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Something Interesting in Financial Video October 2013

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Sergey Golubev
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Sergey Golubev 2013.09.30 11:16 

Trading and training video (from youtube for example) about forex and financial market in general.

Please upload forex video you consider as interesting one. No direct advertising and no offtopic please.

Any the comments without video will be deleted.
Sergey Golubev
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55363
Sergey Golubev 2013.09.30 11:19  

Interview With Richard Duncan, Author of The New Depression

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Richard Duncan's web site: http://www.richardduncaneconomics.com

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Richard Duncan is author of the following book :

The New Depression: The Breakdown of the Pap

Why the global recession is in danger of becoming another Great Depression, and how we can stop it

When the United States stopped backing dollars with gold in 1968, the nature of money changed. All previous constraints on money and credit creation were removed and a new economic paradigm took shape. Economic growth ceased to be driven by capital accumulation and investment as it had been since before the Industrial Revolution. Instead, credit creation and consumption began to drive the economic dynamic. In The New Depression: The Breakdown of the Paper Money Economy, Richard Duncan introduces an analytical framework, The Quantity Theory of Credit, that explains all aspects of the calamity now unfolding: its causes, the rationale for the government's policy response to the crisis, what is likely to happen next, and how those developments will affect asset prices and investment portfolios.

In his previous book, The Dollar Crisis (2003), Duncan explained why a severe global economic crisis was inevitable given the flaws in the post-Bretton Woods international monetary system, and now he's back to explain what's next. The economic system that emerged following the abandonment of sound money requires credit growth to survive. Yet the private sector can bear no additional debt and the government's creditworthiness is deteriorating rapidly. Should total credit begin to contract significantly, this New Depression will become a New Great Depression, with disastrous economic and geopolitical consequences. That outcome is not inevitable, and this book describes what must be done to prevent it.

  • Presents a fascinating look inside the financial crisis and how the New Depression is poised to become a New Great Depression
  • Introduces a new theoretical construct, The Quantity Theory of Credit, that is the key to understanding not only the developments that led to the crisis, but also to understanding how events will play out in the years ahead
  • Offers unique insights from the man who predicted the global economic breakdown

Alarming but essential reading, The New Depression explains why the global economy is teetering on the brink of falling into a deep and protracted depression, and how we can restore stability.



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Here's a summary of the points discussed:

1. The book starts with a discussion of fractional reserve banking, observing the connection between debt and money and how debt and inflation go together.

2. Richard views the current monetary system as flawed and in trouble, but does not view a return to a gold standard of any kind as possible. Rather, he thinks the best hope is for governments to attempt to borrow at very low rates and invest not in consumption but in growth -- invest in projects that will offer a high economic return. He cites investing in a new energy grid as an example.

3. Richard does not view China dumping US Treasuries, or the world decoupling from the dollar as a viable threat. This seems to be part of why he believes there are a few more years left where low interest rates are achievable.

4. In terms of investments, Richard favors real estate that can be turned into rental income. He finds public stocks to be a bit too close to the derivatives crisis, and does not think gold is immune to a severe decline if growth cannot be obtained.





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Sergey Golubev
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Sergey Golubev 2013.10.01 15:39  
136. Choosing a Forex Broker: Evaluating Customer Service

Learn how to evaluate the customer service offered by various fx (aka foreign exchange) brokers on the web.



Sergey Golubev
Moderator
55363
Sergey Golubev 2013.10.01 15:41  
139. How to Develop a Trading System Part 1 - The Inspiration Moment

The first video in our series on working with an automated trading system/strategy.



Sergey Golubev
Moderator
55363
Sergey Golubev 2013.10.01 16:04  

Money Management and ATR explained

Risk & Money Management are very important, if not the most important issues that must always be addressed by anyone seriously considering trading the Markets. They cater for the preservation of both your Initial & Accumulated Trading Capital. You may already have a great system or set of rules to determine what to buy but if your method of Money Management is clumsy, you will lose money, unnecessarily! Once buying that share your role is no longer as a Trader or investor but a Risk Manager. At some point in time your trading system will meet a draw down period (losing streak) and if you don't know what to do, you will lose your feeling of control and try to desperately trade your way out of this crisis. Many people feel despondent and abandon a perfectly good trading system, or give up trading altogether with large profits still to be made.



Sergey Golubev
Moderator
55363
Sergey Golubev 2013.10.02 07:17  
140. How to Develop a Trading System Part 2 - Creating Exit Rules

In this video, we discuss how to create exit rules fo an automated trading system.



Sergey Golubev
Moderator
55363
Sergey Golubev 2013.10.02 15:31  
141. How to Develop a Trading System Part III - Backtesting

In this video, we'll look at how to properly backtest your trading strategy to test its viability.



Sergey Golubev
Moderator
55363
Sergey Golubev 2013.10.03 10:31  
142. An Introduction to Stock Trading

The first video in the course on stocks takes a look at what stocks are and what their purpose is in an economy.


Sergey Golubev
Moderator
55363
Sergey Golubev 2013.10.04 15:15  
143. The Features of a Stock Exchange

The second lesson in our free video stock trading course which covers the features of a stock market that stock traders need to understand.



Sergey Golubev
Moderator
55363
Sergey Golubev 2013.10.04 15:41  

The Ichimoku KISS Concept

Here is a video explaining how to trade with a simple concept using the Ichimoku system. I have removed the Tenkan and the Chikou Span and trade with the Kijun and the Kumo. Before deciding whether or not to participate in the Forex market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose.


Sergey Golubev
Moderator
55363
Sergey Golubev 2013.10.05 18:11  
Trading Kumo Breakouts with the ADX

In this video I will show you how to use the (ADX) Average Daily Index and the Currency Strength Index to trade breakouts of important levels such as Kumo breaks, Fractal breaks and support and resistance.



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