I decided not to continue on this subject out of respect for the people involved, but for many days it has haunted me how this kind conversation is justified by people in order to cleanse their own conscience - and, unfortunately, by the fact that there will no doubt be similar situations in the future.
My aim was to stifle early here discussions on how terrorist attacks are going to move the markets - and we all know that the only reason why we discuss currency movements here is to benefit from them financially through speculation. And I feel that was achieved and I am happy about that if it has also made people think twice about publicly discussing this particular angle on trading.
This is the real issue here:
Of course there are people whose jobs and responsibilities require that they follow events impacting on financial markets whatever they are. They are concerned, either directly or indirectly, with other people’s money and cannot choose whether or not to respond to events that are so traumatic as this.
But do we really believe such people come to Babypips.com for advise on such matters? Really?? Does anyone really think that is what this thread is really about??
We all know that the bulk of people here are dealing with demos and cent accounts and microlots and looking to scrape a few dollars today that will no doubt be lost again next week - and it is that which makes this kind of attempt to raise discussion about ensuing possible currency movements and, by inference, trading opportunities, together with these attempts to justify it, so sordid.
After nearly 40 years in institutional banking, portfolio management, and private trading, and, yes including the City of London, where the blackest of black humour is a form of stress alleviation rather than disrespect, and having been unfortunately personally involved in a terrorist bomb incident, my only hope that this thread will help deter others from trying to stir up discussion aimed at highlighting speculative opportunities. Are there not enough topics already to generate views without this kind of abuse even before the victims had even been identified.
At least there is one thing that I am sure can be agreed upon, this is definitely “not cool” - I just find it strange to even consider the term “cool” as a measure of value in postings that are related to such a topic as terrorism.
No doubt this will generate yet another tirade of injured pride, but I just hope people will think twice before repeating this after the inevitable future similar events - but I remain skeptical about that, afterall, making money overides just about everything.
Well, having said that, at least my conscience is now at rest, and I will leave you all and return to my place amongst the Old F_rts of the trading world and leave you in peace!
Good luckto you all, whatever you do in life and wherever it may take you!
We can study the maps, learn the skills and set the sails - but which way the winds will blow is beyond our control…