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Once a Crook Always a Crook

Posted 12-21-2008 at 04:36 PM by Cableboy
It seems to be the season for unearthing crooks. Not the normal crooks, but the economic crooks. Those that have by fraud, deception or corruption have cheated themselves to wealth at the expense of those who trusted them.

In Denmark, we have an interesting case of a certain Stein Bagger. He was the CEO of a company called IT Factory, which everyone considered to be a real star performer. Mr. Bagger absconded a few weeks ago in Dubai, leaving his business partners in a mess with losses...
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Outrageous Claims and Sterling battles

Posted 12-19-2008 at 09:09 AM by Cableboy
Do you watch CNBC? I find it useful to get some background to the markets. Yesterday they had a markets strategist from Saxo Bank on to give some views about the market. Now, given that this year has been one with some pretty amazing events, which would have been called outrageous prophecies if they had been made in 2007, he has come out with claims for 2009, which also sound dramatically outrageous.

The first one is that China will have a growth rate of 0%. OK, in a western country...
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Welcome to the Blog!

Posted 12-18-2008 at 06:13 PM by Cableboy
OK, so I have been a casual reader of blogs for a time now, but after attending a webinar about blogs, at long last I have caught up with what is going on. Blogs are important and blogs are the future of the Internet.

This blog is about TraderMetrics, the Virtual Forex market and the forex market in general.

If you don't know, TraderMetrics is a piece of software that replicates the foreign exchange (forex) market. It was originally developed to help me teach young dealers...
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