Great Investment Advice - Beer

Discussion in 'All Things Boats & Boating' started by rwatson, Oct 12, 2011.

  1. hoytedow
    Joined: Sep 2009
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    hoytedow Carbon Based Life Form

    Exactly right.
     
  2. PAR
    Joined: Nov 2003
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    PAR Yacht Designer/Builder

    I'm not much on Conoco products, too much after taste, but Miller, lightly on toast . . .
     
  3. Frosty

    Frosty Previous Member

    Beer has been helping ugly people get sex since 200BC
     
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  4. Wynand N
    Joined: Oct 2004
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    Wynand N Retired Steelboatbuilder

    and good for your health being a source of B- complex vitamins.:cool:
     
  5. Ruby Tuesday
    Joined: Oct 2009
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    Ruby Tuesday Junior Member

    Yo, Hoytedow -

    "I'd rather have a bottle in front of me than a pre-frontal lobotomy"

    That should be

    "I'd rather have a full bottle in fron of me, than a full-frontal lobotomy"
     
  6. hoytedow
    Joined: Sep 2009
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    hoytedow Carbon Based Life Form

    Close enough. :)
     
  7. cashflowgold

    cashflowgold Previous Member

    Real Estate Investments

    Investment is the best way for future financial gain. Learning how to invest is a very challenging experience. For achieving long term objectives there is need of friendly investment advice that will help you build a well diversified portfolio. <cashflowgold link removed>
     
  8. Leo Lazauskas
    Joined: Jan 2002
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    Leo Lazauskas Senior Member

    I heartily endorse this product and/or service!
     
    Last edited: Aug 12, 2015
  9. WestVanHan
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    WestVanHan Not a Senior Member

    Or if you'd gotten into currencies,$1000 into the Euro a year ago while paying attention to the news and you' be up ~$500 to $600k in your account while making 4 trades.
     
  10. DavidWaters
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    DavidWaters Junior Member

    How on earth?
     
  11. rwatson
    Joined: Aug 2007
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    rwatson Senior Member

    I presume you are talking about selling short on the Euro.

    If its one thing I cant stand its people who say 'If you had done this ....' about 12 months after the events.

    Retro-active fortune telling is a popular pastime these days, but of no use to anyone.
     
  12. WestVanHan
    Joined: Aug 2009
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    WestVanHan Not a Senior Member

    Of the 4 trades I could have done-I did 3 of them of which 2 were long and one was short.
    I missed the last one due to being on vacation in Australia,and not being concerned about it.

    Fundamentals were in effect,and I took advantage of them.

    If its one thing I cant stand its people who make assumptions.
     
  13. BPL
    Joined: Dec 2011
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    BPL Senior Member

    A 500% increase from 4 trades?
     
  14. bntii
    Joined: Jun 2006
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    bntii Senior Member

    Here's one for you-

    Buy SIHI
     

  15. WestVanHan
    Joined: Aug 2009
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    WestVanHan Not a Senior Member

    BPL,I'm retired and do just a few trades every year...and it's more than 500%

    This is from a cut and paste from a demo I was giving to some friends:

    FYI:In trading currencies you use leverage,I am comfortable with 100:1 due to proper money management.
    This is the scenario,assume one has $15k in an account to take care of any drawdowns/risking 5% of the account on any one longer term trade.

    One "lot" is an investment of $1000 @ 100:1 leverage means you control $100,000.
    1/100 of a cent is a "pip" so the value is $10 a pip.
    So for every 1 cent rise = 100 pips = $1000 profit.

    A simplified version,you never get the lowest lows nor the highest highs,but can be close and have protective stops in place:

    Because the US was getting hammered due to bad news,gold was rising and tied to the US$,and investors flocked to the EUR others.
    The Euro would continue rising until the EU had bad news and/or the US had some good news...which is what happened in May when the Greek riots started.
    January 2011 the EUR was @ 1.3000 and went to 1.4700 by May...which is a major resistance level.
    With all the bad news,there is no reason for the Euro to climb higher,so you sell.
    That's 17 cents=1700pips@$10 a pip= $17,000.

    So now you take $17,000 profit and pay attention to whats going on,all this bad news about Greece,Ireland,Portugal etc etc are similar to the US bad news,so the market will bounce around awhile
    Money will flee the Eurozone at some very bad news.
    In July it started up again...but there's uncertainty so the market is jumping around.
    Around August...the Eu talks..Germany is not happy,deals go back and forth etc,so you take $5000 (if you lose it you are still up $12,000 for doing nothing) and sell the Euro with $5000 you control $500,000.
    So each pip is now worth $50.
    In September the Euro was @ 1.4500 it was down to 1.3100 in a month.
    In October the Eurozone leaders agreed to stabilize Greece etc etc. and the run stopped.
    So that's 14 cents=1400 pips @ $50 a pip=$70,000

    But wait,it's not over...Germany wants to play,deals are made so now you think the Euro is now seen as a good investment.
    You play it safe and take just $10,000 so now you control $1,000,000.
    So now each pip is worth $100.
    The Euro rallies from 1.31000 to 1.4200 in 3 weeks.and stops at the year old resistance level...not strong enough to reach old highs.
    So that's 11 cents=1100 pips @ $100 a pip=$110,000.

    So now you look around and think hmm...it's late October and the news is out that the Euro deficit is huge,and Greece may need more money....Germany is not happy..etc etc.

    You think the Euro may not be such a good investment,so you sell the Euro.
    Feeling your oats,you decide that since you are up almost $200k,you'll try out $25,000.
    So you sell 25 contracts to control $2.5 million,and each pip is worth $250.
    Well..you are right..all the turmoil beats the Euro and it goes from 1.42000 to 1.2600 by the middle of January if you have the patience.
    That's 16 cents=1600 pips@ $250 a pip=$400,000.

    Getting the highest highs and lowest lows, would be $600k..but that never happens so maybe $500k...and is nothing stopping you from adding a few contracts along the way.
    I missed almost all of the last one,was travelling.

    And one could be on the S&P minis....they were going up and down along with all the news.
     
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