Empty as water and soft as a facing wind mountain
Technical Analysis Fallacy
- #4,902
- Aug 5, 2008 1:05am Aug 5, 2008 1:05am
- Joined Nov 2007 | Status: Trader | 19,782 Posts
good morning and good night...I rode my bull and I got off...back by 8:00
Good 4 you.
You got paid well for your grass watching.
For your patience and resilience,
With his pockets chingling,
and the cowboy rode off into the sunset on his sappuku bull.
regards
Hi Billionaire,
In answer to your questions.
Let me say that I cannot speak for all, and that my perspective cannot be the only.
Books are not bad, in fact it is good for research and study. Thats how I learned what I learned. From books and mentors, from different perspectives and methodologies.
But I would be careful to take in the info , without much deep understanding and practise. Most important is if its suitable to me and the markets it is used in.
The problem with the k revolution is that , we are overwhelmed with it. Many learns a few good tricks and believe that theirs is the holy grail. Whats worst is that they become rigid with their interpretations of whats written and formulate dangerous rigidity in their protocols.
As for why people write books, I cannot comment.
I do enjoy good memoirs of people who had been successful in markets, as well as their penning of their methodology and psychology. But there is little to come by. There are much written about the financial markets because the subject commands premium pricing and has a wide audience. Only that because of this much commercialised financial porn is broadcasted worldwide mostly containing materials that promoted rigidity and misrepresentations.
If the authors had been successful in their pursuits, you can be rest assured that the finanacial gains are of no consequence to their well being. And because of this as well as the time locks that publishing entail, many tend not publish their skills. They either are resigned to mentoring a few, to pass on the skills, or seek out individuals that can carry their methodology as a legacy.
At the end of the day, success tends to bring all sorts of inconveniences to our doorsteps and in many ways , we do like to live our lifes without them. This also one of the reason why skills are not being published, as well as that wide spread methodology worship tends to dilute its effectiveness, as the living markets' variance absorbs and circumvents.
regards
Thank you for your detailed & serious reply, Mr FTI. Back to continue my journey reading the thread..
Best Regards,
- #4,908
- Aug 5, 2008 1:46am Aug 5, 2008 1:46am
- Joined Sep 2006 | Status: Chasing Trends | 2,339 Posts
Hi jest,
what do you mean what to do?
It just indicates that the markets are not in trend mode and crosses are at play.
There's nothing to do, it just helps you strategise the play.
regards
AND here comes the yen boys, LOL
the sukiyaki charge, from kobe.
i was just wondering coz we have never covered it before.
- #4,909
- Aug 5, 2008 3:08am Aug 5, 2008 3:08am
- Joined Nov 2007 | Status: Trader | 19,782 Posts
thanks fti,
i was just wondering coz we have never covered it before.
we had,
You didn't read carefully.
regards
- #4,912
- Edited 5:04am Aug 5, 2008 4:39am | Edited 5:04am
- Joined Nov 2007 | Status: Trader | 19,782 Posts
- #4,914
- Aug 5, 2008 5:48am Aug 5, 2008 5:48am
- Joined Feb 2008 | Status: Cartographer | 1,981 Posts
Empty as water and soft as a facing wind mountain
- #4,915
- Edited 6:44am Aug 5, 2008 6:00am | Edited 6:44am
- Joined Nov 2007 | Status: Trader | 19,782 Posts
- #4,916
- Aug 5, 2008 6:52am Aug 5, 2008 6:52am
- Joined Feb 2008 | Status: Cartographer | 1,981 Posts
Empty as water and soft as a facing wind mountain
- #4,919
- Edited 7:14am Aug 5, 2008 6:59am | Edited 7:14am
- Joined Feb 2008 | Status: Cartographer | 1,981 Posts
Empty as water and soft as a facing wind mountain