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Technical Analysis Fallacy

  • #58,301
  • Apr 8, 2019 11:59am Apr 8, 2019 11:59am
Wrong!
Wrong mindset. COMPLETELY.
Loser's attitude.
You continue to search for a remedy to your mistakes!

Sun Tzu -
He wins his battles by making no mistakes.
Making no mistakes is what establishes the certainty of victory,
for it means conquering an enemy that is already defeated.

Now.. I say it again with extreme serenity, not for you (because useless!)
but for the readers.
We have to talk of CORRECT EDUCATION and FORMATION in technical analysis.

A trader must learn to stay on right side of the Market! This is the fti lesson.

The forefathers of trading have indicated the path to success.
And fti shows us how to follow exactly that way!
There is no need to reinvent the wheel.

Full stop. And study something of the great history of which we are an infitesimal part.

With all my fraternal intention.
I have really finished here.
  • #58,302
  • Apr 8, 2019 12:02pm Apr 8, 2019 12:02pm
Quoting Jupiter
Wrong! Wrong mindset. COMPLETELY. Loser's attitude. You continue to search for a remedy to your mistakes! Sun Tzu - He wins his battles by making no mistakes. Making no mistakes is what establishes the certainty of victory, for it means conquering an enemy that is already defeated. Now.. I say it again with extreme serenity, not for you (because useless!) but for the readers. We have to talk of CORRECT EDUCATION and FORMATION in technical analysis. A trader must learn to stay on right side of the Market! This is the fti lesson. The forefathers of...
So you assume my strategy = rescue till the book go bust ?
  • #58,303
  • Apr 8, 2019 12:04pm Apr 8, 2019 12:04pm
Quoting CookieMonsta
{quote} Its simple, because i pushed myself to get to where i am, and what it means to new traders is, the only person you should rely on is youself to be successful. Learn to master trading in the toughest conditions and everything else will be easy.

that's why i am asking. why u r showing ur trades, u r not obligated to do so. people who read this thread know how to trade. why u want to prove it to someone.

focus on ur trading and skills. FTI has given us gold. no need to show anyone how u r making money.

in the end, preserve ur mindset buddy. ignore all negatively.
  • #58,304
  • Apr 8, 2019 12:08pm Apr 8, 2019 12:08pm
OK we have stop here. As always.

you... YOU... YOU YOURSELF wrote this:

its either i learn to manage trades that may not even be good entries or i don't even get to trade. and thats where i actually learn how to manage all those nasty trades and properly manage those dam nasty trades out and turn them profitable, its either that or forget about trading altogether.

What's your problem?

I know how to read a blotter. Sir.
Hey, I have no time to waste.
Time is out.

Go with your insults again.
  • #58,305
  • Apr 8, 2019 12:13pm Apr 8, 2019 12:13pm
Quoting CookieMonsta
{quote} Watch my tone? First you ask me to post then you ridicule me, you serious? Really? Why would that be gambling? If i adhered to my limits 2x daily loss, and made money on average, why would i be gambling? How much of my strategy do you actually know that it is gambling? Do you also know that mitigating volatility is a huge component of my strategy. Do you know whats a long short book? P&l = v* s* x^i. Do you know how this equation works? And with respect to the loss recover table and position size skewing?
poor soul. youŽre lost. good luck, youŽll need it.

Inserted Video
fortis fortuna adiuvat
  • #58,306
  • Apr 8, 2019 12:22pm Apr 8, 2019 12:22pm
Quoting antmindset
{quote} that's why i am asking. why u r showing ur trades, u r not obligated to do so. people who read this thread know how to trade. why u want to prove it to someone. focus on ur trading and skills. FTI has given us gold. no need to show anyone how u r making money. in the end, preserve ur mindset buddy. ignore all negatively.
Well you see, the thing is, sometimes you learn new stuff with people who know their stuff but are open to discussions and not really trying to stuff things down others throat. The 3rd mind.

The issue comes when realistically speaking, if i do adopt what they did, it really only ended 2 ways for me, not like i didnt try it before. 1, i made it fast but its not sustainable, and lost huge portions away, sure, i can make 2x using ganns style only to realize that, there are critical portions i cant do, either my skill in that area wasnt good enough, or i locked myself into a certain state. I spent 2 years going up 2x coming back down to break even.

It made me realize, i had to find my niche, my edge, and if its to do what they cant, then its even better. The thing about edge in the market is this, if everyone is doing it, wont that mean the edge becomes smaller, or non existent? Its because it goes against their grain that i can do what i did and remained profitable that tells me i have an edge.
  • #58,307
  • Apr 8, 2019 12:23pm Apr 8, 2019 12:23pm
KISS. Bye.
Attached Image
  • #58,308
  • Apr 8, 2019 12:27pm Apr 8, 2019 12:27pm
Quoting deltaone
{quote} poor soul. youŽre lost. good luck, youŽll need it. https://www.youtube.com/watch?v=Ye8mB6VsUHw
You did not answer anything, and how am i lost?

A long short portfolio is a perfectly valid strategy used by hedge funds, how exactly am i lost?

The equation profiles for each rescue level how much exposure is the book exposed, it also shows volatility as a key on top of size which can manage exposure.

How exactly am i lost?

You keep saying im lost but you will have to be more specific.
  • #58,309
  • Apr 8, 2019 12:31pm Apr 8, 2019 12:31pm
Quoting Jupiter
KISS. Bye. {image}
If you think thats the only things driving my trades, im sorry but you got it wrong. That just shows exposure. You neglected to understand that i have to feel the trend to direct my troopers?
  • #58,310
  • Edited 12:52pm Apr 8, 2019 12:33pm | Edited 12:52pm
Suspend/freeze this thread. Until fti return.
Go to continue this nightmare elsewhere.
Accept my suggestion.

To the diligent readers, my advice.
Go to read fti. Sip each of his words of wisdom.
Follow his indications of study and his instructions.
Build on these... slowly and serene.

Stay on the right side.
There is only one side of the market. And you must learn how to see it. Then how to trade it.
Train your mind to see.
Don't waste your precious time. Be concentrated on the Flow. And remain. Price is the King.
Reading the Form is reading the Terrain. And that is fruit of good Technical Analysis skills.
Fti suggested Edward and Magee and Murphy as Technical Analysis Manual.
Start there. With passion and good attitude.
We are Traders.
Go therefore to search the true history... the golden age: Livermore, Gann (the swing trader, not the astrobullshit) and Wyckoff.

Trading is a seriousprofession. Not a passtime between one thing and another.
Market asks for total loyalty and dediction.

Our weapons are Knowledge and Right Action. Correct Knowledge is the real power.

Trade safe, Always in control.
Attached Image
  • #58,311
  • Edited 12:49pm Apr 8, 2019 12:37pm | Edited 12:49pm
Quoting Jupiter
Suspend/freeze this thread. Until fti return. Go to continue this nightmare elsewhere.
Your the one who started the nightmare, by your own 2 bare hands.

Btw, which part of the equation is wrong exactly? Were these not taught in some form or another as part of the basics of money management? A component of this thread, putting in fibo rescue would yield exposure?

You dont get to walk away from this one.

Btw if you still cannot see, did i ever say i always trade against trend? Did you know part of what works for me is actually figuring how to get in line with trend after being out. Its called corrective action. Who says im always fighting against the trend?

What did you think reducing volatity in the equation is for? To fight against trend? Its to limit exposure, so that the book has 0 sigma, while the lock is on.

Just admit it, you have no idea how i trade and you cant even debate properly or are you interested in finding out how i trade so you can properly deconstruct it and refute it, like a proper discussion.

The only thing you resorted to is anger and asking people to stop, rather than properly attempt to find a common ground.
  • #58,312
  • Apr 8, 2019 12:50pm Apr 8, 2019 12:50pm
Quoting CookieMonsta
{quote} Your the one who started the nightmare, by your own 2 bare hands. Btw, which part of the equation is wrong exactly? Were these not taught in some form or another as part of the basics of money management? A component of this thread, putting in fibo rescue would yield exposure? You dont get to walk away from this one.
My Brexiting Stop on TAF Thread

My Dear Friend,

You don't have to prove anything to anyone. Neither please for your health sake, let's go sleeping. The guys enjoy the process, I like them: Delta1 , etc. real PROs, big money (they trade billions as they did in their banks).
But, Cookie, it's your life, don't take it as insult. Everything here is just a game.
We are Ants here, focus on your own life and your own success. Let them attack you or me. I'm happy. Go ahead.
They Stop and Come here to continue. All appreciation to the Robust and Intelligent Dax Traders Team.

And, Jupiter, are you still afraid of 300 pips underwater (on Demo account). You don't have anything to do?
I like your deep sense of humor then.
And don't always claim that you are Old Guy. In trading and in life, my children and grandschildren are always smarter than me...

I like you guys. Go ahead. Prove to everyone that you are Right. I don't need it because I'm sure that you are.

I'm a little Ant. Why so much attention. Any commercial or business issue? In overall COOL.

Regards, DAX Supermen
And Sleep Well

My Brexiting Stop on TAF Thread
Not to Advance is to Fall Back
  • #58,313
  • Apr 8, 2019 12:57pm Apr 8, 2019 12:57pm
Quoting Exnav
{quote} My Brexiting Stop on TAF Thread My Dear Friend, You don't have to prove anything to anyone. Neither please for your health sake, let's go sleeping. The guys enjoy the process, I like them: Delta1 , etc. real PROs, big money (they trade billions as they did in their banks). But, Cookie, it's your life, don't take it as insult. Everything here is just a game. We are Ants here, focus on your own life and your own success. Let them attack you or me. I'm happy. Go ahead. They Stop and Come here to continue. All appreciation...
If they did trade billions for their banks, this is nothing new to them. What i have is just the basic strategy which i reverse engineered from attempting to understand how these big boys protect their portfolio.

There are probably much much more advanced stuff than what i have, like overlaying the basic strategy with a long straddle, think what would happen if a tsunami happens? You are automatically profitable, so long as you do not exceed your volume limit, or at least loss is capped.

Think sheldon natenberg.
  • #58,314
  • Apr 8, 2019 1:02pm Apr 8, 2019 1:02pm
Quoting Exnav
You don't have anything to do?
That's is unbelievable.
You need some education here.

This is your level.
  • #58,315
  • Apr 8, 2019 1:02pm Apr 8, 2019 1:02pm
Quoting CookieMonsta
{quote} If they did trade billions for their banks, this is nothing new to them. What i have is just the basic strategy which i reverse engineered from attempting to understand how these big boys protect their portfolio. There are probably much much more advanced stuff than what i have, like overlaying the basic strategy with a long straddle, think what would happen if a tsunami happens? You are automatically profitable, so long as you do not exceed your volume limit, or at least loss is capped. Think sheldon natenberg.
My Brexiting Stop on TAF Thread

I didn't disagree with Cindy the other day. It's a different game for different sizes. I am starting to feel some commercial interest inside the intervention.

I would prefer to sleep well and focus on what I do tomorrow.

Take care, My Friend

My Brexiting Stop on TAF Thread
Not to Advance is to Fall Back
  • #58,316
  • Apr 8, 2019 1:04pm Apr 8, 2019 1:04pm
Quoting Jupiter
{quote} That's is unbelivable. You need some education here. This is your level.
My Brexiting Stop on TAF Thread
Dear Jupiter,

You are right as always you are. I'm open minded little ant level. If I need some education here, then I'm focusing on it here. Thank you.

Why do you convince then me to leave from here?

I like your deep sense of humor.
My Brexiting Stop on TAF Thread
Not to Advance is to Fall Back
  • #58,317
  • Apr 8, 2019 1:06pm Apr 8, 2019 1:06pm
Education and a rehab.
Another wonderful exhibition here at Clowns Factory. I always have a goold seat in the Gallery.
See you on the battlefield.
And thanks for your money.
  • #58,318
  • Edited 1:27pm Apr 8, 2019 1:11pm | Edited 1:27pm
Quoting Jupiter
Education and a rehab.
My Brexiting Stop on TAF Thread

That's right indeed. Helpful and friendly advice.
Edit: "See you on the battlefield.
And thanks for your money." Exactly, Jupiter, that's why I STOPPED trading DAX, because of big guys bankers there. Unfortunately, I can't promise that you will see me there, though. Commercial thingy...

Just go on. I enjoy it.

On a serious note, why do you persuade everyone to STOP and do continue yourself?

My Brexiting Stop on TAF Thread
Not to Advance is to Fall Back
  • #58,319
  • Apr 8, 2019 1:12pm Apr 8, 2019 1:12pm
If I could comment without anyone being offended, I would say ...

I suppose I do not understand many of fti words (although I keep trying), so I do not dare talk about what he said, but I can find (in abundance) one of the things that I consider most important for development as people (in addition as traders), it is called HUMILITY (or absence of EGO). It seems that fti had been so humble when he LOST, that when he WIN (because deep down they are the same thing). And that is precisely what, for me, makes it so GREATER.

I think you are ALL wonderful people that I can learn from, but it might be good for the thread to keep "cannons" for the real "enemy", some of us will appreciate it. But it's just my opinion. Advance apologies for the offended.

regards and green pips for all
Newbie trader
  • #58,320
  • Apr 8, 2019 1:12pm Apr 8, 2019 1:12pm
Quoting Jupiter
Education and a rehab.
o yes..you are right...you need both of them i see....
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