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#Common Mistakes in Double Bottom Trading
profiteadeveloper · 6 months
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Mastering the DOUBLE BOTTOM FOREX TRADING for Maximum Gain 2023
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suguru342208 · 8 months
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The Perils of Unrealistic Expectations in Forex Trading
In the world of forex trading, where fortunes can be made and lost in the blink of an eye, it's essential to have a clear understanding of what's realistic and what's not. This article explores two common but unrealistic expectations that novice traders often harbor and the potential pitfalls that come with them.
Mistake No. 1: Hoping to Transform a $500 Account into $10,000 in a Few Months
The allure of turning a small trading account into a substantial fortune in a short time is a dream many traders chase. The idea of taking a mere $500 and magically multiplying it into $10,000 within a few months seems tantalizingly achievable. While it's not impossible, the reality is far more sobering.
Here's the hypothetical scenario: You start with a $500 trading account, and you decide to risk your entire capital on a single trade. If, by some stroke of luck, the market moves in your favor with a 1:1 risk/reward ratio, you exit the trade with a doubled account—$1,000. Repeat this process a few times, and voilà, you have $10,000.
However, let's pause for a moment and consider the harsh truth. Less than 0.1% of traders will successfully pull off this feat. The reason? Excessive risk-taking. Trading isn't akin to gambling, and taking reckless risks with your hard-earned money is a recipe for disaster. The lure of quick riches often leads traders to ignore prudent risk management practices, which ultimately results in blowing up their trading accounts.
Here's a real-life anecdote to drive the point home. Imagine a college student with a starting capital of $10,000 who believes that making a consistent 20% monthly return is a realistic goal. If achieved, this would yield $2,000 a month, which seems more than sufficient to meet their needs. However, a wise decision prevailed. Instead of quitting school immediately, the student decided to give trading a few months. They set a condition: if they could achieve a 20% return for six consecutive months, then they would consider quitting school. Unsurprisingly, that day never arrived.
Mistake No. 2: Seeking to Make 10 Pips a Day, No Matter What
Another common unrealistic expectation in forex trading is the desire to make a fixed number of pips daily, regardless of market conditions. On the surface, this goal seems reasonable. Earning 10 pips a day may translate to $100 in profits (assuming 1 standard lot) and $2,000 per month (based on 20 trading days). However, this approach overlooks a critical aspect of trading—market dynamics.
Every trading strategy is tailored to specific market conditions. For instance, a trend trading strategy thrives in trending markets, while a range trading strategy excels in sideways or range-bound markets. The truth is, no trading strategy works effectively all the time because market conditions are in constant flux.
Aiming to make a fixed number of pips each day, regardless of market conditions, can lead to suboptimal decisions. Traders may resort to averaging into their losses, widening their stop losses, or impulsively chasing market moves. Such actions can result in significant losses and undermine the very foundation of a trading strategy.
The bottom line is this: instead of rigidly pursuing a set daily, weekly, or monthly pip target, traders should focus on aligning their strategies with prevailing market conditions. Flexibility and adaptability are essential in responding to the ever-changing dynamics of the forex market.
In conclusion, successful forex trading requires a realistic mindset and a deep understanding of market dynamics. Unrealistic expectations, such as rapidly multiplying a small account or fixating on daily pip targets, can lead to disappointment and financial losses. To thrive in forex trading, approach it with discipline, prudent risk management, and a willingness to adapt to changing market conditions.
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platforms1 · 10 months
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industrial floor weighing scales double ramps at low cost wholesaler shop Uganda
Weighing the Right Way Using Accurate Weighing Trade Scales
 Weighing the Right Way – Guidelines for Accurate Results and Better Weighing Techniques
A comprehensive guide, "Weighing the Right Way",  provides our recommendations on achieving more accurate weighing results and  avoiding mistakes when working with laboratory balances.
Top of Form
Bottom of Form
Factors affecting weighing accuracy can negatively influence the results of a whole analysis, such that it is important to be aware of the rules that need to be followed when working with laboratory balances.
Weighing is one of the most common, yet critical and time consuming, tasks undertaken in the laboratory; therefore, weighing the right way is crucial.
Balances have developed to the point that, in general, they provide accurate results in most lab environments, with the possible exception of ultra-micro balances. Technological advances in electronics have considerably simplified the operation of balances, reducing weighing times. Moreover, the touchscreen digital display makes operation of the balance intuitive. However, this apparent ease of use can lead to insufficient care being taken to avoid the negative influence on analysis results caused by multiple factors affecting weighing accuracy. External influences are defined as physical effects that are measurable for all laboratory balances. Examples of external influences include:
Electrostatic forces
Airflow
Environmental vibrations
Effects of magnetism
Evaporation
Moisture uptake
Certain sample characteristics – such as evaporation of liquids, or hygroscopic/hydrophobic solid materials gaining or losing weight – may also be mistaken for external influences.
The purpose of this guide is to identify the most common factors affecting weighing accuracy and to explain the basic rules of weighing the right way with laboratory balances. The guide begins with suggestions for finding an optimal location for the balance. It then describes proper operation of this sensitive instrument, before analyzing possible external influences and their effects. Most of these influences are recognizable by a slow change in the weight display (drift).
Technologically advanced balances allow laboratory professionals to perform weighing operations more quickly and intelligently at the bench.
Thank you for allowing Accurate Weighing Scales (U) Ltd the privilege to serve you in advance.
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otcsocialnetwork · 1 year
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Penny Stocks Price Patterns (re-post)
Penny Stocks Price Patterns Every investor trading Penny Stocks must first find stocks that meet the criteria of fundamental analysis. Then the investor has a question: at what point should the shares be picked up? This question is answered by technical analysis. Price patterns are part of the technical analysis. We are going to talk about them today. Triangles There are three basic types of triangle patterns: symmetric, ascending and descending. A symmetric triangle usually ends with a continuation of the trend that preceded it. Traditional graphic wisdom suggests that asymmetrical triangles will give way to a trend in the direction of the slope of the hypotenuse. However, the direction of the breakdown of the triangular formation is more important than its type. Flags and Pennants Flags and pennants are narrow and short-term (for example, from one to three weeks) consolidation phases within trends. A figure is called a flag when it is bounded by parallel lines, and a pennant when the lines converge. Pennants may seem similar to triangles, but they differ in the time dimension: the triangle is formed much longer. Flags and pennants usually reflect pauses in a strong Penny Stock trend. In other words, these models are usually followed by price movements in the same direction that preceded their formation. A break of the flag or pennant border can be considered as a confirmation that the trend continues and as a signal to trade in the direction of the trend. However, since breakouts usually occur in the direction of the main trend, I prefer to open positions during the formation of the flag or pennant, without waiting for its breakdown. A significant break beyond the flag or pennant in the direction opposite to the expected one can be considered as a signal of a potential trend reversal. Double peaks and bottoms Double peaks and bottoms formed after a strong price movement should be considered as clear indicators of a major trend reversal. A double top (bottom) is considered complete when prices go below (above) the local minimum (maximum) located between two tops (bottoms) of the model. Head and Shoulders Head and shoulders is one of the most famous price patterns. The pattern is a configuration of three tops, the middle of which is higher than the preceding and following. Similarly, the inverted Head and Shoulders is a configuration of three bottoms with the middle bottom below the nearby ones. Perhaps the most common mistake is to make trading decisions on the basis of this formation before it finally formed. The Head and Shoulders pattern is not complete until the “neck” line is broken. Moreover, the true Head and Shoulders is formed only after a significant price movement. (original post) Check out our Free Penny Stock Screener HERE. http://dlvr.it/SgHJnY
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carneymcginnis50 · 2 years
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How To Improve Your For ex Trading Strategies
Forex is the largest financial market worldwide however, currency trading is a relatively new enterprise to many experienced traders. Using the tips listed below you will get a better understanding of how this market works. Read on and get ready to leap into the currency trading world armed with knowledge and confidence. When entering the forex market it is important to choose the right sort of account. Forex brokers offer accounts tailored to all sorts of traders, from neophytes to complete professionals. The leverage ratio and risks associated with different accounts determine their suitability to particular traders. Getting the right account is vital to ensuring a profitable forex experience. To get the most out of the forex market, do not rely too much on advice from other traders. Financial Fund Recovery see all the same information you see. They have no secret, privileged information to give you. Ultimately you will find it far more profitable to learn how to interpret the market information yourself rather than to rely on the questionable interpretations of other traders. A great tip for forex trading is to avoid picking tops and bottoms as much as you can because this is a common mistake. If you must do this, you should wait until the price action confirms a top or bottom before taking a position. Instead, you should try to stick with the trends. When you trade currencies in forex, try to buy based on trends. Picking currencies that are top and bottom pairs may seem more lucrative, but it is a much more difficult way to trade. Following trends will give you more long-term success and therefore, more long-term profit in your forex trading. While there are hundreds of possible currency pairs to take positions on in Forex, beginning traders should stick to the largest, busiest pairs. The large pairs trade fast. This gives the novice trader the opportunity to learn the Forex ropes much quickly. It can take days for trends to emerge in a slow pair when similar trends show up in the big pairs within hours or even minutes. Remember when using Forex that leverage acts as a double-edged sword. On one hand, it's good to create a low-leverage account, as it minimizes risk. But on the other hand, operating with low leverage will drastically limit your profit potential with Forex. Find a happy medium for the best possible approach. You should avoid trading in a foreign currency that you do not understand. You should start trading in the currency of your country, and perhaps expand to a few other currencies once you feel comfortable. This means you will have to keep track of the value of several currencies on a daily basis. In order to learn good trading strategies in the foreign exchange market it is very important to master a currency pair. Read on news about those countries and take note on how their currency acts. Jumping between different currencies could be a recipe for disaster and this could be avoided by this strategy. Forex trading offers the best profit potential during high volume markets. After hours trading has a low volume of trades and a characteristically volatile market. This makes any trading strategy much more difficult to work. The best trading hours depend on which currency pair you trade. For example, wait for the London market to open if you are trading the GBP/USD pair. When in doubt, sit it out! If you cannot find a clear trend to put your money on, do not trade. It is not wise to risk your money if you cannot foresee what is going to happen either way. It is better to hold onto the balance of your entire trading account than to lose it on a blind bet. As a general rule, most Forex traders should stay away from Forex robots and other other snake oil products as these products are unproven and untested. If these products did work, everyone would be using them so it is best to save your money and gain experience through a well thought out strategy. Armed with this knowledge you are now ready to enter the currency trading market. Bear in mind that, as with any other new venture, the key is to start out slowly and steadily. Never trade more than you can afford to lose and continue to source new information and tips as your trading expertise grows.
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waysmoke4 · 2 years
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Get Educated About Foreign exchange By Using These Easy To Adhere to Ideas
Lotéria You would like expert consultancy in relation to currency trading. This is likely the highest source of information that you simply is ever going to find because of the expert advice you will discover and also the crystal clear and succinct way that it is provided. Please read on if you desire to additional your knowledge of forex trading. When going into the foreign exchange market you should select the right sort of accounts. Fx brokers supply balances customized to a number of forex traders, from neophytes to complete pros. The influence percentage and dangers connected with distinct profiles establish their suitability to distinct investors. Having the appropriate profile is vital to ensuring a successful forex encounter. Will not try to be the top puppy in the foreign currency market. Remember that numerous others, for example financial institutions and insurance providers, are also forex trading as well. Give attention to creating a profit without overextending. 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Unless you double-examine your transactions before making them, you could potentially wind up in an incredibly unfavorable industry by error. The easiest way to learn Forex is as simple as training, so choose a broker that offers a "practice" account. These credit accounts permit you to have fun playing the marketplaces without having jeopardizing one of your own money, and can save you from major losses from beginner's faults once you begin out. Training balances provide you with a chance to examine your assumptions about Currency trading. When you discover a craze on currency trading, it is best to follow it. Others are generating funds on this stock, so just why not join the competition and gain some funds at the same time? There would not be lots of people buying or selling a stock when it had not been which makes them dollars. Forex traders that allow on their own to get overwhelmed make mistakes. Should you be starting to recognize you are having difficulty being familiar with what exactly it is that you are undertaking then it is advisable to move out and crystal clear your face just before ongoing on the same pathway. A fantastic suggestion for fx trading is usually to operate smart, not difficult. To be successful at investing you ought to be capable of making the correct judgements at the right time. It isn't about how difficult you operate or just how many hrs you put in. It is crucial for the astute Forex trader to never trick on their own. Roles should be opened up depending on crystal clear, confirmed styles, not on fifty percent-viewed guesses and confident requirements. Great investors buy and sell towards the realities from the market, to not suitable conditions they can be hoping to see create later on. A common mistake created by dealers from the forex currency trading markets is in order to efficiently focus on the tops and bottoms on the market prior to these are evidently shaped. This plan has conquered numerous experienced traders ever since the levels and lows are incredibly illusive to outline. An improved strategy, that can lower your danger, is usually to permit the tops and bottoms evidently acquire design well before creating your position. Doing this will improve the chance to walk aside with profits from your purchase. When you find yourself participating in a dangerous atmosphere, the single thing that you have to do is expect the potential risk of malfunction. This will put you in a job that you will recognize the chance of losing cash, that will not harm as much in case your assets failed. Dealers unfamiliar with Foreign exchange get very passionate and usually pour all of their effort and time into forex trading. On the whole, folks usually lose concentrate right after a period of time, so when you discover youself to be not dedicating yourself fully towards the trade it's almost certainly a good time to step aside for any little. It is important to get smashes right after continuous buying and selling. Safeguard on your own from scams that are everywhere in the Foreign exchange market. This really is a globally market and it starts the doorways to scam designers that are trying to find anyone that they can find to take advantage of. Tend not to get misled into employing a business that advertises higher earnings and minimum risks. When buying and selling in the foreign exchange marketplace, trade for the existing, not for future years. The industry within its recent state is probably not the same as the current market down the road, so give full attention to currency couples on the existing time. Also, don't boost positions which are in the reddish. As much as numerous forex traders from the forex trading market want to believe that, there is not any secret to profitable forex trading or knowing the market. Success from the foreign exchange market place arises from preparing in advance, work, and building a process according to trends. Comprehending the market place comes from undertaking study. To prevent frustration and dropping your hard earned dollars quickly, you have to be sensible along with your Currency trading expectations. Cash can be created by using it, however you won't get rich right away! This specifically rings accurate in case you are a beginner. In becoming qualified in Fx trading takes time and analysis. Leaping in with out sensible requirements is a quick path to failure. You wish to know the greatest info readily available facing currency trading. Take a moment or two, and get back to evaluation all of the suggestions presented since this can help you locate good results with a much increased scale than you could have previously believed.
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darwin-xf · 3 years
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SSSSStakeout
Stakeout. Baltimore. Not an X file. Skinner had assigned them.
He called them in the day before. Immediately, he had Scully’s complete undivided attention. Mulder was predictably peevish. Pouting. God, why was he always like this?
“You have been carefully selected to be part of this team. The human trafficking task force here in DC has been working to get these guys for two years.”
“It’s just that, Sir, we’re the only two agents assigned to the X files. What if a case comes up while we’re on this other thing?”
“Mulder. Last week I found you a mutant in California. Don’t be a pain in the ass. We’re closing in on arrests here. And we need experienced agents. It’s only a couple days. One mistake could make it all go boom.”
Scully was raking him over, pinning him with some serious side eye. Skinner shut up and ducked down to pretend to get something from a bottom desk drawer. Allowing her the space to persuade him with those peepers. God knows they had worked him over once or twice. Maybe three times. Jeepers creepers.
These two. He was something. But she, she, she? She was something else.
Skinner’d gone to high school with a kid named Brett Miller who was a freakishly good athlete. And he played basketball with this guy. Class of 1970 and to this day, he still held a handful of school records. He’d gotten a full ride at Villanova then played a couple of years in the NBA, plus ten more overseas. Their coach was old school, never one for gratuitous praise. He ran their asses off in practice, had them drill on defense ninety percent of the time.
One day they were working on mastering a full court trap press. Nobody was supposed to shoot the ball. An inviolable rule. But Brett, once he quit holding back, he singlehandedly broke the press with ease. Then he skittered out of double coverage with a behind the back dribble and launched a shot from forty feet. When the ball was in the air, everybody gasped. Then it fell through the hoop, nothing but net. Brett fell to his knees and grabbed his head.
“Sorry, Coach. Sorry guys,” he said, and fell down prostrate on the court. “Glad he’s on our team,” their coach quipped. Gruff old guy.
Then had them all run five suicides before sending Brett to the showers and resetting the press. Supposedly it was a punishment, but Skinner knew even then that coach wanted them to practice against normal human boys. They won a state championship six weeks later.
That’s how Skinner felt about Mulder and Scully. They tended to muck things up. But all in all, he was glad they were on his team.
“OK, Sir.” Mulder said, when Skinner was back in his seat and facing them thirty seconds later. He was gripping the arms of his chair.
Scully nodded. She’d won this round. And she’d seemed relieved and pleased, Skinner thought, her pigheaded partner had knuckled under.
Thirty-six hours later, they sat on a squalid block in outside a row of strip clubs. One way street, narrow and dim. Parked in a ‘68 Mustang (special issue motor pool) equidistant from three pertinent businesses demarked by tawdry awnings inked in flagrant fonts: Norma Jean’s, Pussycat, and Club Hustler.
Fifty yards from the front entrance of the Charm City Suites, with a view also of an emergency exit up a narrow alley. Eyes trained on doors, tracking comings and goings. Nothing yet.
Inside, a trio of Albanian bad guys were allegedly holding between ten and twelve women from all corners of the globe against their will. Seduced with promises of opportunity and liberty, then stowed, stashed, and shifted to this small seamy corner of the supposedly free world. They were displaced and disempowered, lacking a common language or a lay of the land. Forced into rough trade.
It was a delicate operation. These guys had reach, and assets, a dozen identities between them and links with organized crime, plenty of cash in offshore accounts. If they were tipped, they’d simply disappear. Never be brought to justice.
Not a X file. But a handful of real assholes who needed to be off the streets. He knew this. Lately, he’d been trying to, you know, grow up. With the new year coming up, hell, a new Millenium in fact, he was considering a resolution. Change is hard.
They had drawn the midnight to 8 am shift. Their cover was, she was a dancer at Norma Jeans, and he was her boyfriend. If the subjects —they had extensive dossiers on all three— took interest or noticed them, she was on a break, visiting with him outside in his car.
She was Scarlett, he was Mulcahey. That was it. They were to improvise from there, as necessary. There were lone agents posted in all three titty bars, plus a pair staying in the hotel, all original members of the task force.
Scully was next to him, an arm’s length away across the bench seat of this seriously sweet ride. Not that he was a car guy, but Gawd.
Two hours in, a silence had settled between them. Not uncomfortable. Scantily clad as per their cover, she hummed as a shiver ran through her. Mulder eyeballed her and turned over the key. The engine roared to life. Soon a weak plume of heat seeped out from the floorboards and pooled around their ankles.
“If we could take her for a spin, I could warm you up properly, Scully.”
She quirked an eyebrow at him.
“What? V eight and all. Kind of irksome, just to have to sit here idling. Makes me feel... impotent.”
Beside him, huddled around her cup of lukewarm coffee procured on the way over, she began to shiver.
“Aw, Scully. Crap.”
He stripped off his black leather jacket and she sat up, allowing him to drape it over her shoulders. He still wore several layers. A long sleeved slub cotton white v neck tee, a chambray dress shirt, slippery and moss green. Stiff jeans dyed dark indigo. Black boots.
She eyed his outfit. Shook her head. Unfair. She wore only a leopard print mini dress. Straight from central casting. Really.
“Thanks,” she said, glad for the warmth. And the masculine creak, the almost alive redolence of hide. She snuffed her nose against the collar, breathed him in. Thought of his sofa.
“Skinner warned us,” he said, imitating him. “This is not a warm body stakeout, Agents.” She smothered a laugh.
This pleased him. He smiled.
Read the rest at Ao3
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dropssofjupitter · 3 years
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The American
Pairings: Fred Weasley x Slytherin!Reader [Platonic], George Weasley x Slytherin!Reader [Semi-slowburn]
Summary: Detention with Umbridge and a nasty caretaker cause you to run headfirst into a rocky new friendship, literally.  
Word Count: 2.8 k 
Warnings: Umbridge (she probably won’t be going away any time soon), light swearing, Harry being slightly prejudiced against Slytherins
<<Previous  
A/N: Honestly I was not expecting all of that positive feedback on the first chapter thank you so much! As usual, I apologize for any ooc sequences with the twins, I’m slowly but surely learning how to write for them. [This chapter has not been beta-read. Any mistakes are mine and mine alone]
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You stood outside the door to Umbridge’s office, taking deep breath after deep breath and willing yourself to raise your hand to knock on the door. It was fine. You were fine. She would probably just have you write lines or clean something, nothing to be this worked up over. 
“Are you going to knock, or should I?” a slightly annoyed voice to your right asked. You whipped your head towards it and found yourself staring blankly at whom you had recently found out actually was Harry Potter, and not an extremely good look alike. 
“Oh, um. I was just about to,” you replied in an entirely unconvincing way. 
He raised an eyebrow and looked at you in disbelief, making you feel as though he had witnessed at least part of the last ten minutes that you had spent debating whether or not to knock.  
“Yeah. Sure you were,” he said, moving to knock on the door himself. Before he could, however, the door swung open on its own accord and Umbridge’s voice rang as sickly sweet as ever from inside the office. 
“Come in Mr. Potter, Ms. Jones.” The two of you entered the room and you had to do a double take as soon as you crossed the threshold. The entire room was painted pink. 
From the brick walls to the ceiling, all you could see was pink. For heaven’s sake even the stone floor had a large pink shag rug on it. Not only that, but the walls were covered from top to bottom with cat pictures. They moved around and played with yarn within the photographs, and when you peered closer at a particular Maine Coon to your left, the damned thing had the audacity to hiss at you. 
You quickly turned your attention back to Umbridge, watching as she carefully added three spoonfuls of sugar to her (shocker) pink tea and stirred it slowly. “You two will be doing some lines for me today,” Umbridge said carefully, adjusting a fountain pen on her desk so that it lined up perfectly with the others. 
You visibly sagged with relief, mentally berating yourself over working yourself up about the punishment as you followed Harry’s lead and sat in the second desk in front of Umbridge’s. The two of you reached into your bags to pull out your quills when Umbridge interrupted you. 
“Oh no, you’ll both be using one of my quills today,” she replied, a smile that was almost a smirk painted on her face. You and Harry traded a look as she gave you both quills, but you shrugged it off. You could tell that she was incredibly organized, maybe she just preferred her quills. She looked between the two of you as you grabbed your quills, seeming to choose her words carefully. “I want you both to write ‘I must not tell lies’.” She stated. 
You took a breath, holding your tongue before looking back at her over your shoulder. “How many times do you want us to write it?” you asked, making sure that you kept eye contact with her and didn’t back down from her gaze. 
“Let’s say, as many times as it takes for the lesson to sink in, hm?” she replied, taking a sip of her tea and turning to look out of the window behind her. 
You glanced over at Harry and shrugged before returning to your parchment and beginning to write. After the first line your hand began to itch. You ignored it. After the second line the itch turned to a mild burn. You chalked it up to an allergic reaction and casually rubbed at it before continuing. On the third line the burn worsened and you glanced down at your left hand, your eyebrows furrowed. That wasn’t an allergic reaction. You looked over at Harry again and saw him giving you the same confused look that you had on your face. 
Suddenly the burning turned into a stabbing pain and you watched in mute horror as the words ‘I must not tell lies’  were carved into your hand in a perfect imitation of your handwriting. You looked down at the quill in your right hand and realized that it must have been enchanted.
You looked over at Harry as he hissed in pain and watched as the same words were carved into his hand. He lifted his head to meet yours before turning slightly to see Umbridge standing over his shoulder. She smiled at him, her tea cup resting on its plate in her hand. “Something wrong?” she asked with false concern. She looked almost hopefully between the two of you, and you realized suddenly that she wanted one of you to speak up. She wanted you to complain to her or tell her that this was unfair. 
So, you grit your teeth and forced a polite smile onto your face as you replied in a tone that matched her sickly sweet one to a T, “No professor, not at all.” You saw Harry slightly nod at you out of the corner of your eye in approval before silently turning back to his parchment and continuing with his lines. You followed his lead and did the same, gripping the edge of your desk tightly as you forced a look of complacency onto your face for the time being. 
Two hours later Harry walked out of the office with you following close behind him. Both of your left hands burned and itched with the words that had found purchase within your skin. 
“Is..,” you swallowed and licked your lips, eyes trained consciously on your new wounds. “Is this usually how detention goes here?” You asked hesitantly, incredibly scared that Harry would say yes and you would be subjected to similar punishments while you were at Hogwarts. 
He shook his head, looking up from his own hand and finally meeting your eyes. “No. This is....,” he paused, seeming to search for the right words. It hardly mattered, you had nearly all but slumped in relief when he said no. “She’s testing us. Well, me specifically. It’s a little hard to explain.” 
You nodded your head, hoping that it looked like you knew exactly what he was talking about. Truth be told, you were incredibly clueless, however you had caught whispers and rumors of the new teacher being a way for the Ministry of Magic to interfere at Hogwarts. You wouldn’t lie and say that you knew exactly what that meant, but you could tell it was highly unusual by the student’s and faculty’s behavior. 
“Listen, it’s incredibly important that you don’t go to any teachers about this,” Harry said quietly, grabbing your arm and pulling you away from the door to Umbridge’s office and into a nearby hallway. 
You looked at him, drawing your eyebrows together. “I’m sorry? You just told me that no detentions here are like hers, so wouldn’t this count as child abuse? I mean, in some sort of way?” You asked, raising your scarred hand for emphasis. 
“Probably, yes. But what she’s doing. . it’s bigger than that. She, she wants us to speak up so that she can claim we’re speaking against the Minister.” He replied. 
You paled slightly. To speak against the Minister plainly would not go over well. You had done your research on the Ministry and the Minister himself, and you knew that he was not the most agreeable person. He was scared of anyone who held more power over him, and when people in power were scared they lashed out quite harshly. 
Harry saw the understanding dawn on your face and he nodded, knowing that his point had effectively gone through. His hand dropped from your arm and looked around the corner, keeping an eye out for the caretaker who roamed the grounds at night for students out past curfew. 
“I won’t tell anyone,” you promised, hands nervously twisting the strap to your bag that hung off of your shoulder. 
His shoulders sagged in relief and he nodded his head. “Good, good.” Footsteps echoed down a nearby corridor and the both of you froze. It was time to leave. 
You turned on your heel, preparing to make a break for your common room as quietly as possible when you felt Harry gently grab your elbow. You turned your head back, looking at him with a raised eyebrow. 
“You’re not that bad for a Slytherin,” he said, a small smile on his face. The smile dropped as suddenly as it had appeared. “It probably won’t last long.” 
You faltered, quite frankly unsure of how to react to his statement. Before you had the chance to even debate a response, however, Harry looked around the corner, adjusted his bag, and then left. 
You stood there for a moment of two. Whether you were trying to absorb the compliment turned insult you had just received, or the torture you had recently endured, you were unsure. However, you were quite sure at the sight of the caretaker’s cat (Mrs. Norris if you remembered correctly) that it was well past time for you to make your grand exit. 
That is, until she began to meow obnoxiously loud. 
“Shit,” you swore, abandoning all hopes of being discreet as you heard the rapidly approaching footsteps accompanied with the now yelling of the caretaker. You turned on your heel and barreled down the corridors, rapidly turning this way and that in hopes of throwing the caretaker off. His name was Filch, if you remembered correctly. However it seemed like the entirely wrong thing to be thinking about at the moment.
After turning a particularly sharp corner, you cursed under your breath as you pulled out the thick parchment that the red headed twins had dropped yesterday. You frantically unfolded it, knowing that a map was somewhere on the mass of parchment. Finding that the parchment yielded nothing, you groaned in frustration and raised your wand to it. “Revelio,” you whispered, keeping your ears peeled for the rapidly approaching footsteps of Mr. Filch. 
As writing appeared on the parchment, you grinned, your smile falling as you read what the scrawl said. “Messrs Moony, Wormtail, Padfoot, and Prongs advise that Ms. Y/N continue running and stop waving her wand about like a fool.” 
You growled, sticking your wand back against the parchment. “I would castrate the four of you if I could,” you replied, hurriedly running down another corridor and taking the first left as you heard footsteps grow closer. You looked down at the map again, watching as new writing appeared before you.  “Messrs Moony, Wormtail, Padfoot, and Prongs like your style and are frankly quite scared of you at the moment. As such, we would advise that you take the next left and then your first two rights.” 
You breathed a sigh of relief before looking back down at the parchment. “If you’re leading me into a trap, I will personally make sure that every bit of you is burned to a crisp in the woods,” you threatened, taking a moment to catch your breath before taking off running once more. 
You had only taken your first of the two rights when you slammed right into a familiar duo. The three of you lay sprawled out on the floor, though you had somehow landed on top of one of the twins. 
“Is this payback for earlier?” One of them asked with a loud groan whilst rubbing his head. 
You bolted upright and looked behind you, nearly crying when you heard Filch’s voice still following you. “Shut up and follow me,” you said, grabbing both of their wrists and dragging them behind you as you made your last right into a long corridor. 
~~~~~~~~~~~~~~~~~~~~~~
The twins were hardly about to complain as you dragged them down the long winding corridor, they had heard the rapidly approaching meows of Mrs. Norris almost as soon as you had. However, as soon as they saw the dead end that the corridor provided, they nearly groaned in defeat. 
They knew this corridor. In fact, they had often run down it in a panic on more than one occasion in a desperate attempt to ditch Filch or whatever prefects that happened to be after them on that particular night.
They traded looks behind your back as you stopped right in front of the portrait, swearing that they heard you curse under your breath as you flipped out a stack of parchment. 
“If there isn’t a passageway behind this damned portrait, I will personally see that you go straight through a paper shredder,” you hissed at the paper, fingers deftly skimming the edges of the portrait, much to the painting’s displeasure. 
After a brief, stretched out moment, your fingers caught the latch that both brothers knew were there, and the portrait swung open to reveal a passage. They watched as a look of pure glee crossed your face, and George swore that he nearly melted as he watched you hoist yourself into the opening, the expression still on your face. 
You turned to look behind you, apparently realizing that both boys were still behind you. “Are you guys coming or not?” You asked, holding out your hand to them. 
With a smirk, Fred took your hand, easily pulling himself into the passage beside you before helping George inside as well. The portrait swung closed behind him, used to the schemes that the twins came up with, and left them in eternal darkness. 
At least, until Fred whispered the Lumos charm. You shied away from the sudden light, blinking multiple times in an attempt to adjust your eyes to the light. 
“Do you know where you’re going, or do we have to lead you out of here?” George asked, looking over at you with expectant eyes. 
Meanwhile, Fred, who had been scanning your form, gasped and dramatically placed a hand on George’s knee. “Georgie, doth thou see what thine eyes see?” he asked, blinking his eyes multiple times as he pointed with a flourish as the map you held in your hands. 
George, quickly picking up on his brother’s antics, gasped as well. “Thief!” he exclaimed, placing a hand on his heart. 
They watched as you looked down at the map in confusion, and then rolled your eyes in an annoyed manner as realization struck. 
“I didn’t steal it, you dropped it when you, quite literally, ran into me today,” you replied. “Not my fault that you can’t hold on to a damned piece of paper.” You huffed after a moment’s hesitation and shoved the map out in front of the twins. “Here, take it.” 
They blinked, pausing and looking between you and the paper. People hardly gave up the Marauders Map easily, especially if they had just found it. George hesitantly poked the parchment with his wand, looking at it skeptically. “You didn’t curse it, did you?” he asked. 
You sighed, obviously growing impatient with the conversation. “Why in God’s name would I do that?” 
Fred, obviously lacking a healthy fear of death in George’s opinion, shrugged and took the map without a second thought. “Good enough for me!” he said happily, placing the map back in his pocket and looking between the two of them expectantly. “So, we were making our grand escape?” He supplied casually, gesturing with one hands towards the rest of the passageway. 
~~~~~~~~~~~~~~~~~~
You spent the next half hour getting lost in the twisting and winding tunnels with the twins until one of them got frustrated enough to grab the map and open it up. They had given you a small look before they’d opened it, and then, seeming to decide that they trusted you enough, dropped the enchantment on the map. You made sure to remember the phrases that they used when doing so. 
To be quite honest, you hadn’t entirely hated spending that half hour in the tunnels with the twins. You had gotten to know both of them a bit better whilst crawling around in the dust and had learned that their names were Fred and George, and that they had four other brother’s as well as a younger sister. 
You, in turn, had shared your name and that you had an older no-maj brother. They had made fun of you lightly then, insisting that the proper term was muggle and that you needed to brush the American off because “blimey it’s getting a little tiring carrying this entire conversation!” 
When the three of you had finally exited the tunnels near the entrance to the Slytherin common room, you realized that you couldn’t remember the last time that you had laughed that much in one night. You smiled to yourself as you waved goodbye to the twins and entered your common room, making your way quietly to your room in case anyone was still up late and lingering in the hallways. 
Cautiously, you closed the door to your room behind you, making your way over to your bed as quietly as you could and slipping off your shoes before pulling your covers up and around your shoulders. When you drifted off to sleep, dreams of hidden passageways, old castles, and bloodied quills filled your mind’s eye.  
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Art trade with @kittyandco !!! I hope you will like it :3
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To come back here, and having his honour tarnished by the fiasco that was Arendelle wasn't enough: of course his brothers had to make him attend a ball for God's sake. After all he was still a prince, even if he had to work with filthy commoners and prisoners for some months, excluded from everyone. His mother made a long discourse in front of their people, stating she will forgive her son, because it was only a little mistake. "Everybody wants to rule the world" as she explained, sometimes glancing at her younger son, he could feel her shame and hate through her gaze. Apparently, everything was forgiven and even forgotten and it was just a thorn in Hans's life. The only reason he was staying in this damn ball was for her. 
He sighed, almost nervously and tried to collect his memories from the last time he saw her. He was telling her he was leaving for the kingdom of Arendelle, and that she shouldn't be worried about him. She seemed sad and distressed at first, she seemed to worry even more when he told her not to. But she was so sweet and kind; he didn't want to be a thorn on her side. He gulped, realising she must have heard of his bad deeds. 
It made him sweat even more. What was she thinking of him now? He was no longer a young, smart, kind and handsome prince, he had nearly committed two regicides and was sent home with a broken nose thanks to Princess Anna. She will never forgive him for this. She must be boiling with anger, knowing that he was flirting and spending some romantic moments with the young princess. He even sang with her! He was ashamed by his behaviour and hoped that she will forgive him.
He was outside on the balcony, she didn't make an appearance yet. Maybe she won't come? Maybe she must be so enraged and hateful, she had every right after all. 
While he was away, she arrived. Strutting in her beautiful outfit, trying to find the love of her life. She was looking everywhere for him, asking some guests about the youngest prince. Some of them didn't even bother to reply because of course he is the failed one. Why would a young and amazing young woman like her wanted to see that failure? 
Finally, she worked the courage to ask his brothers, who informed her with a sly smile that their brother was outside, probably crying like the weakling he was. She desperately wanted to snap at them for mocking him that way but her desire to see Hans was biggest than to humiliate those little snotty princes.
So, she turned around and saw a silhouette behind the double glassed doors. No one was outside because of the chilly weather but she didn't care. She looked behind her shoulder and saw her family talking to other guests, not questioning her or even looking at her. She sighed and decided to cut through the chase as she approached the door to the balcony.
He was lost in his thoughts once again, thinking about how he could have saved himself from this failure. His eldest brother Frederick humiliated him well when he arrived: throwing him to do some incorrect chores amongst the horses but at least he loved horses. Then, Hans heard the double doors being opened and closed. He closed his eyes, sighing a little. The prince didn't even turn around. 
"What do you want, brother? Humiliating me again?" 
"It's not your brother Hans." 
Her voice. Her sweet lovable voice. He whirled around and his breath was stuck in his lungs. She looked wonderful and beautiful that night; she was wearing a large pink and white gown, with tulle on her sleeves and on her collar until her chest and golden lace and embroidery on the skirt. Her hair was done neatly, with a golden flower crown. She didn't look angry, and he was relieved by that. 
"My dear one…" He whispered as he approached her, taking her gloved hand and kissing her knuckles softly while kneeling down. "How I missed you…" 
She observed him with sweet brown eyes, a small smile on the corner of her lips. He almost wanted to kiss the tip of her skirt's dress for forgiveness. His eyes were locked on hers, he was waiting for her to lash at him. 
"I was frightened that you would leave me for that princess…" She murmured. 
"I would have made you my queen." 
"I was also scared when I couldn't find you in the palace. Your mother… She was so harsh about you." 
He stood up again, slightly taller than her. His eyes stared deep into hers again and he felt himself lost in it. She was his paradise, his light. He took her by the arm softly, guiding her toward the stairs to go walk around the beautiful garden. She was swift to lean on him and he realised how much he missed her touch and presence. Oddly, the matter of the affair in Arendelle and her not reacting about it made him a little bit anxious and he wondered if she was just going to stab him in the back. After all, it was the favourite technique of his siblings and his parents. 
"What did Mother say?" He asked curiously.
"She said you were a disappointment and that she was certain you will never access the throne." 
He sighed, it wasn't nothing new. He thought with going to Arendelle to take the throne would suffice for his mother to respect him. But since it had turn to water… 
"Kitty…" He murmured as he sat down on a bench near the fountain. 
"Yes Hans?" She breathed out.
"I hope you believe me when I say this: I never loved Anna. My heart has only one place and it is for you. You're the queen of my heart." 
The young woman smiled and placed a kiss on his cheek. He closed his eyes, savouring her touch. He truly missed her. He hadn't been able to send letters when he was in the other kingdom. He was glad she was not angry at him. 
He stood up, taking her with him. They could hear the music from the inside, booming in the garden softly. There was no one because it was a little chilly. He took her hand and waist in a soft manner and they both started to swing around, dancing a little waltz. She laughed heartily, and smiled at him all the time. 
When the music stopped, they stopped too and with a little giggle, they both ran into the small wood surrounding the royal castle. She was quicker than him, sometimes turning around. It reminded both of them of the time where they were both children, here for playdates. 
Two against the world since they were younger. 
They went deep inside the wood, recognizing the small path which led to a wooden carousel. He remembered how they used to climb on the beautiful painted horses, pretending to ride free or when they played war games! Of course now, the paint was gone from the horses and everything was rotten but he bet it was not dangerous. 
She sat at the bottom of the small staircase, observing the sea and the ships in front of her. He did the same and sat besides her. A comfortable and warm silence established between the two and Kitty leant her head into his shoulder, and Hans put his hand on hers, careful to not impale himself with her small crown. 
"I miss the time where we were kids." The dark haired woman revealed. "Everything was so easier." 
"I agree." Hans replied simply, taking her hand in his.
"No one to get in our way, just running around, pretending to be knights or soldiers or… free people." 
"We still can do that! Let's get some horses tomorrow and let's ride!" 
"Oh Hans…" She sighed, clearly bothered by something. "When I heard about yours and Anna whereabouts… I was so scared you would leave me for her. I know it was all part of your plan to get the throne but… I was so afraid you would catch feelings for that princess and that you would forget me." 
"I would never!" He exclaimed almost shocked she would believe that. "Never would I forget you!" 
"I know but…" She watched as he moved to kneel in front of her. "It is what I believed, I know it wasn't rational. But usually when someone leaves that place, they marry another person and they don't come back here." 
He kissed her hand and he brought it to his cheek, appreciating the warmth and the soft fabric of her glove. 
"I love you Kitty." 
"I love you too Hans." 
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How To Improve Your For ex Trading Strategies
Forex is the largest financial market worldwide however, currency trading is a relatively new enterprise to many experienced traders. Using the tips listed below you will get a better understanding of how this market works. Read on and get ready to leap into the currency trading world armed with knowledge and confidence. When entering the forex market it is important to choose the right sort of account. ethereum news offer accounts tailored to all sorts of traders, from neophytes to complete professionals. The leverage ratio and risks associated with different accounts determine their suitability to particular traders. Getting the right account is vital to ensuring a profitable forex experience. To get the most out of the forex market, do not rely too much on advice from other traders. Fellow traders see all the same information you see. They have no secret, privileged information to give you. Ultimately you will find it far more profitable to learn how to interpret the market information yourself rather than to rely on the questionable interpretations of other traders. A great tip for forex trading is to avoid picking tops and bottoms as much as you can because this is a common mistake. If you must do this, you should wait until the price action confirms a top or bottom before taking a position. Instead, you should try to stick with the trends. When you trade currencies in forex, try to buy based on trends. Picking currencies that are top and bottom pairs may seem more lucrative, but it is a much more difficult way to trade. Following trends will give you more long-term success and therefore, more long-term profit in your forex trading. While there are hundreds of possible currency pairs to take positions on in Forex, beginning traders should stick to the largest, busiest pairs. The large pairs trade fast. This gives the novice trader the opportunity to learn the Forex ropes much quickly. It can take days for trends to emerge in a slow pair when similar trends show up in the big pairs within hours or even minutes. Remember when using Forex that leverage acts as a double-edged sword. On one hand, it's good to create a low-leverage account, as it minimizes risk. But on the other hand, operating with low leverage will drastically limit your profit potential with Forex. Find a happy medium for the best possible approach. You should avoid trading in a foreign currency that you do not understand. You should start trading in the currency of your country, and perhaps expand to a few other currencies once you feel comfortable. This means you will have to keep track of the value of several currencies on a daily basis. In order to learn good trading strategies in the foreign exchange market it is very important to master a currency pair. Read on news about those countries and take note on how their currency acts. Jumping between different currencies could be a recipe for disaster and this could be avoided by this strategy. Forex trading offers the best profit potential during high volume markets. After hours trading has a low volume of trades and a characteristically volatile market. This makes any trading strategy much more difficult to work. The best trading hours depend on which currency pair you trade. For example, wait for the London market to open if you are trading the GBP/USD pair. When in doubt, sit it out! If you cannot find a clear trend to put your money on, do not trade. It is not wise to risk your money if you cannot foresee what is going to happen either way. It is better to hold onto the balance of your entire trading account than to lose it on a blind bet. As a general rule, most Forex traders should stay away from Forex robots and other other snake oil products as these products are unproven and untested. If these products did work, everyone would be using them so it is best to save your money and gain experience through a well thought out strategy. Armed with this knowledge you are now ready to enter the currency trading market. Bear in mind that, as with any other new venture, the key is to start out slowly and steadily. Never trade more than you can afford to lose and continue to source new information and tips as your trading expertise grows.
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cabreraohlsen10 · 2 years
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How To Improve Your For ex Trading Strategies
Forex is the largest financial market worldwide however, currency trading is a relatively new enterprise to many experienced traders. Using the tips listed below you will get a better understanding of how this market works. Read on and get ready to leap into the currency trading world armed with knowledge and confidence. When entering the forex market it is important to choose the right sort of account. Forex brokers offer accounts tailored to all sorts of traders, from neophytes to complete professionals. The leverage ratio and risks associated with different accounts determine their suitability to particular traders. Getting the right account is vital to ensuring a profitable forex experience. To get the most out of the forex market, do not rely too much on advice from other traders. Fellow traders see all the same information you see. They have no secret, privileged information to give you. Ultimately you will find it far more profitable to learn how to interpret the market information yourself rather than to rely on the questionable interpretations of other traders. A great tip for forex trading is to avoid picking tops and bottoms as much as you can because this is a common mistake. If you must do this, you should wait until the price action confirms a top or bottom before taking a position. Instead, you should try to stick with the trends. When 

crypto asset recovery
 trade currencies in forex, try to buy based on trends. Picking currencies that are top and bottom pairs may seem more lucrative, but it is a much more difficult way to trade. Following trends will give you more long-term success and therefore, more long-term profit in your forex trading. While there are hundreds of possible currency pairs to take positions on in Forex, beginning traders should stick to the largest, busiest pairs. The large pairs trade fast. This gives the novice trader the opportunity to learn the Forex ropes much quickly. It can take days for trends to emerge in a slow pair when similar trends show up in the big pairs within hours or even minutes. Remember when using Forex that leverage acts as a double-edged sword. On one hand, it's good to create a low-leverage account, as it minimizes risk. But on the other hand, operating with low leverage will drastically limit your profit potential with Forex. Find a happy medium for the best possible approach. You should avoid trading in a foreign currency that you do not understand. You should start trading in the currency of your country, and perhaps expand to a few other currencies once you feel comfortable. This means you will have to keep track of the value of several currencies on a daily basis. In order to learn good trading strategies in the foreign exchange market it is very important to master a currency pair. Read on news about those countries and take note on how their currency acts. Jumping between different currencies could be a recipe for disaster and this could be avoided by this strategy. Forex trading offers the best profit potential during high volume markets. After hours trading has a low volume of trades and a characteristically volatile market. This makes any trading strategy much more difficult to work. The best trading hours depend on which currency pair you trade. For example, wait for the London market to open if you are trading the GBP/USD pair. When in doubt, sit it out! If you cannot find a clear trend to put your money on, do not trade. It is not wise to risk your money if you cannot foresee what is going to happen either way. It is better to hold onto the balance of your entire trading account than to lose it on a blind bet. As a general rule, most Forex traders should stay away from Forex robots and other other snake oil products as these products are unproven and untested. If these products did work, everyone would be using them so it is best to save your money and gain experience through a well thought out strategy. Armed with this knowledge you are now ready to enter the currency trading market. Bear in mind that, as with any other new venture, the key is to start out slowly and steadily. Never trade more than you can afford to lose and continue to source new information and tips as your trading expertise grows.
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laughawayeternity · 3 years
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binary options trading signals franco Louisiana The system can be based on any type of option strategy and includes both fundamental and technical analysis.
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Important Techniques:
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First, you must understand the degree which time affects the premium of the option you are considering trading. There are two parts you must consider when factoring time into the stock option trading decisions. The first thing that you must take into account is the intrinsic time left on an option. Since options have a limited time period of anywhere from 30 days to several year depending on the particular option that you bought you must be sure that you purchase the correct option containing enough time on it to insure that time decay doesn't erode your investment away before your position has enough time to be profitable. The second skill of trading options profitably is factoring time into your trading system in relation to trading a particular stock option and knowing the statistics of your option trading methodology or option trading setup by knowing the average holding period of a trade signal. If your average holding time for an option trade is seven days then you don't want to buy an option with three months of time premium left on it because you would be paying more for the extra time with the option's purchase price. Nor would you buy an option with less that 30 days till expiration as time decay would erode the value of option so quickly that even if the option's underlying stock movement moved favorably to you the time decay would prevent you from realizing a gain in the option itself. The third thing to profitable option trading is understanding the relation of volatility between the market, the underlying stock that underlies the stock option, and the effect is has on the value of the option itself. When the general stock market as an index goes through periods of volatility or low trading ranges the stocks that make up the market tend to follow overall trend and also begin to experience periods of low overall volatility which in turn can cause derivative like stock options to become cheap or low premiums. But if the market's volatility rises it is likely that individual stocks will follow the trend causing stock option premiums to increase in value given that the market moves in the trader's favor. The next key in how to trade stock options successfully is having a stock option trading method that takes these key factors into consideration while giving clear entry signals, clear exit signals, a defined system of trade management, and a profit factor greater than your average loss over a series of trades. Knowing the ins and outs of various trade setups is useless if you don't have a trading methodology that guides you in every step of the trade process. A solid trading method holds you by the hand and defines each step while leading you to being a consistent winner in the markets and a profitable trader when all is said and done. Finally, the fifth and final key to successfully trading stock options is yourself, particularly your trading psychology. Human beings and there mental makeup are extremely complex so it is extremely important that stock option traders not only have a sound stock option trading methodology but the discipline to follow their trading methods. You can give two people the same exact winning trading system but it is very common for them to have different results. Invariably, the one that has the ability to remain as detached from his losing trades as well as his winning trades while maintaining the discipline to follow the system's rules no matter the trading result will emerge the greatest winner in the end. Using these five keys as a basis to develop your stock option trading methodology can help you avoid the mistakes and pitfalls of many beginning option traders. By understanding time decay, factoring an option's time into your trading method, how volatility impacts a stock option's value, what defines a reliable stock option trading methodology, and your own trading psychology you now have a foundation to develop into a winning stock option trader. Finding Or Creating Your Own Options Trading System That WorksStock Options are wonderful! This clever derivative of the equities market has to be one of the most ingenious inventions of modern times. For the trader who can learn how to win at trading options there are many luxuries in life that can be experienced.
commodities options trading course online Louisiana But if the market's volatility rises it is likely that individual stocks will follow the trend causing stock option premiums to increase in value given that the market moves in the trader's favor.
The criteria are different for each type of option trading strategy. Whether it is long calls, covered calls, bear spreads, or selling naked index options, each has its own trading system model. An option trading system that is worth its salt will help you weed out false signals and build your confidence in entries and exits. How Important is an Options Trading System?The options market is very complex. Trading options without a system is like building a house without a blueprint. Volatility, time and stock movement can all affect your profitability. You need to be cognizant of each of these variables. It is easy to be swayed by emotion when the market is moving. Having a system helps to control your reaction to those very natural and normal emotions. How often have you sat and watched a trade lose money the instant your buy order filled? Or, have you ever watched a stock skyrocket in price while you are pondering over whether or not to buy it? Having a structured plan in place is crucial to make sound and objective trading decisions. By creating and following a good system, you can hone your trading executions to be as emotionless and automatic as a computer.
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clairedmaddox · 4 years
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How to Backtest in MT4 Strategy Tester: A Beginner’s Guide
The great part about MetaTrader 4 is that you can create automated trading strategies called Expert Advisors (EAs) and backtest them in the built-in Strategy Tester. If a strategy works well after thorough testing, the next step is to start testing it in a demo account to see if it works in real-time market conditions.
But using the Strategy Tester can be confusing when you use it for the first time. The first time I used it, I thought it was broken
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So in this video, I'll show you how to go from beginner to pro, when it comes to backtesting automated trading strategies in MetaTrader 4. Learn how to do a quick test, use the strategy optimizer and use visual mode. 
If you want to learn how to use the MT5 version of Strategy Tester, you can find that tutorial here. You can also learn more about MT4 by going through these tutorials.
The text version of the video is provided below the video.
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How to Setup the MT4 Strategy Tester
Before you do anything in Strategy Tester, make sure that the EA you want to test is installed. You can do this by going to: File > Open Data Folder.
From there, open this folder: MQL4 > Experts. Then drag your EA file into that folder.
You can also check to see if the EA is already installed.
Once your EA is installed, restart MT4.
Now that your EA is installed, open MT4 and click on the Strategy Tester button. This feature is NOT available in the mobile version of MT4. 
The Strategy Tester window will appear at the bottom of your screen. You are now ready to do your first test of your EA.
How to do Your First Backtest in the Strategy Tester
Here is an explanation of the settings: 
In the first box, select your EA from the dropdown list.
Symbol: Select the symbol that you want to backtest on.
Model: Use the default Every tick setting.
Use Date: Leave this box checked and select the From and To dates that you want to use for this test.
Visual mode: Leave this box unchecked for now. You can also ignore all of the settings immediately to the right of this box. They will be grayed out anyway.
Period: Select the timeframe chart that you want to test from the dropdown list.
Spread: Leave as Current.
Expert properties button: Click on this button to change the settings of the EA.
Symbol properties button: You won't have to use this button in this tutorial.
Open chart: Only click this button after a test has been completed.
Modify expert: This is only used to modify the source code of the indicator. You won't need this for your first test.
Optimization: Uncheck this box. We will get into optimization later in this post.
Once everything is setup, then click on the Start button.
Alright, this is where things may get confusing…
When you first start the test, the green bar will move from left to right. This first pass shows that the data is being loaded.
Then the green bar will reset and start moving from left to right again. This is when it's actually testing.
You won't see anything happening on the chart. MetaTrader 4 is testing in the background. 
This is the fastest way to backtest because it doesn't have to constantly update the chart. If you want to see the results in real-time, go to the Graph tab at the bottom of the screen. That will show you the results of every trade, as it happens.
You can also look on the Report tab to see the stats on your test.
The Results tab will show you all the trades that were taken.
Once the test is completed, you can click on the Open chart button and you will see of the trades that were taken.
This chart can help you understand if your trades are being executed as you expected.
When you double click on a trade in the Results tab, and you have the chart marked with your trades open above, the chart will jump to that trade.
That's the fastest way to backtest your EA.
Another way to backtest is to use visual mode…
How to Use Visual Mode in Strategy Tester
Visual mode will open a chart and show you the execution of every single trade.
In order to use visual mode, simply check the Visual mode box before you click the Start button on your test.
This is what you'll see on your chart.
Once the data loads, you'll see the chart and the price will start changing. In order to speed up the process, move the slider next to the visual mode box all the way to the right.
Even at “full speed” the chart will move pretty slowly. So you might wonder what the benefit is to using this mode.
The primary benefit is seeing how your strategy executes in almost real-time.
When you look a the code or to a standard backtest, it can be difficult to see where the EA is making mistakes or how your settings are affecting the results.
But sometimes when you see trades executing as price moves, the issues become very clear.
Therefore, this method of testing is not geared for speed, but it's a way to visually spot issues or optimizations.  
MT4 Strategy Tester Optimizer
Now that you have a good feel for how the Strategy Tester works, you can start optimizing some of your parameters.
It would be great if there was some sort of fancy AI powered optimization algorithm, but unfortunately there isn't.
Strategy Tester uses a very simple iterative process of trying different EA settings and showing you the results.
But that can be a good thing. When you use an AI, you don't quite know what it's doing in the background.
With the MT4 optimization process however, you know exactly what's happening and identifying the best settings is a straightforward process.
To use the optimizer, click the Optimization box before you start the test.
The way that MT4 optimizes your EA settings is by allowing you to set a starting, ending, and step up value for each of your EA settings. For example, here are the settings that are available for the EA that I'm using in this example.
For each setting, you can set the following:
Checkbox: The parameters that are checked are the ones that will be optimized.
Value: The value used for normal testing.
Start: The start value used for optimization. This value is not actually tested.
Step: The increments that are used in each of the tests. In this example the step is set to 10, so the value for this input will increase by 10 on each successive test.
Stop: This is the final value that will be tested during optimization.
Just to clarify how this works…
If you use a starting value of 10, a step value of 10 and stop value of 30, MetaTrader 4 will test 20 and 30 only. It will not test the starting value of 10.
Also keep in mind that the more inputs you test, the longer your optimization tests will take.
Therefore, it helps to start off by testing one input at a time and use larger step intervals. Once you get an idea of what works, you can start to fine tune the settings. 
After you get results that you like, be sure to do one last test with the normal Strategy Tester settings to make sure that all of your new settings work well together. 
Where to Get MT4 EAs
There are many places that you can get MT4 EAs.
You can start by taking a look at the MetaTrader EA repository. This will give you a good idea of what is out there.
However, you'll quickly see that there are a ton of EAs, but you don't know how most of them trade. If you don't know how they work, how will you know when they stop working?
Therefore, the best thing to do is to learn a trading strategy, test it, then create your own EA. 
Even if you don't know how to program in MT4, you can always find a programmer to create an EA for you.
I've used several programmers over the years and they were able to create exactly what I wanted.
To see the programmers I use, go here.
The Difference Between .MQ4 and .EX4 Files
You may notice that there are two different types of EA files. This section will explain the difference.
There are two different types of files because there is one file that humans can read and one file that that MetaTrader can read.
The file that human programmers can read (the .mq4 file) is not very efficient in terms of processing speed, so it's converted into a version that the computer can use efficiently (the .ex4 file).
These files are also known by the following names:
.ex4 = compiled, program or executable file
.mq4 = source code file
When you add a .mq4 file to MT4, it will automatically be converted to a .ex4 file, when you open MetaTrader 4. 
If you purchase an EA on the internet, it will usually come in .ex4 format. This is because the .ex4 file hides the developer's programming and doesn't allow others to copy the code and resell it.
However, if you create an EA yourself, or you work with a programmer to create an EA from scratch, the EA will be in .mq4 format.
One final note on these files…before working with a programmer, be sure that they will give you the .mq4 (source code) version. That shouldn't be a problem since you're paying them.
But double check before you start working with them.
To get help with finding a MetaTrader 4 programmer, I have created this guide and list of programmers.
…and no, you cannot use MT4 files with MT5, and vice versa. This is a common question.
A Final Word of Caution
Finding an EA that will make you money while you sleep is a sexy idea. But remember that there are no free lunches in trading.
You can still screw up an EA that has been profitable in backtesting.
Here are a couple of ways that you can do that.
First of all, you have to decide when to turn on your EA.
That may sound obvious, but when an EA hits a losing streak, it can be very tempting to turn it off to stop the bleeding.
…and when you turn it off is usually when it starts working again…or so it seems.
So remember that you have to understand the statistical characteristics of your EA, so you know when it is doing something that's out of the ordinary.
For example, if your backtesting shows that you should only have a maximum of 5 losses in a row, but your EA has currently lost 10 trades in a row, then it's probably time to turn it off and evaluate what's going on.
However, you certainly shouldn't turn it off after 6 losses in a row, no matter how mentally painful that is. Based on your stats, that's usually the time when it should start winning again.
Second, many new traders don't test their strategy enough and jump into live trading too quickly.
There are many variables that can affect the performance of an EA in live trading, so be sure to “stress test” them all before you risk real money. Test it with a wide spread, multiple pairs and use as much historical data as possible. Six months of data is not a valid test.
The more robust your testing, the more likely your EA will work in live trading.
Now get to work testing
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junker-town · 5 years
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There’s actually hope for the Bulls
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The Bulls changed their process this offseason. Now they can change the results.
The Bulls reached a level of rock bottom they didn’t even know existed last season. Months after general manager John Paxson declared his team would not tank for a second year in a row, Chicago found itself firing its head coach in early December on the way to one of the least successful and most humiliating campaigns in franchise history.
The Bulls lost games by 56 points, 39 points, and 37 points all before the middle of January. They set a franchise record for fewest home wins with nine. The offense finished last in the league in three-pointers and second-to-last in efficiency. The defense finished as the worst the organization has ever seen. Their bumbling season made national headlines when newly installed coach Jim Boylen, in just his third game on the bench, pulled all five starters for the final 21 minutes vs. the Celtics resulting in the second biggest blowout of the decade. Boylen said he did it so his team would be fresh for practice the next morning, despite being in the midst of a stretch of three games in four days. The players revolted. Even the New Yorker was roasting them.
Paxson could feel the heat. He described local radio interviews as “interrogations,” he confessed to knowing when fans were organizing for a “Fire GarPax” night, he even acknowledged his critics might get their wish if the team’s slide continued. While he refused to set a baseline for success at the onset of the year, it sure seemed like Paxson privately believed this club would be better. Instead, they were the laughing stock of the NBA.
The issues were both of talent and scheme. After the Bulls were beat by 20 points against the lowly Atlanta Hawks in late January, Zach LaVine voiced his frustrations about the team’s style of play.
“Atlanta, bottom-five team just like us, we shouldn’t get blown out by them at all,” he said. “They were out there moving the ball, playing well with pace and that’s what we should be looking like and we have to get to that.”
The season ended with 22 wins. The only time they had ever won fewer games was during the four-year stretch immediately following the end of their ‘90s dynasty. The common thread is that in both instances the franchise had never felt further away from its seventh championship.
A hopeless situation looked even more dire when the Bulls fell all the way to No. 7 in the draft lottery, the third straight year they’d be picking there. With locally-born stars publicly shunning them and the front office saying no quick fixes were on the way, it felt like Chicago was ready to settle down at the bottom of the league.
It didn’t happen. Just a few short months later, the Bulls begin a new season as a trendy pick to make the playoffs. The roster has been overhauled and so has the coaching staff. Some are even picking Boylen for Coach of the Year. The same front office that fans so passionately wanted to be fired is now beating the market on free agents that should provide surplus win value.
The Bulls have climbed out of rock bottom, and might even be in the early stages of ascent. It’s all so foreign for long-time detractors of the front office that it’s hard to say with any confidence where it can go from here.
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Photo by Randy Belice/NBAE via Getty Images
The Bulls had to change the process before they could change the results. The earliest sign it might be happening came when the team traded for Otto Porter Jr. in February. It was the first time Paxson had made a trade to outwardly improve the talent on the team since acquiring John Salmons and Brad Miller in 2009 ahead of an epic first round playoff series vs. Boston.
Chicago sent out Jabari Parker and Bobby Portis in the exchange, two shoot-first players who represented all of the organization’s worst impulses. Porter may have had a bloated contract, but he also had a history of being an analytics darling, twice finishing top-25 in the league in RPM. He provided stability at the Bulls’ biggest hole on the wing and gave them a much needed infusion of defense and shooting. The Bulls won six of the first eight games he played in.
The Bulls’ new worldview really took hold in free agency. Armed with more than $20 million in cap space and no delusions they’d be able to add a top-line star, Chicago instead targeted veterans who played both ends of the floor on short contracts that maintained cap space for a monster free agency class in 2021. It was a remarkable change of departure of their dubious recent history of wasting their money on empty calorie scorers meant to sell tickets rather than win games.
Thad Young was the first signing. The 31-year-old arrived with a reputation as one of the league’s best glue guys. Young was among the top forwards in steal rate and deflections. He had a history of making an impact on the offensive glass. He was also durable, missing only one game each of the last two seasons. He might not have been a go-to scorer, but he was the perfect complement for Chicago’s two young big men in Lauri Markkanen and Wendell Carter Jr.
Tomas Satoransky was next. The 6’6 point guard rarely got a major opportunity with John Wall in front of him in Washington, but upon becoming the starter he upped the team’s pace, improved their three-point shooting, and showed a measure of restraint and efficiency that Chicago badly needed. He was signed to a three-year, $30 million deal Washington declined to match. The Bulls had fleeced the Wizards again, just as they had done in the Porter trade.
Luke Kornet was the final piece. Though he spent most of last season buried deep on the Knicks bench, he proved himself to be a competent 7’2 stretch center in limited minutes, going off for more than 20 points in three different games. Only two players took over 65 percent of their field goals from three-point range and had a block rate of better than four percent last year: Kornet and Brook Lopez. He also finished as a top-100 player in RPM. The Bulls signed him for just $4.5 million over two years.
What was so jarring about Chicago’s free agency class was how out of character it seemed. A year earlier, the Bulls bid against no one but themselves for Parker at $20 million annually with designs of starting him at small forward. It was a plan bound to fail from the very start, even before he drew headlines for saying players don’t get paid for defense (in his case, he was right). His signing was so reminiscent of the Bulls’ decision to give Dwyane Wade, another Chicago native, a massive deal only two years earlier. In both cases, the Bulls were ridiculed the moment they gave out the contracts. This wasn’t second guessing from critics, it was first guessing.
For once, it appeared the Bulls had learned something from their mistakes. When it was over, it felt like the number of winning players on the roster had been doubled.
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Photo by Joe Robbins/Getty Images
The Bulls didn’t just need better talent — they needed a better approach, too. It started to come to fruition when Chicago overhauled Boylen’s coaching staff, adding Nets assistant Chris Fleming and Rockets assistant Roy Rogers to the bench.
There has been a clear emphasis on improving where shots are coming from on the floor. A year ago, the Bulls finished with the fifth highest mid-range jumper frequency, per Cleaning the Glass, No. 20 in pace and No. 27 in three-point attempts per game. This year’s preseason represented a drastic change: the Bulls averaged 39.4 three-point attempts per game. They took more than 39 threes in a game once last season. The pace also noticeably shot up, as did the percentage of assisted field goals.
Instead of praying for internal improvement out of their young foundational pieces, the Bulls actually took the steps to put them in a position to succeed both schematically and personnel-wise this season.
LaVine had the best season of his career last year, but still found himself at the crossroads of a debate on production vs. impact. His defensive shortcomings should be minimized this season with better defenders like Porter and Young around him all year. His offense is going to take a big step up too if he continues his preseason focus of upping his three-point rate. As the Bulls finally get out in transition more this year, LaVine’s combination of speed and shooting becomes even more deadly. He should be an All-Star.
Markkanen and Carter remain a work in progress in the front court. The first step is staying healthy after both missed significant time last year. If they stay on the court, Chicago has a 7-foot sniper in Markkanen who should open driving lanes for others while developing his primary scoring potential. Markkanen is not the type of player who creates offense out of thin air — 68 percent of his fields were assisted last season — but he should be benefited by the Bulls’ putting an added emphasis on swinging the ball. Carter is a tremendous defensive prospect who was horribly misused on offense last year. Expect fewer post-ups and more chances to showcase his ability as a passer and shooter this season.
Rookie guard Coby White is even looking ahead of schedule. He finished as the preseason’s eighth leading scorer after catching fire from three-point range in Chicago’s finale. His speed is going to be an immediate difference-maker, but he’ll need to continue shooting well from deep to make an impact early in his career.
The Bulls changed their approach in one other notable way this season: they actually put expectations on themselves. Paxson said the goal for the team is to make the playoffs at media day. It would likely require at least an 18-win improvement. Last year, the Magic had the biggest single-season turnaround with a 17-win improvement, followed by the Bucks at 16.
Getting the No. 8 seed in the B-league conference is perhaps the least noble goal in the NBA, but it would note remarkable improvement for the Bulls. No one gets a Grant Park parade for being the last playoff seed in the East, but a run at it would temporarily pacify the fans as frustration with the front office was reaching a boiling point.
The Bulls still have so much room to grow. Gunning for the No. 8 seed will only feel good for so long. Going from terrible to maybe competent is one thing. Going from maybe competent to actually good is another. It’s on Paxson and long-time colleague Gar Forman to finally land a star in free agency two years from now. If nothing else, they learned a value lesson this offseason in what happens to perception when smart moves are made that add winning talent to the roster.
The Bulls appear to have done the impossible this season by drastically overhauling their process while keeping the same decision makers on staff. Will Chicago keep making sharp moves going forward or again find themselves giving into the tendencies that led to widespread criticism?
The Bulls are going to be fun this season. They might even be crash the playoff picture. Whether this is the first step in a climb up the NBA hierarchy or ultimately another stalled reboot is contingent on the Bulls proving they’ve changed for the better, forever.
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sidrisa-blog · 7 years
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Power and Magic
Read it here on AO3
Pairings: Loki x Reader and the lightest Sif X Thor
Chapter: 13/104 Magic
Warnings: the usual: sex, death, and violence with light smatterings of misogynoir
Summary: The princes come with their exalted Father arriving amidst a hail of pomp and pageantry all parties would rather forgo. This is war, where men die, their blood purchasing land and peace until it's time for more men and more blood. But your mother adheres to the old rules of hearth and hospitality. The Lords of Asgard must be given their due despite the grim business precipitating their arrival. It is too bad they don't deserve it. There is nothing to recommend him, Loki, Prince of Asgard. He is rude and cold and childish. You try to find some merit in him. You find none. Exactly none. But maybe, after trial and tribulation,
You will.
That pain in your heart dulls when you later see Se’risa dressed in trousers and a tunic, her servant’s smock folded neatly on your bed.
“Mistress Aleene says I don't have to work for her anymore and that Queen Frigga granted me permission to go to school with the noble kids.”
She's unhappy, obvious in the way her bottom lip pouts. She fights her tears and loses when you nod, hiding your bare wrist from her behind your back.
“Princess! Please don't get in trouble for me!”
Your heart breaks when she bows, hand over her heart mimicking what you did for Loki. She’s too young for such things, you think, swearing loyalty or fealty. “Please! Don't trouble yourself for me. I'm just a dirty servant!”
“Oh ‘Risa please don't do that.”
If you had the strength you would have lifted her from the floor into your arms, but after a day’s worth of business and errands you can barely keep upright.
Still, you try. Kneeling and putting her back on her feet so the two of you are face to face.
“You aren't a servant anymore, you hear me? You’re not a servant. You’re a princess just like me.”
“I am not! You are the princess and princesses shouldn’t waste their time or their…”
Se’risa squirms in your embrace to pull at your arm. She holds it between you, staring at your naked wrist like a murder weapon, eyes welling with tears. “Princesses shouldn’t waste their precious things on dirty servants!”
You laugh, it’s your first reaction. Nothing’s funny, you’re just amused she found out so quickly. Or Aleene purposefully told the girl to inflict unnecessary damage. But Se’risa’s face breaks when you laugh, possibly mistaking it as directed at her. Damage control.
“That’s what you’re worried about? A silly bracelet? Do you know how many of these I have?”
One. Only one.
“One for every day of the week. Two for holidays. Three for feast days.”
Se’Risa sniffs. “You’re lying.”
You are, Loki thinks, secreted behind the semi-closed door to your room. And a poor one at that.
He came here after his meeting with his mother. He hadn’t settled on what exactly his intentions were, unable to choose between kissing or annoying you senseless, both scratching the same (well not exactly the same) primal itch in his brain.
He hesitates when he hears the child's blubbering, stopping long enough to go from hesitation to eavesdropping.
He's seen the sum total of the jewels you escaped with. You’re no where close to having something different for every day of the week. And aside from your crown, that bracelet was your finest piece.
“No it's true.” You're too deep in this hole so you keep digging, hoping to find another escape. “One for every day. So it's nothing, especially when compared to you. I have so many bracelets, they mean nothing, and I have only one you, so you mean everything.”
You dab her eyes with your sleeve. “Chin up. Princesses don't stare at the floor, okay?”
Se’risa perks instantly, beads clinking softly with the movement.
“Before I go to lessons tomorrow will you help me with my hair? And I can pick out your bracelet for the day?”
Your heart drops, she just won’t let it go. So you double down, hoping the hole you’re digging won’t cave in on top of you. “Of course.”
Shit.
You don't hear Loki’s soft chuckle from outside your door, nor hear him tell a servant to bring you to his chambers in hour. You're still focused on what tale you're going to tell this girl in the morning, torn between admitting the truth and faking illness as an excuse to avoid getting dressed for the day. Before you have the chance to decide, Loki’s servant knocks.
“My Lady, Lord Loki requests your presence.”
Se’risa makes a face. “I don't like him. He says mean things.”
“He does, but they don't hurt when he says them.”
“Is it because you like him?”
You clear your throat hoping to avoid answering but the girl did witness you kissing him so…
“No, it's because when he says them he doesn't make the words hurt. If he ever does, trust me I'll let him know.”
“But you do like him?”
“Admittedly…”
“Why?”
Oh Hel. You don't even know exactly why, how are you going to explain that to a child?
“I'll tell you when I return.”
Se’risa sneers, makes a disgusted noise in the back of her throat. “Fine.”
**
If your room is palatial by your admittedly narrow standards, then Loki’s rooms span the length and breadth of the world. You could quarter your Cavalry here with their horses and half the palace guard alongside.
“This way.”
The servant leads you down corridors of marble and stone into a sitting room set with dinner for two.
A small round table, lit with crystal candelabras. The plates are gold, covered with domes to keep the food under them warm. A decanter of wine sits ready to pour, two cut crystal glasses ready to receive.
The silverware is actual silver, not that you could tell but it's a damn good contextual guess. You count the knives again wondering why there's a need for more than one before you…
Your hand strikes without thinking.
Your father's dagger! He must have left it out in a moments inattentiveness and forgotten it. You snatch for it, ready to claim victory but your hand slides right through it.
“Shame on you. I'm not sure if I'm amused at your gullibility or offended that you think I'm that stupid.”
He appears in smoke as the dagger disappears into it. His magic smells like the threat of rain on a summer night, when lighting strikes but no water falls. Thor is the Thunder Prince, he sounds the noise that makes the Heavens shake. But Loki is the flash that comes just before, the one you don’t expect, the one that strikes you dead before you even hear thunder’s boom.
You're reminded, you really never forgot, how frightening he could be. But you've never been afraid of him. And you aren't now. He is deadly fearsome but has never once made you feel afraid.
He's dressed well. Black and green sleeveless tunic, long enough to touch the floor draped over a linen shirt with simple black trousers.
You look extremely pathetic by comparison. Leather trousers and a modest linen shirt. You’re dressed for riding not a dinner with a prince.
“Had I known you were inviting me to dinner, I would have dressed better.”
“Next time then, Princess.”
“Next time how about you ask first?”
You’re quick. He loves it. You don’t have to think, you respond. You two trade wit seamlessly.
“Ahh, shall I present myself to your guardian and beg her permission?” He clasps his hands in mock supplication. “Please will you let your mistress come out and play?”
“She'd only tell you no.”
“So the foal doesn't like me hmm?”
“It's precisely because you call her that, that she doesn't. You know her name”
“I prefer yours, Princess.”
He wins this round, but only because you let him, desiring to let the sound of your name like that sink into your ears, uninterrupted by your witty retort.
“Well I’m here, my Lord.”
He escorts you to your table for two, pulls out your chair, pours your wine.
“I half expected this plate to be full of hay you know,” It’s not. It’s some delicious roast boar.
“If this is not to your liking I’m sure we can find you sweetgrass in the stables.”
He’s surprised when your eyes light up, wide and wonder-filled. “You’re people don’t really eat--?”
“No! Half-wit. The stables. Walking is overrated anyway. Put me on a horse and I’ll be just fine. Four pairs of legs are better than two.”
“You aren’t strong enough for it.”
It’s not a question, he knows. He can tell by looking at you.
“I know. But, I will be.”
After dinner, he leads you from the sitting room, past overstuffed chairs and overstuffed bookshelves and into his inner chambers. There’s an armor stand against a far wall, a great gold and horned helm sitting atop it. Staves and scepters lean against the walls. Weapons of very type and shape lay strewn about the floor. He’s carved a very narrow empty space, pushed back the creeping horde of his things to make space enough to navigate through.
His trinkets are fascinating, he’s like a magpie, travelling out among the lands and bringing back the best treasures of the realm.
This is Loki’s heart, you realize. This place. You’re here in his heart and it beats with all the magic in room.
Something snags at you, a burr or thistle pulling at your consciousness. Why are you here?
You ignore the feeling, choosing to run your fingers over his collection of ceremonial knives.
In the middle of the display, your dagger sits in a place of honor. You purposefully ignore it, shooting at your host a glare that makes him laugh.
“That one is actually yours, go on, take it.”
You cluck your tongue. “Fool me once.”
He isn’t lying. That one is the genuine article. He reaches around you, bringing him close enough to kiss and picks up the knife with his hand, it doesn’t pass through him.
You grumble a string of curses in your tongue and the common one, so foul even Loki’s scandalized.
But he laughs, it's light, birdlike. It doesn’t rumble the belly or throb in your blood the way your father’s laughs did. His sits high, on unreachable branches, ready to fly away if disturbed. He doesn’t truly laugh often, so when he does, it doesn’t linger, like snatches of birdsong. There is no ice in him when he laughs unguardedly.
Just magic.
You’re quiet for a long time as you explore his things. You ask him questions and he answers. Where this came from, what does that do. As he answers your questions, he tries to figure the answer to his own. Why did he bring you here? There’s the superficial answer, better put, the lie for why you’re here. But the question remains.
And you ask it.
“Why did you bring me here? Really?”
You turn to him, you want to touch him but you don’t, unsure if you’ve earned that privilege yet. “Dinner was lovely and this place is, it’s magic. And as wonderful as all this is, I don’t think you brought me here to show me your toys.”
He didn’t.
“Close your eyes.”
That wasn’t the answer you were looking for.
“What do you want from me?” You persist.
“For you to close your eyes, horse girl.”
“Loki. Tell me.”
“Princess, trust me.”
He hasn’t given you a reason to. He doesn’t expect you to. But you take a deep breath and close your eyes anyway, gifting it to him, making him question everything all over again.
She deserves better.His mother echoes in his head.
The spell is quick, over and done in a few heartbeats.
“Open.”
There is a collection of jewelry in front of you. Bracelets. Several velvet cushions full. One for every birthstone. One for every precious gem.
“What? What are these.”
He takes your hand, the one missing the braided loop and guides it to the piece in the top most, farthest left corner. “This is for Firstday.” He moves it over to the right. “And Secondday.” He moves you again. “And Thirdday.” Down the line marking the days of the week. In the second row there’s two bracelets piled on top of each other. A row below that, there are three.
“You heard me.” You gasp.
“I did. ‘One for every day.’ And so forth and so on.”
You draw your hand away from his, pull it back like he burns you. “I can’t take these.” You’re answer is quick and finite. Immutable. You will not take any of these with you. You stutter and amend yourself, trying to salvage your manners. “I mean, thank you. Thank you. This is...I’m in your debt again assuredly but I can’t.”
“Why?” No accusation or hurt in his question. It is just a question.
“This is too rich a gift Loki. I can’t take it.”
You’ll be in his debt, you’re already in his debt. This is too much kindness, and too much kindness is never offered freely.
“These kinds of things, you should give them to…”
You are the Princess of a small kingdom. Your wealth and prestige can't match that of Asgard but being royalty and a woman besides, certain universal truths will out.
Nothing is given to a Princess for free. There's always a motive, something to gain.
Back home, men and women vied for your affection. They wanted the throne next to yours or your favor which would assure them rich rewards. True friends were rare beyond the obligation of Captain and soldier. Fa’Rey--before her dagger proved you wrong--was the only one of them you really trusted.
You left no lovers behind, you're pretty sure you don't even know what that kind of love feels like. So why all this?
“You should give them to someone special. Someone who means something to you. Not me.”
One kiss ago, Loki was a stranger. He saved your life twice over, he restored Se’risa to you. He was an infuriating bastard who you couldn't stop thinking about. But he was still a stranger.
One kiss later, he still is. And you still can't stop thinking about him.
But he's still a stranger.
“You’re a stranger Loki, I don’t know anything about you and you don’t know anything about me. All I know is...that kiss was really good and I’d like more. That’s all I know. And I have no idea what’s going on in your head, if you even feel...What do you want from me, Loki?”
Everything. He wants you, to kiss you again like he did yesterday, but he’s greedy. He wants more. Loki is selfish and gluttonous, he’s had a taste and now he wants you whole. He could ask, or offer, or imply his wishes, leave his door open for you to walk through at any time and for you, his door would always be open.
But with the way you look at him, the way you trust him so earnestly, he knows it would never just stop at his bed. He’s greedy, he knows the depths of his faults. He wouldn’t stop until he’s got your heart in his jaws. And you can’t know that, you can never know that.
“She deserves better.”
“You misunderstand me, none of this is for you.”
Your heart drops, makes a new home around your ankles. “Oh.” You try to put it back in place, salvage some of your pride. “Then why?”
“You’re a poor liar. The worst in fact.”
“I don’t under--”
He interrupts you. “So here’s a bracelet. One for every day of the week. Two for holidays. Three for feast days, so you don’t have to lie to the poor little filly anymore and my reputation remains intact.”
He’s satisfied when the smile returns to your face, he’s held off the truth for a little while yet. He’ll tow the line for now as best he can, keep the beast at bay.
Your heart lifts, somewhere in the clouds now. “Why didn’t you say so.”
He forgets himself, his turmoil, the moment your lips are on his again. He simply forgets.
There’s no doubt this time as to who kisses whom. You wrap your arms around his neck, close your eyes, and it’s magic again. Magic that sparks between you like lightning. You smell rain and leather, you hear thunder in the low groan that rumbles either in his chest or yours, you can’t tell anymore.
Yes! This is what he’s craved all day. This. Just like this. You close and soft and yielding in his arms. Not too much, he warns himself. Savor this, make it last as long as you can. Maybe it will be different this time. Maybe you’ll be different this time.
He keeps you close when you part, won’t let you get too far away so that he can’t kiss you again.
“You saved my ass again.”
“And what would you have done princess, had I not?”
“I considered faking sick.”
“Keep your boasts more modest next time, or you will drain my treasury.”
You laugh and kiss the corner of his mouth.
“Why didn’t you just get me my bracelet back?”
You watch him select one, thick gold leaves studded with smaller emeralds. You give him your wrist and he slides it on, fitting as though made for you.
“It’d be easy to return your bracelet to you. So I didn’t. Besides, I suspect your pride is so damned prickly you'd figure out a way to pay Aleene with another one of your jewels and I’ve got better things to do than retrieve family treasures from petty creatures like her. This is will do.”
“Yes, it will.” You echo, and you aren’t talking about the jewelry.
WHY DID WRITE THIS GARBAGE??? (That I love so freaking much it defies belief) 
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jlfmi · 7 years
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Personal Recollections of the Crash of 1987
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The following guest post is a first-hand account of the events surrounding the Crash of 1987 by JLFMI President, John S. Lyons.
Personal Recollections of the Crash of 1987 on its 30th Anniversary
"There was no 'smart money' that day."
What do the assassination of President John F Kennedy, the beginning of Desert Storm and 9/11 have in common? Provided you are old enough to recall JFK’s assassination, the answer probably is that you remember exactly where you were on the day of those events. If not that old, there is most likely another event that is so memorable that you recall where you were and what you were doing at that moment.
Being in the securities business for many, many years, the Crash of ’87 on October 19th of that year is right up there with JFK’s assassination and 9/11 as one of the mind-numbing catastrophes I’ve witnessed. In retrospect only, it was fortunate that I had entered the brokerage business in 1969 and immediately weathered a 36% market decline into 1970. On the heels of that decline, I then endured one of the worst bear markets in modern history in 1973-74 when the Dow Jones Industrial Average lost almost 50% of its value. As a result, I was weaned on risk in my new profession. And I learned early on that if a career that centered around the stock market were to be endurable, I had to find a way to practice risk management.
As a result, I developed a risk model during the 1970's as a means of guarding against such disastrous losses in the future. Fortunately, the model has been of very valuable assistance, protecting clients from every major decline since its inception in 1978. Its Sell Signals have occurred prior to insignificant declines as well, but its risk avoidance guidance supersedes those times. On September 25th of 1987, for example, our model issued a Sell Signal and I sold over half of my clients’ holdings. I was reminded just recently by an associate of mine at that time about how he passed by my office that day and was amazed at the pile of sell orders on my desk.
The Friday prior to the October 19th crash ended with the first triple digit decline in the history of the Dow Jones Industrial Average. In total, the market lost just over 10% that week. The apprehension of professionals in the business was palpable to say the least as we entered the weekend and yet there was no seemingly immediate cause for a significant decline. I have learned that such unexplained declines are the most insidious. On Saturday night, at dinner with friends at a restaurant in Chicago, I could not eat my food!
On Monday morning, the market opened and headed south immediately. There were no buyers – just panic. Program trading, a technique supposedly providing insurance for portfolios in which computers entered sell orders at certain predetermined levels below the market, simply propelled the decline. Markets were in complete disarray. There were no bids. No one to fill the mountain of orders that were coming from all over the world. Traders left the pits crying as the carnage grew. It seemed like the end of the world - their world at least. And there was nothing stock brokers could do except watch in horror. Paradoxically, on the way home that night, the outside world was acting like nothing happened. That was no comfort.
The DJIA closed down 508 points or 22.6% that Monday, October 19th. To provide some perspective, that decline today would be the equivalent of a 5,176 point loss. The Nasdaq would have fared worse were it not for the fact that it completely failed and effectively shut down. Bid prices were often higher than asked prices. When asked what smart money was doing that day, one leading money manager admitted that "there was no smart money".
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Though most of the eventual decline was over by the close on Tuesday, the gut wrenching market action continued for the rest of the week. And its wreckage would last for weeks and months. First Options, the company charged with settling trades on the Chicago Board Options Exchange couldn’t function for weeks and had to be bailed out by its parent, the Continental Bank. Significant corporate mergers that were almost completed were canceled or at least became questionable. My only major problem during the crash – and it was a big one - was that I was selling puts on some merger candidates that were all but assured prior to the crash.
For example, I had sold hundreds of puts at a quarter of a point with a strike price of 40 on a company that was trading at the 52-53 level. All the company’s stock had to do was to close over 40/share and the puts would be worthless and the trade profitable. Instead, the stock dropped to about 37 which made the intrinsic value of the put 3. Unbelievably, they were bid at 18 for more than a week despite having negligible trading in them. Unbelievably as well, I was issued no margin calls on the positions for over two weeks due to First Options being in chaos. Unfortunately I eventually had to take sizable losses in them. In some other cases that I knew about, no margin calls were ever issued for some substantial unsecured debits. I recall one investor who had a deficit in his account of almost $250,000 and was never called to cover that amount!
When I say chaos, I mean chaos. Will it happen again? Although it is always claimed that we learn by our previous mistakes and take the appropriate steps to avoid the same problems in the future, history doesn’t bear that out. So called “reforms”, as well as proclamations such as that by Yale’s first Ph. D in economics, Irving Fisher, nine days before the stock market crash of 1929 that stock prices "reached what looks like a permanently high plateau”, are made with ultimately untimely confidence throughout history. Portfolio insurance during the ’87 crash was anything but insurance. Although it was embraced as risk management, it turned out to be risk fertilizer. Society in general always thinks that we have hit that new plateau in managing ourselves but unfortunately that is often quite the opposite. To me, the message is that we never should abandon employing some measure of risk management in investing and probably in most of our activities. So how is that accomplished?
Human Nature, The Stick in the Spokes of Risk Management One of the phenomena that increasingly seems axiomatic is that human nature is the enemy of such risk management. The longer that one has gone without the need for caution, the more it is thought not to be needed when, in actuality, the more it is needed. This is due to a condition called perceptual recency, which simply stated means that one’s expectations of the future are the result of what one has experienced and is in their active memory. We are not good at anticipating junctures of change. That is understandable.
The following two charts show that we humans indeed clearly react to what has occurred in our memorable past. The higher we go and the longer we go higher, the more confidence we have that we will continue to go higher -- and the less we feel the need for risk management. That eventually, and I repeat eventually, is injurious to one’s investing health. Note how the level of both household stock investment and consumer confidence continue to grow the higher the market goes.
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So, as asked, how do we guard against the human natural tendency to dismiss the need for risk protection the higher the market goes -- and to become more bearish, the lower it goes? Frankly the answer probably is that most investors, i.e., humans, cannot. I have spent a career practicing human nature avoidance in my job. Now I will admit that there will be times when the market does not need risk protection and there will be other times when there appears to be substantial risk afoot as quantified by our 40-year-old risk model but the market chooses to ignore it and continue to move higher. However, like wearing a seat belt, you cannot possibly choose to employ caution only shortly before an accident.
As stated above, declines that are the most hurtful typically begin with no seeming warning or at least before any provocation is identified. For example, on July 30, 1990, our model issued a Sell Signal and we sold 100% of our clients’ holdings. On August 2, Saddam Hussein marched into Kuwait and Operation Desert Shield began -- as well as a substantial decline in the stock market. Similarly, the completion of selling 100% of our clients’ holdings on account of a Sell Signal on September 4, 2001 was obviously done without any known external provocation. The lesson regarding employment of risk management is that, no, you will not know when to sell by just “having that feeling” or even more remotely, by getting tipped off by the news in the morning paper. That said, many investors do believe that they will know when to protect their holdings.
Now of course, there will be legions of market experts, many with an investment product to sell, who will say it is foolishness to even try to “time the market” as they put it. I will admit it is difficult to find a good practitioner of avoiding risk. However, one must try. Failing to avoid a substantial market decline is a double whammy. It is well quantified that losing money has twice the negative emotional impact vs. the pleasing emotional impact derived from making money. That emotional jolt on the downside is what contributes to selling at the bottom (one whammy) and makes you divorce Wall Street until it is well into its next bull phase (a 2nd whammy).
So what was learned from the Crash of ’87? Not much in my opinion. For starters, the laws of human nature have yet to be repealed. Additionally, high frequency trading is today’s version of program trading. Only now, instead of transmitting an order through a stock broker, who sends it to a floor broker, who give it to a trader, who takes it to a specialist at the post where the stock in question is trading, high frequency computer generated orders are automatically entered at the behest of complex algorithms and are executed and reported back in milliseconds. Witness the May of 2010 “flash crash” where the market lost about 1000 points and then mostly recovered all within 15 minutes.
In summary, risk cannot be removed from the stock market. The Crash of ’87 affected everyone. Crashes will occur again. Wear a seat belt!
- John S. Lyons is President and Founder of J. Lyons Fund Management, Inc.
If you’re interested in the “all-access” version of our charts and research, we invite you to check out our new site, The Lyons Share. TLS is currently running a 30th anniversary 1987 Crash Commemoration SALE, offering a discount of 22.6%, or the equivalent of the Dow’s 1-day drop 30 years ago. The SALE ends October 22 so considering the discounted cost and a potentially treacherous market climate, there has never been a better time to reap the benefits of our risk-managed approach. Thanks for reading!
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Disclaimer: JLFMI’s actual investment decisions are based on our proprietary models. The conclusions based on the study in this letter may or may not be consistent with JLFMI’s actual investment posture at any given time. Additionally, the commentary provided here is for informational purposes only and should not be taken as a recommendation to invest in any specific securities or according to any specific methodologies. Proper due diligence should be performed before investing in any investment vehicle. There is a risk of loss involved in all investments.
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