“Abstract verbalizations about personal liberty, freedom of the press and so on will not be convincing in most parts of the world. In many areas they will not even be comprehensible.”
–Simple Sabotage Field Manual, Office of Strategic Services. The OSS was established in 1942. It would eventually evolve into the CIA. How did our government forget about this very important fact before it meddled in Vietnam and then again when it decided to wage a holy war against bands of extremists in the Middle East?
“Commit acts for which large numbers of people could be responsible.”
–Simple Sabotage Field Manual. This is commonsense, right? Not really. Far fewer people would be so obviously guilty if they followed this principle.
“Anyone can break up a showing of an enemy propaganda film by putting two or three dozen large moths in a paperbag. Take the bag to the movies with you, put it on the floor in an empty section of the theater as you go in and leave it open. The moths will fly out and climb into the projector beam.”
–Simple Sabotage Field Manual. Funny, but not as funny as what comes next.
“General Interference with Organizations and Production
(a) Organizations and Conferences
(1) Insist on doing everything through ‘channels.’ Never permit short-cuts to be taken in order to expedite decisions.
(2) Make ‘speeches.’ Talk as frequently as possible and at great length. Illustrate your “points” by long anecdotes and accounts of personal experiences. Never hesitate to make a few appropriate ‘patriotic’ comments.
(3) When possible, refer all matters to committees, for “further study and consideration.” Attempt to make the committees as large as possible — never less than five.
(4) Bring up irrelevant issues as frequently as possible.
(5) Haggle over precise wordings of communications, minutes, resolutions.
(6) Refer back to matters decided upon at the last meeting and attempt to re-open the question of the advisability of that decision.
(7) Advocate ‘caution.’ Be ‘reasonable’ and urge your fellow-conferees to be “reasonable” and avoid haste which might result in embarrassments or difficulties later on.
(8) Be worried about the propriety of any decision — raise the question of whether such action as is contemplated lies within the jurisdiction of the group or whether it might conflict with the policy of some higher echelon.”
–Simple Sabotage Manual. Act like any other committee member. You’ll be fine.
“I often became quite absorbed, and once, whilst returning to school on the summit of the old fortifications round Shrewsbury, which had been converted into a public foot-path with no parapet on one side, I walked off and fell to the ground, but the height was only seven or eight feet. Nevertheless the number of thoughts which passed through my mind during this very short, but sudden and wholly unexpected fall, was astonishing, and seem hardly compatible with what physiologists have, I believe, proved about each thought requiring quite an appreciable amount of time.
“During the three years which I spent at Cambridge my time was wasted, as far as academical studies were concerned … I attempted mathematics, and even went during the summer of 1828 with a private tutor … but I got on very slowly. The work was repugnant to me, chiefly from my not being able to see any meaning in the early steps in algebra. This impatience was very foolish, and in after years I have deeply regretted that I did not proceed far enough at least to understand something of the great leading principles of mathematics, for men thus endowed seem to have an extra sense.
“Therefore my success as a man of science, whatever this may have amounted to, has been determined, as far as I can judge, by complex and diversified mental qualities and conditions. Of these, the most important have been—the love of science—unbounded patience in long reflecting over any subject—industry in observing and collecting facts—and a fair share of invention as well as of common sense. With such moderate abilities as I possess, it is truly surprising that I should have influenced to a considerable extent the belief of scientific men on some important points.”
“2. Low Minimum Investment – The Forex market requires less capital to start trading
than most other markets. The initial investment could go very low, depending on the
leverage offered by the broker. This is a great advantage since Forex traders are able to
keep their risk investment to the lowest level. Online Forex brokers offer “mini” and
“micro” trading accounts with low minimum account deposit.
We’re not saying you should open an account with the bare minimum, but it does make
Forex trading much more accessible to the average individual who doesn’t have a lot of
start-up trading capital.
4. High Liquidity – Liquidity is the ability of an asset to be converted into cash quickly
and without any price discount. In Forex this means we can move large amounts of
money into and out of foreign currency with minimal price movement.
5. Low Transaction Cost – In Forex, typically the cost of a transaction is built into the
price. It is called the spread. The spread is the difference between the buying and
“The fall of the British pound against the US dollar in the period from November to December 1992 constituted 25% (from 2.01 to 1.51 GBP/USD). The general reasons for this “sterling crisis” are said to be the participation of Great Britain in the European currency system with fixed exchange rate corridors; recently passed parliamentary elections; a reduction in the British industrial output; the Bank of England efforts to hold the parity rate for the Deutschemark, as well as a dramatic outflow of investors.”
“Percentage in Point”. A pip is the smallest price movement of a traded currency. It is
also referred to as a “point”. It is very important that you understand what a pip is in the
Forex trading because you will be using pips in calculating your profits and losses.. For
most currencies a pip is 0.0001 or 1/100 of a cent.”
“If you want to succeed in Forex you must take into consideration the maximum
percentage of the total trading money that you should risk in any one trade. Actually,
your ability to limit your losses is equally as critical (or even more critical) as your
success in managing winning trades.”
-James Stuart (maybe we should not, as Kipling urges us, “to risk it all on one turn of pitch and toss”).