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Technical Analysis Fallacy

  • #59,481
  • Aug 22, 2019 11:44pm Aug 22, 2019 11:44pm
Quoting fti
Long story short. I said "depends on your skill." Analysis skills and trade skills is a common between traders. No one is at same competence and proficiency. The SKILL. Skill stay book alive. ALWAYS. AOW. Bing fa. If know self not fear 1000 battles........ So before brush up skills., learn self first. Never lie to self, or feel too important. I afraid do that because to me..... GOD IS WATCHING. Before a fall, will be the arrogance. Regards
Thanks FTI, i know, now, what was holding me back.

I will try to answer your questions in a while.

Love you,
Grasshopper
  • #59,482
  • Edited 1:39am Aug 23, 2019 12:39am | Edited 1:39am
Quoting fti
Analysis skills and trade skills is a common between traders. No one is at same competence and proficiency. The SKILL. Skill stay book alive. ALWAYS. AOW. Bing fa. If know self not fear 1000 battles........ So before brush up skills., learn self first. Never lie to self, or feel too important. Before a fall, will be the arrogance. Regards
Dear Fti,

This time it's not 3 but
In fact, I'm that arrogant because am stepping in your Thread and cannot help just passing by.
If you produce/show your weapon, be ready to trigger; don't demonstrate your big muscles (why do you need those big muscles? is it a body builder's shape or a real effective force?) - it's not "show force" game (in trading).
Don't try to prove that your cock is bigger than it actually is...

In fact, from the precious book you recommended: "A clever hawk hides its claws", "See no evil, hear no evil, speak no evil", "Learning is the gate not the house...Your teacher can lead you to the door; acquiring of learning then rests on you".

Please accept my humble appreciation and best wishes for you.

P.S. Edited: I should have brought one more interesting citing, namely, the reply by the Nippon Technical Analysts Association regarding "... differences in the way of thinking of Westerners who prefer being precise and definite and Orientals who like to be flexible" (page 120 of the Book)
Not to Advance is to Fall Back
  • #59,483
  • Aug 23, 2019 1:00am Aug 23, 2019 1:00am
Quoting fti
{quote} Wah drama queen? The peeing question. Which direction the wind? Biggest fear is peeing against wind. SOME even they clever enough sit down, so that no splash pee all over self. I am glad you realise from clip about rescue resource and logistics requirements. But my lesson there for you this round was. .. ... How come the winning rebels, lost.? Why did they lost.? Answer is already clear. Even trump knows. "my horse eats your big lady.... Nanana nana.... Reexamine your job description. What is traders job?. Think. If you work for me 365 days...
How come the winning rebels, lost.?
Can not guard their strong holds
They should have chosen high ground with their advance equipment - guns and cannons
Excessive reliance on equipment and lacking in core sword fighting
Commander converted battle to Final WAR and took it on Egor , he could have stopped to flight another day.
Qing Army was already depleted. But he made it personal and want to teach a lesson at any cost.
Commander lost decision making after some time. He was predictive. He stopped analysis of NOW.
Commander was fighting even after his Guns and cannons are gone, his advantage lost.
Commander was neither disciplined nor skilled. He mad many mistakes.

Why did they lost.?
When commander of the army is killed, Army became Directionless and lost.

If you work for me 365 days made money 364 days.
1 day you lost, point if no return of your capital.
Whats your ROI.
AND as your manager, what will i do to you.
You may not want to see me again professionally.
If it is point of no return i am bad risk manager. A rogue trader, who will lose everything eventually.

What is your job? as trader.
Always make money. Manage risk and positions.

What should your mindset be like?
Manage myself, my resources, my book. Do not play god and manage Market. Surrender to market and just manage risk and positions.
Constantly mapping the flow of market, surrender to the flow and flow with it.
Ignore any attachment with the position.
Incorporate every new information and think what market is saying, where it is going.
Do not focus on why, just see where.
Do not jump in in-between, wait for time window for entry.
Should always flow with daily trend, not against it even if its tempting market foam.
Once in the flow forget any previous analysis, market foams, keeping on doing it in NOW till the position is squared.
DO not focus on making money, focus on making No Mistakes. If bull be bull, if bear be bear, no other way

Love you,
Grasshopper
  • #59,484
  • Aug 23, 2019 1:32am Aug 23, 2019 1:32am
usddgd looking Good for Long
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  • #59,485
  • Edited 4:41am Aug 23, 2019 4:16am | Edited 4:41am
Quoting antmindset
{quote} How come the winning rebels, lost.? Can not guard their strong holds They should have chosen high ground with their advance equipment - guns and cannons Excessive reliance on equipment and lacking in core sword fighting Commander converted battle to Final WAR and took it on Egor , he could have stopped to flight another day. Qing Army was already depleted. But he made it personal and want to teach a lesson at any cost. Commander lost decision making after some time. He was predictive. He stopped analysis of NOW. Commander was fighting even...
Ok. Noted.
Nice drama.
Class dismissed, live it.

If any one have nice TA enhance all friends skills
Can discuss. Remember, nothing is perfect. There special way eat everthing. Not all is same.
Ok whos paying for my sukiyake? Burp!!
The sashimi i pay. Nice cold saki, ant pay.

Regards.
Inserted Video
  • #59,486
  • Aug 23, 2019 4:37am Aug 23, 2019 4:37am
Quoting fti
{quote} Ok. Noted. Nice drama. Class dismissed, live it. If any one have nice TA enhance all friends skills Can discuss. Remember, nothing is perfect. There special way eat everthing. Not all is same. Ok whos paying for my sukiyake? Burp!! The sashimi i pay. Nice cold saki, ant pay. Regards.
Thank you FTI.

Reset my Demo Account. Not going to do any Demo trade for few days. Need to study market form and flow.
I understood now MM wont help if Form reading is poor.
MM and Form reading wont help if mindset is not there.

Now working on Form and Mindset for few days. No Demo trading distraction for now for this Ant.

Ant is eager to Pay, just ask. But then what can i pay which you dont have...I can Pay by learning what you have offered and one day become at least as good as you if not better.

Attitude and imagination is everything.

Love you,
Grasshopper
  • #59,487
  • Aug 23, 2019 4:39am Aug 23, 2019 4:39am
Quoting fti
{quote} Ok. Noted. Nice drama. Class dismissed, live it. If any one have nice TA enhance all friends skills Can discuss. Remember, nothing is perfect. There special way eat everthing. Not all is same. Ok whos paying for my sukiyake? Burp!! The sashimi i pay. Nice cold saki, ant pay. Regards.
All fellow naked traders, let us help each other. Above point is important. It can shorted the learning curve. We dont live for 500 years anyway. So have to do weeks work in a day, no other option. Or i/we will be rich in graveyard.

Regards,
Ant
  • #59,488
  • Edited 5:06am Aug 23, 2019 4:52am | Edited 5:06am
Quoting antmindset
{quote} All fellow naked traders, let us help each other. Above point is important. It can shorted the learning curve. We dont live for 500 years anyway. So have to do weeks work in a day, no other option. Or i/we will be rich in graveyard. Regards, Ant
No get excited.
Excited is weakness.
Wash face..
Take 3 deep breaths.
GO

Go go go but no get excited.
Inserted Video


Many lessons, do not rush, trust God.
You will be tested.

Inserted Video


Regards
  • #59,489
  • Aug 23, 2019 5:10am Aug 23, 2019 5:10am
Quoting fti
{quote} No get excited. Excited is weakness. Wash face.. Take 3 deep breaths. GO Go go go but no get excited. https://youtu.be/vkUpfw4Hf3w Many lessons, do not rush, trust God. You will be tested. https://youtu.be/PCx8Xcm9l7U Regards
OK FTI,

heartbeat is in control now.

Love you,
Grasshopper
  • #59,490
  • Aug 23, 2019 6:10am Aug 23, 2019 6:10am
What a boring day, it's like trading on a bank holiday. :-/
  • #59,491
  • Aug 23, 2019 7:20am Aug 23, 2019 7:20am
That's more like it - I'm done! Have a nice weekend everybody.
  • #59,492
  • Aug 23, 2019 7:55am Aug 23, 2019 7:55am
Quoting fti
{quote} In englandish your only reliable info will be from this chap. After study about 50 patterns you should formulate at least 7 that is reliable. 37 Try cross check john hill. Also understand whats hip and lop trend/congestion.{image}
Dear Fti,

Thank you very much for the advice. Presumably, Part 1 looks reliable indeed. And, one still needs flexibility in applying.

Dear Friends,

I hope your trading isn't overstressing your mind and body, especially on Demo and in Friday afternoon. Unless you enjoy being under stress (then Demo is OK). Too much stress (and taking it addictive-long) is unhealthy, IMHO. Therefore:

Have a nice relaxing week-end.
Not to Advance is to Fall Back
  • #59,493
  • Edited 10:49am Aug 23, 2019 9:59am | Edited 10:49am
Be watchful.
Everybody is cutting benchmark rates.

Everbody thinks we in bad economic cycle.
Lets see who will start booming one another.
Boom boom boom.

Less men more........... women left??? Or..... More tariffs???? All govts getting rich, more tsx tax tax. Consumers pay and pay. Tariffs more more more.
Gst more more more govt sick taxes.
Omgoose need buy more pencils.

Take risk make markets, income 2 pips... 0.02%
Govt partner, no capital, no risk, 9%gst,30%tax.
Hahahaha.guns, missles, more guns. Bullets for all, foc. Lead only.
Money for nothing, chooks you for free.

Eeer we un getting new commission to investigate.
Commission you pay.

Inserted Video

Regsrds
  • #59,494
  • Aug 23, 2019 2:02pm Aug 23, 2019 2:02pm
FTI, can i ask something.

I am fed with this slavery job of 9 to 5. every other day my sr. question my calibre tho i am doing my best. but they just do it.

they know i am stuck not have much financial resources hence freedom. And i can, i can not do anything. just oblidge and go away

i know if i have 10 time the morning money they are paying me i can just do a fix deposit and interest will be sufficient to cover all expenses. unfortunately i do not have that much.

and frankly i am not earning too great sum. Even 200k dollar fix deposit at 7 % interest will do.it. ( i am in india). i have become professional slave because don't have 200k usd deposit. What a shame. but i don't have anywhere to go.

i have to work so that i earn enough to pay bills and save something. but it will take 3-4 years to save 50k usd. inflation is other animal so as family responsibilities.

FTI, pls guide. i don't want to waste such a beautiful life in modern professional slavery full.of humiliation.

I am fed up. but then what choice i hav other that selling blood with meger sum of money and save something so that one day i have enough to trade and live life. Help my fellow friends and do something which is meaningful.
  • #59,495
  • Aug 24, 2019 2:10am Aug 24, 2019 2:10am
Quoting antmindset
but it will take 3-4 years to save 50k usd.
Hello Antmindset or Grasshopper,

If I may...
The guide is this TAF Thread. It's also about Emperor Moth and Ant work.
Fti provided you with a specific recommendation where to start or where to find answers to your questions. E.g., you asked about 3 or 7 and you got the answer and advice. BTW, have you found a candles (sessions) count example in the book by Steve Nison?
The other author recommended by Fti wrote: "Conrad Leslie is one of the most respected grain statisticians in the country. At a conference, I gave him a copy of a small book I published in 1977. Several months later I visited with Conrad and asked him if he liked my book. Conrad remarked that it was the best book ever written about markets and I should not be selling it. He specifically mentioned that one of the ideas in the book had made him a considerable amount of money. I asked what page in the book the idea was on. Conrad said that it was a secret, but if I searched hard enough I would find it. If anyone reading this book has Conrad's Great." So, where is truth and/ or lie? How many people have read the book and whether anyone found the secret?
By urging yourself (make it faster, get rich - financial free quick) you might be contradicting to all the guide given here.

Maybe, you might be willing to put exact specific questions and someone would be able to reply?
Probably I have a reservation, I won't. Because I'm operating in TF and with instruments fitting to my individual temperament, appetite and restrictions, conditions. I clearly can see that you cannot be in my shoes. I am sorry.

Therefore, briefly reiterating: TAF Guide, reliable books recommended, individual journals of active live traders but suiting to your individuality and circumstances. Finally, who can define whether you are the right fit to successful live trading, will it take less than 3-4 years or more than 10? On the other hand, for some people (majority), they would be happy to have a permanent job with a Zero risk, modest but secured income.
"Good Trading and remember: A speculator who dies rich dies before his time." (John Hill)

Have a fair wind,
Exnav
Not to Advance is to Fall Back
  • #59,496
  • Edited 7:28am Aug 24, 2019 6:51am | Edited 7:28am
Quoting antmindset
FTI, can i ask something. I am fed with this slavery job of 9 to 5. every other day my sr. question my calibre tho i am doing my best. but they just do it. they know i am stuck not have much financial resources hence freedom. And i can, i can not do anything. just oblidge and go away i know if i have 10 time the morning money they are paying me i can just do a fix deposit and interest will be sufficient to cover all expenses. unfortunately i do not have that much. and frankly i am not earning too great sum. Even 200k dollar fix deposit at 7 % interest...
Wah milliondollar question.

Some taders trys make a million with 500 million cap.
Some traders try make a million with 500 dollars.

Who do you think will achieve aspirations?
Who do you think will achieve DREAM?

You have mindset correct. Willing to struggle, i can feel. But you need learn patience. You need keep running and pumping, more importantly you need keep eye open for opportunity breaks.
There ain't no free lunches.
There no friends no enemies you can trust perpectually. Only interest & God.
And God and only because him is invisible. If him was visible to you he cannot trust you.

To achieve you need look opportunities which you can touch around you. Those available where you cannot touch you cannot try to touch until you have resources touch em.
Althoughvis hot in the pot, Never jump from the pot into the fire.
If things around you you cannot manage, things in other gangs turf, you no capacity to manage. Instead they will manage you as slave.

You seems have a good mind, although frastrated, you must learn find peace in struggle.

Here 1 old bird story.

There was a bird flying on a cloudy day.
Dang day cloudy and no sunny bright.
Suddenly began rain.
Bird got wet, fell to ground.
Dang hard ground.
Oh whats that smell.
Omg fell into pile of shit.
Dang complain, complain, complain.
Cheep cheep cheep cheep......
Cat heard. Attack. Yummybird.

Moral of the story.
Life is never always easy.
If life is fuxed try not make too much complain.
Could be worst.

AGAIN.. find peace in the struggle.
The question is. If you are needed push the button.
Do YOU have the capacity do it..... AOW bing fa

If you want cross sea, only dragons.
Even dragons need respect turf worms.
Inserted Video


Regards

Here recent bird story.
https://www.google.com/url?sa=i&sour...66734512477954
  • #59,497
  • Aug 24, 2019 8:59am Aug 24, 2019 8:59am
Thanks Exnav.
  • #59,498
  • Edited 9:34am Aug 24, 2019 9:12am | Edited 9:34am
Thanks FTi.

Mind is at peace. Needed guidance, received wisdom.

I will not jump from hot pot to fire. But one day with adequate protection with firm calm mindset.

Will also manage things around me, have to do it.

I already have beautiful life.

Focus on making 100 dollar first and always. let me live this for a while. need to know my enemy in toto. Many lessons to learn.

thank you very much.

thanks for video. Need to learn patience and struggle from ant.

Love you,
Grasshopper
  • #59,499
  • Edited 11:39am Aug 24, 2019 10:56am | Edited 11:39am
Noted, grasshopper.

Eeer try the crocroaches soy sauce yet?

Now someone comes clean.
Will taste very good with fermented sea spiders(crabs) and lizards.
Delicious. They say. No panic yet.
Inserted Video


I wonder, if she not wash hand on the ph water. Will it still taste nice?

Regards
  • #59,500
  • Edited 11:25am Aug 24, 2019 11:04am | Edited 11:25am
Special dessert top off with kopi luwak.
Inserted Video


Ok shopping for my favourite dried dog shit.
Oh mom alreafy bought. My pack's watching.
They likevthe dog shit more than me.
Still cheap, no tariffs yet.
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