I have been a forex trader for the last 4 years.

For one E-trade doesn't do forex trading unless you buy a currency ETF.  In order to trade forex you need to use a broker like forex.com, oanda, interactive brokers, fxcm, or Citibank.  There are additional options outside the US.

BTSX isn't comparable to forex trading currently because of the lack of liquidity.  Right now the only easy way to trade BTSX is to buy or sell it on the major exchanges.  The wallet trading for bitUSD is servicable for longer term traders, but will never work for day traders or even medium term traders.  This is because you cant short at "market" price.  You have to compete on orders from sellers and it can take days/weeks to fill an order.

BTS needs to have market makers to provide liquidity for it's bitAssets... otherwise it will never be a functional trading instrument or platform.

I love how people blame any downside moves as pump and dumps...

I've traded for the last 8 years and I'll tell you what is most likely happening.

Typically in mergers and aquistions the buying company (BTSX) shares are sold off while the aquired company (PTS AGS) shares rally because a premium is usually paid over the current market price in order to gain full control of the company.  The former is happening in BTSX since it will be diluting in order to acquire PTS and AGS.  PTS and AGS are not rallying because there shares are not being bought at a premium in order to gain a controlling stake.  Hence you only get matching downward actions in all the different share types.

There are some cases where the acquiring company shares will rally when they take over a competitor.  This usually only happens if the market thinks the acquiring company is getting the acquired companies shares at a discount.

The reason why BTSX hasn't rallied is because BTSX was priced for perfection prior to the merger and buying PTS/AGS doesn't help it achieve any unexpected growth.  I mean did any of you think that Dan had the possibility of leaving and focusing on other stuff before he announced the merger?  I highly doubt 90% of the community did...

The announcement showed small cracks in the BTSX foundation that investors (NOT pump and dumpers) didn't see before...

In short: Bitshares is what most of us all thought BTSX would be, but with more outstanding shares... hence the selloff

Every morning I wake up and se bitshares down another 10%

This is getting pretty bad. I have a feeling we see 25mil market cap before 11.05. A 200% gain after that won't even get us to new market cap highs plus our shares are all going to be diluted...

You first

The whole shorting thing is ridiculous to comprehend.  I still don't know how orders actually get filled.  I've had orders out for weeks and they never get filled...

Why can't we have a "Short bitUSD at Market Price" order?

This complexity is what makes people leery of bitshares...

Do we need to download the new wallet or can we update it from our current wallet?  Is there a non-techie walkthrough on how to do this easily?

Do I have to download the 4.22 Wallet or will my 4.20 wallet update automatically?  I have windows 7 64 bit

Don't change the proposal... It will work and gives us the greatest chance at exponential growth.  It seems like many in the Chinese community can't grasp at the idea of short term pain for long term gain.  I'll gladly take all their shares.