Driving in the Wrong Direction: The Sordid Details and Lasting Consequences of the Bush/Obama Auto Industry Intervention www.cato.org POLICY FORUM Thursday, October 15, 2009 12:00 PM Featuring Richard Mourdock, Treasurer, State of Indiana and Representative of the Indiana State Pension Funds Objecting to the Chrysler Bankruptcy Plan; and David A. Skeel, Professor of Corporate Law, University of Pennsylvania Law School. Moderated by Daniel J. Ikenson, Associate Director, Center for Trade Policy Studies, Cato Institute. According to their own interpretation of events, the Bush and then Obama administrations rescued the entire US auto industry from imminent disaster and total failure. But in fact, a potential collapse only threatened General Motors and Chrysler, whose years of bad decision-making had finally caught up with them. Pouring cash into these two corporate clunkers may have “saved” them, for now, but in the process other companies were penalized, laws were circumvented, property rights were trampled, and America’s tradition of free enterprise was badly damaged. This Forum’s panelists, who have been vigilant in their warnings about the dangers of such interventions, will discuss the ramifications of diverting TARP funds for unauthorized purposes, circumventing long-established bankruptcy procedures, violating secured creditors’ rights, and failing to maintain a proper separation between economy and state.
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11 Comments
Interesting video – friend and subscribe for day trading, day trader, day trade videos, technical analysis…
Free Forex EA- works perfectly fine for me.
In longer-term investing strategies, position sizing is a bit more complicated and may depend on the strategy at play. In this section, we will focus on sizing positions for short-term trades.
@oscar2oo9
Your spread is 2.0 !
The break even is 1.2680 +0.002 = 1.2700
If you sell at 1.2699 you loose
I buy about 500 dolars at 1.2680 and as I was wayting for a good selling number like a 1.2699 .I was loosing money… why? on te acounts- equity.?????
as soon as u execute a position it should appear right away in your platform in the order that u place it….
i found this forex system based on price action
pipsexpressdotblogspotdotcom
What video editing/recording software do you use Dave?
Also, from your experience, is there any difference in execution time of a “large position” vs. a 1k position. thanks.
hi,
can you actually establish ANY position size you desire. Let’s say I’ve got $50,000,000, in an account. Would it be possible for me to establish a position size, say 10,000k or $1,000 per pip, 50,000k or $5,000? If these position sizes are possible, would the specific currency pair’s liquidity affect transactions? Thanks.
Hi, many brokerage firms including FXCM will allow you to trade in sizes of 1K or smaller however even at 10K the value of a one point move in the market is only $1. Since the market is not very volatile most consider that trading pretty small. Hope that helps. Dave
This will probably be answered later on but does this mean that I must trade in the tens and hundred of thousands of dollars? I thought the advantage was being able to trade small?