vote to have everything done correctly when time is of the essence and yet you cannot stamp your authority blatantly just because you are elected to do so.

Governments must act for the common good of people. Sometimes, not everyone is included; this means some people will be very unhappy. But if less people are unhappy, the government is doing a good job. You cannot make everyone happy.

I quote the example of the 2008 financial collapse. While the US is debating back and forth from the Congress and the Feds, the UK government just stamped their foot and acted. It is really am eye sore to see the US follow UK's action plan just because they(UK) did it. Nobody in the US was willing to risk political careers for a chance to be a champion of public service.

That is how sad it is as a great democratic nation that is crippled beyond belief! I must say it is almost global hummuliation that the trouble the US caused and they cannot even act quickly to prevent further meltdown.

I am not favoring dictatorships but in business, the oxymoron favors dictatorships because of stability. As long as the dictator government is satisfied, business resumes status quo. We don't know what really happens in Egypt but maybe to stabalize the situation is to stop net communications. Be aware that not only good people use the internet but also bad people.

All governments have to walk this tight rope line on democracy and enforcing public order and citizen well-being.

I am agreeable to long term leadership as long as everyone is ok with it. Philippine president Ramos did such a good job that I wished that he ran a 3rd term. He can't run the 3rd time because of the bad taste of Marcos in the past. Business people welcomed the idea but no, the common people must vote a movie star Estrada into office to skroo things up. I guess they went through the Reagan phase in the Philippines and found that it just doesn't work that way.

Follow me on Twitter Reply With Quote
 
(login for full post details)
  #13 (permalink)
Austin, TX
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Amp and Zenfire
Trading: TF
 
JohnnyAustin's Avatar
 
Posts: 362 since Dec 2010
Thanks: 116 given, 435 received

Until the People cannot eat, there will not be anything close to a revolution, other than the Ron Paul kind. Ideals are all well and good, for they serve whoever imagines them but the one common denominator is that we all rely on grocery stores being stocked and food being available. While prices may increase, the ability to rise above one's current financial current situation is inherently fed to the public as it is their fault they have not achieved success for whatever reason, between being lazy, lack of aptitude, complacent, not caring etc. When a situation arises that is beyond the control of the public and that facade disappears, then there will be problems.

Every empire has fallen. Every republic, democracy, monarchy, dictatorship, etc has not lasted the test of time. This country shall be no different, especially as we spend so much for maintaining our influence worldwide.

Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #14 (permalink)
Market Wizard
Berlin, Europe
 
Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker: Interactive Brokers
Trading: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,855 since Mar 2010
Thanks: 4,238 given, 26,728 received


johnnycakes78704 View Post
Every empire has fallen. Every republic, democracy, monarchy, dictatorship, etc has not lasted the test of time. This country shall be no different, especially as we spend so much for maintaining our influence worldwide.

Absolutely agree. If you don't mind to get rid of the nuclear weapons before it happens?

Reply With Quote
 
(login for full post details)
  #15 (permalink)
Paradise, USA
 
Experience: Beginner
Platform: Big Charts
Trading: E-mini, Forex, Futures, Equities, Options
 
rtrade's Avatar
 
Posts: 502 since Nov 2010
Thanks: 578 given, 377 received

We Americans are strong and yet we've been tolerating the threat to our constitution much to long. We out number the corrupt power elites that think they know better. Remember 9/11, for a brief moment we came together strong and resolve, but the corrupt power elites knows how to play the divide and conquer game all too well.

If the crapper does hit the fan, you'll see a large migration to the state of Texas, because it's the only state that's not DEEP in DEBT....and I know Texans ain't going to bail out San Francisco and it's like.

"Faith is the substance of things hoped for, the evidence of things not seen." --- "Therefore, I Believe it and I will see it. And every day and in every way, I am healthier, wealthier, and wiser."
Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #16 (permalink)
Site Moderator
 
 
sam028's Avatar
 
Posts: 3,665 since Jun 2009
Thanks: 3,787 given, 4,494 received

You can't compare USA and Egypt.
USA is nearly 10 times richer than Egypt (check its GDP), and it has been a democracy for few centuries.
Egypt is really a really independent country since 60 years and Nasser, and has never been really a democratic country.

for @ThatManFromTexas:
- De Gaulle talk about 300 types of cheese, and not 56 (and in real there is more than 1000 types of cheese in France)
- some scientists says North America is not a continent: for them the continent is America (South + North)

Success requires no deodorant! (Sun Tzu)
Follow me on Twitter Reply With Quote
 
(login for full post details)
  #17 (permalink)
Houston,Tx
 
Experience: Advanced
Platform: NinjaTrader
Broker: Mirus Futures/Zen-Fire
Trading: TF
 
ThatManFromTexas's Avatar
 
Posts: 2,302 since Feb 2010
Thanks: 1,206 given, 4,332 received


sam028 View Post
You can't compare USA and Egypt.
USA is nearly 10 times richer than Egypt (check its GDP), and it has been a democracy for few centuries.
Egypt is really a really independent country since 60 years and Nasser, and has never been really a democratic country.

for @ ThatManFromTexas:
- De Gaulle talk about 300 types of cheese, and not 56 (and in real there is more than 1000 types of cheese in France)
- some scientists says North America is not a continent: for them the continent is America (South + North)

1. That shows you how old I am... in my day they were only up to 56 ....

2. When talking to folks from the Southern United States ... watch how you refer to North and South...

I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
Reply With Quote
 
(login for full post details)
  #18 (permalink)
Houston,Tx
 
Experience: Advanced
Platform: NinjaTrader
Broker: Mirus Futures/Zen-Fire
Trading: TF
 
ThatManFromTexas's Avatar
 
Posts: 2,302 since Feb 2010
Thanks: 1,206 given, 4,332 received


Fat Tails View Post
Seen from the distance:

Tunisia and Egypt were run by dictators. Egypt's President is now in office since 30 years, Tunisia's was in office for 24 years. There is a strong tendency in Arabian and African countries for presidents to exploit and stabilize their countries by establishing cronyism and then further extend their power. Every 20 or 30 years the system collapses, and dictatorship is either followed by another dictator, fundamentalists or an attempt to install a democratic elected government.

The North African problem basically had two triggers:

- high unemployment among the younger generation, this includes a lot of academics who have not found any job after their education
- a dramatic increase in food prices

The US is unvoluntarily participating in this game: Higher national debt -> devaluation of USD -> higher commodity prices.

Algeria bought 800.000 t of wheat yesterday. If you want to govern those countries, you need to subsidize food prices.

The chart for ZW 03-11 below shows the price of wheat during the last two days.

@Fat Tails
How is the economy in Germany? My brother and his family live there.

I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
Reply With Quote
 
(login for full post details)
  #19 (permalink)
Scarborough, Ontario
 
Experience: Intermediate
Platform: NinjaTrader, MetaTrader
Broker: Mirus/Zenfire
Trading: CL, EURUSD, 6E
 
LordAlfa's Avatar
 
Posts: 88 since Jul 2009
Thanks: 7 given, 48 received


johnnycakes78704 View Post
Every empire has fallen. Every republic, democracy, monarchy, dictatorship, etc has not lasted the test of time. This country shall be no different, especially as we spend so much for maintaining our influence worldwide.

Fully agree! I wished something like that happens to Singapore. Though I reside in Canada, I am a Singapore citizen. I am hoping something would happen to shake my government to wake up.

Follow me on Twitter Reply With Quote
 
(login for full post details)
  #20 (permalink)
Austin, TX
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Amp and Zenfire
Trading: TF
 
JohnnyAustin's Avatar
 
Posts: 362 since Dec 2010
Thanks: 116 given, 435 received

There are also other countries which already have unstable governments and are already more dictatorial than democratic in the region, such as Iran, Yemen, Palestine, etc. They won't have the impact on US markets that Egypt has just had, but they would go WELL before the US.

Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #21 (permalink)
Springfield,Missouri, USA
 
Experience: Advanced
Platform: NinjaTrader (It's a love/hate relationship)
Trading: CL, TF, 6E
 
Slipknot511's Avatar
 
Posts: 176 since May 2010
Thanks: 60 given, 311 received

Our government is a hopeless addict. They are addicted to money and power. Unfortunately, we the people are the enabler in this relationship. We continue to pacify the addict in exchange for not having to face the reality of our situation. Only when the status quo becomes more painful than reform will there be any real change. Just like with addicts, we will have to hit rock bottom before we snap out of our delusion. Perhaps it's time for an intervention. It would be an interesting thought experiment to see what would happen if ALL the people said, "Enough" and just cut the government off. What most of fail to realize is that the power of the Federal Government in this country only extends as far as we are willing to give to them. IMO, it would get ugly though. Right now this government is fighting to retain it's power. I don't think we can imagine the lengths the Govt. would be willing to go if it was fighting for its very survival instead.

Reply With Quote
 
(login for full post details)
  #22 (permalink)
Calgary, Canada
 
Experience: Intermediate
Platform: Multiple
Broker: Multiple
Trading: Multiple
 
Deucalion's Avatar
 
Posts: 430 since Aug 2009

I have some scotch in me so against my better "sober" judgement, here goes nothing.....

Under a cultured veneer of pseudo - neutralism and subtle superiority this thread is littered with jingoistic judgmental opinions. Never mind that most people who say things of that nature may not have had the opportunity to live under conditions of poverty, despair, hopelessness, injustice and cruelty.

We live here, in a part of the world, marked that by geographic and historical confluence - away from troubles. Easy for us. Yet time and time again man has sunk to moral depravity from so called civil existence in protection of "his way of life, of his social standing" when faced with no other choice.

Pushed to the edge, how would I react? Would a continue to be a moral, ethical person that I think I am? Of course, stuff like corruption only happens in " those places".

This sort parochial nonsense marks human nature from the start of history. Human nature never changes, the "democratic" mob pushes their own agenda.

Then there is the outdated, illogical concept of nation hood and states. A concept in time that will hopefully, to the betterment of mankind, will done away with. Ideas will live, and societies based on similar ideals even more.....but nation states based on political ideology such as the world today perhaps less so.

Let the insults fly...I have thick skin and I have lived in these so called 3rd world countries. When you see the world with different eyes, you have less answers...only more questions.

I will wake up tomorrow and likely regret having written this....it never ends nicely...and I never learn! Chalk another one up to strange human behavior.


Reply With Quote
 
(login for full post details)
  #23 (permalink)
Springfield
 
Experience: Intermediate
Platform: Ninjatrader, TOS
Trading: eMicros
 
zxxaxz's Avatar
 
Posts: 126 since Sep 2009
Thanks: 10 given, 80 received

Since this forum has an international audience, I won't get into politics. I will say, watch the price of oil.

Reply With Quote
 
(login for full post details)
  #24 (permalink)
Houston,Tx
 
Experience: Advanced
Platform: NinjaTrader
Broker: Mirus Futures/Zen-Fire
Trading: TF
 
ThatManFromTexas's Avatar
 
Posts: 2,302 since Feb 2010
Thanks: 1,206 given, 4,332 received


Deucalion View Post
I have some scotch in me so against my better "sober" judgement, here goes nothing.....

Under a cultured veneer of pseudo - neutralism and subtle superiority this thread is littered with jingoistic judgmental opinions. Never mind that most people who say things of that nature may not have had the opportunity to live under conditions of poverty, despair, hopelessness, injustice and cruelty.

We live here, in a part of the world, marked that by geographic and historical confluence - away from troubles. Easy for us. Yet time and time again man has sunk to moral depravity from so called civil existence in protection of "his way of life, of his social standing" when faced with no other choice.

Pushed to the edge, how would I react? Would a continue to be a moral, ethical person that I think I am? Of course, stuff like corruption only happens in " those places".

This sort parochial nonsense marks human nature from the start of history. Human nature never changes, the "democratic" mob pushes their own agenda.

Then there is the outdated, illogical concept of nation hood and states. A concept in time that will hopefully, to the betterment of mankind, will done away with. Ideas will live, and societies based on similar ideals even more.....but nation states based on political ideology such as the world today perhaps less so.

Let the insults fly...I have thick skin and I have lived in these so called 3rd world countries. When you see the world with different eyes, you have less answers...only more questions.

I will wake up tomorrow and likely regret having written this....it never ends nicely...and I never learn! Chalk another one up to strange human behavior.


How dare you Sir!

I can not believe a "Good Canadian" could admit to such outrageous behavior...

Drinking Scotch when fine Canadian Whiskey is available ... not to mention patriotic... You really should sort out your priorities Sir!

Put down the bottle and step away from the keyboard slowly....

I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
Reply With Quote
The following user says Thank You to ThatManFromTexas for this post:
 
(login for full post details)
  #25 (permalink)
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
 
Big Mike's Avatar
 
Posts: 49,765 since Jun 2009
Thanks: 32,302 given, 97,542 received

One can only hope that Gene Roddenberry's future vision in "Star Trek" about how Earth and society works to benefit itself and improve itself, with no use for money or worldly possessions, may one day come to pass. Where everyone is united and works for the betterment of mankind. But I would say that's probably at least a couple of World War's away given the path everyone is on today.

But until then there is money, and with money corruption. I still believe the majority of Americans are vastly unaware of the treachery going on by their elected officials. I am glad I don't get cable TV anymore, I couldn't stand to watch the news with these politicians lying about everything all day. It is just a big game of deception, telling the American people want they want to hear just so the government can continue on doing what it is doing.

Someone earlier said American's are spoiled, fat, lazy, babies. I do not disagree, for the most part this is true when compared to the rest of the world. Which is why "bringing the change" (as the humors videos circulating recently put it) is going to be or already is so difficult.

I look at the differences between my generation and my grandparents, and its just HUGE. I'm talking about things like family values, the way children were raised, the way families spent money only within their means after saving up in the first place - rarely borrowing, etc. At least this is the case for my family and families I know. Compared to today, where the TV is who raises the mainly out-of-control kids and not parents, and if you want something you just buy it on a credit card and have no money in savings despite the fact your home is full of brand new electronics and appliances, and probably two brand new cars in the drive way.

Then there is the other end. I think a lot of people have realized in the last two years how materialistic their lifestyle was, when they lost their job and had no savings to fall back on, no emergency fund, yet have two 50k cars in the drive way with $1000/mo payments and a house that would qualify as a Palace in most any other country. When these people lost their job, if they were unlucky enough to find work soon and they had to give up all these material possessions in order to continue to put food on the table, then I think they probably have an entirely new lease on life and maybe will be better for it one day.

Of course there is everyone in between, including the single mom who was living within her means but when she lost her job it threw her life into chaos because she simply had no ability to have savings or emergency funds, there is no 50k car in the drive way to get rid of, there is no fancy possessions in the house to sell. When she is unable to find new work quickly, it is devastating for her life and family, and she may never be able to recover. Maybe her children are now unable to attend college. Maybe she can't afford a nice computer, or even high speed internet, so her kids never have the ability to learn the skills they may one day need working with computers. This is the true tragedy, and while this happens every day our government has decided that it is more important to give tax breaks to the wealthiest people in the country than it was to help families like this.

Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/
Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #26 (permalink)
Milan (I)
 
Experience: Advanced
Platform: Ninjatrader
Broker: Kinetick
Trading: FDAX,6E,CL,YM,NQ,ES
 
redratsal's Avatar
 
Posts: 1,653 since Oct 2010
Thanks: 1,215 given, 2,082 received

A wise man said: "And so, my fellow Americans, ask not what your country can do for you; ask what you can do for your country"

With regards to Egypt, Albania, Tunis... History repeats itself

Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #27 (permalink)
Calgary, Canada
 
Experience: Intermediate
Platform: Multiple
Broker: Multiple
Trading: Multiple
 
Deucalion's Avatar
 
Posts: 430 since Aug 2009

No kidding BM

Yet, these are the best of times - the web, with its instant communication of ideas is unstoppable. Populist revolt is cycling more often in more countries, people have lesser and lesser patience (Greece, Egypt are just two extreme examples). How can be seemingly more chaotic disorganized uprisings be anything less than encouraging. Our social consciousness is more aware, more likely to be set off armed with instant communication.

More relevant, even as flourishing traders - independent of a central system or a corporation we are less likely to have any allegiance to any such entity - private or public. In our own small way have the ability to focus our attention and at some point our resources into hopefully more dissent and independent behavior. I'd say - hurrah for that. Isn't that a great thing to hope for? That we could be cogs or agents of grassroots change.

On a more relevant and much more direct topic of market behavior - does anybody actually believe that it was the riots in Egypt that caused a 176 point drop in the most deeply capitalized market of the world? That everyone was selling on that particular day, and that the pros were actually "inactive" in the holidays when we were getting fat on turkeys.

Who is buying at the 2yr highs, not the pros. Using that as an excuse to say, the Suez is going to get shut down so oil is going to go to xyz price is a little hard to take. Hasn't price of oil already done 200% since its bottom a couple of years ago.

News is an excuse, you already knew that. And bottom line is prices move - and traders trade.

Reply With Quote


futures io Trading Community Off-Topic > Protests in Egypt, USA next?


Last Updated on January 29, 2011


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
 

Battlestations! Show us your trading desk - $1,500 in prizes!

March
 

Call Option Buying: The New Pain Trade? w/Carley Garner

Elite only
 

Importance of Finding Your Own Way w/Adam Grimes

Elite only
 

New Challenge (TBD)

April
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts