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  • #60,361
  • Nov 23, 2019 2:27am Nov 23, 2019 2:27am
China Innovation Investment Limited
Anny here?

AP News: Self-confessed Chinese spy spills secrets in Australia
Self-confessed Chinese spy spills secrets in Australia
https://apnews.com/5d40fcc832204801a33599bdeaf541c3
  • #60,362
  • Nov 23, 2019 7:53am Nov 23, 2019 7:53am
Quoting fti
https://youtu.be/zkgfEthSrzc Chinese ambassador warns Canada of ‘VERY BAD damage’ to relations if it takes up US line on HK protests Chinese ambassador warns Canada of ‘VERY BAD damage’ to relations if it takes up US line on HK protests https://www.rt.com/news/474147-china...ada-hong-kong/ Wah chinese emperor no wants trade. Ooops he's not emperor. Hahahaha and hes not god. SIT. No one needs listen to this.. https://m.facebook.com/story.php?sto...05839789888991 Everyone have choice...
Hi fti, hope you are well.
It’ll be interesting to see what Trump does with the Hong Kong bill that passes the US House and Senate. It depends on what China need and wants for the next 5 years (right now, the odds of Trump being re-elected in 2020 are very high). Trump is ready to raise tariffs and walk away from China, and is willing to see US companies divest from China and invest elsewhere. I think this is his preferred outcome. If China wants a deal, they have to give more, sooner. If they refuse, Trump signs the Hong Kong legislation and the trade deal blows up. My guess is, this is what will happen. And that srarts a Cold War between the US and China.
  • #60,363
  • Nov 23, 2019 12:02pm Nov 23, 2019 12:02pm
Quoting fti
Hi ALL, I would like to give you, a little light poem, for your easy reading. As I am very tired and will continue after a nice rest. Its titled IF. IF If you can keep your head when all about you Are losing theirs and blaming it on you; If you can trust yourself when all men doubt you; But make allowance for their doubting too; If you can wait and not be tired by waiting, Or being lied about , don't deal in lies, Or being hated don't give way to hating, And yet don't look too good, nor talk to wise: If you can dream - and not make dreams your master;...
Simply inspiring, beautiful and powerful poem!

Thanks a lot FTI
  • #60,364
  • Nov 23, 2019 9:57pm Nov 23, 2019 9:57pm
Cryptoqueen: How this woman scammed the world, then vanished - BBC News
https://www.bbc.co.uk/news/stories-50435014
  • #60,365
  • Nov 23, 2019 9:58pm Nov 23, 2019 9:58pm
"He said i am bookworm and not to speak to him. DO you think, i will not speak to him?

he pointed out that i will waste my energies in reading books , commercial garbage, and not in live market. Market is best teacher.

My takeaway from that is i should trade live market and focus my energies there. which i accept. my learning. so many things fti pointed out in us which we have learnt since birth."


cannot learn hunting from reading books alone. but there is no wrong in reading books either. it is R&D so to improve one's skills. know what your enemy knows/use, i.e. bar chart reading, market structure, etc.

fti was sussing out your personal inclinations. why? maybe to see if he could effectively push you further on you trading career ambitions at the cost of his energies.
THE ALL is MIND; The Universe is Mental
  • #60,366
  • Nov 23, 2019 10:04pm Nov 23, 2019 10:04pm
China attacks U.S. http://uk.reuters.com/article/uk-chi...-idUKKBN1XX0AD
  • #60,367
  • Nov 23, 2019 10:10pm Nov 23, 2019 10:10pm
Quoting Jacque
"He said i am bookworm and not to speak to him. DO you think, i will not speak to him? he pointed out that i will waste my energies in reading books , commercial garbage, and not in live market. Market is best teacher. My takeaway from that is i should trade live market and focus my energies there. which i accept. my learning. so many things fti pointed out in us which we have learnt since birth." cannot learn hunting from reading books alone. but there is no wrong in reading books either. it is R&D so to improve one's skills. know what your enemy...
Serching for refinement to body building techniques is good body building activity.
Takes a fool search body building refinments when in hospital with arms amputated.
Only ego left?

Regards
  • #60,368
  • Nov 23, 2019 10:46pm Nov 23, 2019 10:46pm
Quoting fti
China attacks U.S. http://uk.reuters.com/article/uk-chi...-idUKKBN1XX0AD
Journalist lacking vocabulary and education at large.
  • #60,369
  • Nov 24, 2019 3:22am Nov 24, 2019 3:22am
Quoting fti
{quote} Serching for refinement to body building techniques is good body building activity. Takes a fool search body building refinments when in hospital with arms amputated. Only ego left? Regards
thank you FTI.

regards
Grasshopper
  • #60,370
  • Nov 24, 2019 3:44am Nov 24, 2019 3:44am
dear fti / seniors ,

with regard to dancing in both directions within an instrument eg eurusd,
how can it be done with a FIFO (first in first out) broker OANDA ?
it is easily done in MT4 with its hedging capabilities, but with OANDA ?
i find that if i were to dance in both directions w a FIFO broker, everytime i enter troops in the opposite direction, i am reducing my troops in the direction of the first troop/scout.

many thanks !
Attached Image
  • #60,371
  • Nov 24, 2019 5:37am Nov 24, 2019 5:37am
Quoting GEfx
{quote} Hi fti, hope you are well. It’ll be interesting to see what Trump does with the Hong Kong bill that passes the US House and Senate. It depends on what China need and wants for the next 5 years (right now, the odds of Trump being re-elected in 2020 are very high). Trump is ready to raise tariffs and walk away from China, and is willing to see US companies divest from China and invest elsewhere. I think this is his preferred outcome. If China wants a deal, they have to give more, sooner. If they refuse, Trump signs the Hong Kong legislation...
Yes watching too.
He like double talk.
But having cake and eating it, is not both possible.
Lets see if he capable to make stronger dollar decision.
But i not know, seems either way can invite a sell off.

Regards
  • #60,372
  • Edited 6:07am Nov 24, 2019 5:40am | Edited 6:07am
Quoting appleboy
dear fti / seniors , with regard to dancing in both directions within an instrument eg eurusd, how can it be done with a FIFO (first in first out) broker OANDA ? it is easily done in MT4 with its hedging capabilities, but with OANDA ? i find that if i were to dance in both directions w a FIFO broker, everytime i enter troops in the opposite direction, i am reducing my troops in the direction of the first troop/scout. many thanks ! {image}
FIFO is correct. Is standard accounting and backoffice practise.
Somethings wrong with your understanding of mo.whether is FIFO or not should not affect your value at risk neither your delta. But if it affects your capital then you are a greedy bastard and deserves gets killed by market untill you learn your lesson.


Only people whos brain is washed and blind not trade FIFO.

Any one start locking their buy sells should be in jail for tax evasion. Possible should be audited for money laundering. Some criminals use lock with different brokers evade tax.
Unless forex compliance dept is asleep. Then they should be investigated for curruption.

Unfortunately few regulators audit knows their job yet. Esp 3rd world.

Regards.

I know of 1 jap tm who did that.
I still wondering if he out of jail yet.
Anyway nick leeson is. Lucky chap.
  • #60,373
  • Nov 24, 2019 7:55am Nov 24, 2019 7:55am
Quoting appleboy
dear fti / seniors , with regard to dancing in both directions within an instrument eg eurusd, how can it be done with a FIFO (first in first out) broker OANDA ? it is easily done in MT4 with its hedging capabilities, but with OANDA ? i find that if i were to dance in both directions w a FIFO broker, everytime i enter troops in the opposite direction, i am reducing my troops in the direction of the first troop/scout. many thanks ! {image}
hi,

In addition to fti' post. Try understand following points:

1. As prop traders, there is nothing to hedge. you are taking risk e.g. long eur/usd pair to make a profit. If you short equal amount of eur/usd, then position is closed. No more risk. If you short some amount, then your position on long eur/usd is reduced. Risk is reduced.

2. Dancing in both directions is not equal hedging. It is ability to close all long and become short or vice-versa. Purpose is to capitalised on price movement.

MT4 hedging capabilities is a scam. Why? Opposing positions are not settled/closed. But PnL is locked, then positions are as good as non-existence . And how dare they still charged you interest on both open positions.

I sense you have fallen into the commercial garbage trap. If you are trading now, suggest you stop and read/understand carefully on market structure and types of market participants.
THE ALL is MIND; The Universe is Mental
  • #60,374
  • Edited 11:48am Nov 24, 2019 9:16am | Edited 11:48am
Quoting appleboy
dear fti / seniors , with regard to dancing in both directions within an instrument eg eurusd, how can it be done with a FIFO (first in first out) broker OANDA ? it is easily done in MT4 with its hedging capabilities, but with OANDA ? i find that if i were to dance in both directions w a FIFO broker, everytime i enter troops in the opposite direction, i am reducing my troops in the direction of the first troop/scout. many thanks ! {image}
Brother,

If FIFO is not available then close current position and flip in case you want to take opposite position. Other than legal and additional pip spread covering issue, mor pressing issue is Mindset.

If you have trade in both directions ( say 3 north and 4 south, effectively 1 south) what is your mindset? bear bias with scout of 1 or 7 positions in trade? I feel confused in such setup.

what you will do if sudden movement in up? will you flip again or you are bear.?

will you plan attack?( as 3 positions are in profit).
or prepare for rescue ( as 4 now in red).
above trade type only create confusion which won't allow you to take decision on position management. At the same time much capital is at Risk.


Be bull or be bear but not both. if bull think bull, if bear think bear all the time, until trade is closed and all come home.

Regards,
Ant
  • #60,375
  • Nov 24, 2019 10:37am Nov 24, 2019 10:37am
Quoting appleboy
dear fti / seniors , with regard to dancing in both directions within an instrument eg eurusd, how can it be done with a FIFO (first in first out) broker OANDA ? it is easily done in MT4 with its hedging capabilities, but with OANDA ? i find that if i were to dance in both directions w a FIFO broker, everytime i enter troops in the opposite direction, i am reducing my troops in the direction of the first troop/scout. many thanks ! {image}
good disciples of the great master,

can you please post your comments on this. some observations of mine. please feel free to correct me if i am wrong. i am ignoring the lot size.

AB - scout on the bullish bar
further all trades are on the bearish bars. notice most of them are on the breakdown of the short chart.
max risk of this 1st group of trades (white) was when -16x was deployed on the highest of the bearish bar (should have been looking bullish bar) at that time.
that risk was halved on the same bar.

the distance between the trades are also converging diverging depending on the attack levels.

the max power of attack is deployed just before a breakout and when it breaks out half of the risk is taken out.
  • #60,376
  • Nov 24, 2019 11:30am Nov 24, 2019 11:30am
Quoting pannet1
{quote} good disciples of the great master, can you please post your comments on this. some observations of mine. please feel free to correct me if i am wrong. i am ignoring the lot size. AB - scout on the bullish bar further all trades are on the bearish bars. notice most of them are on the breakdown of the short chart. max risk of this 1st group of trades (white) was when -16x was deployed on the highest of the bearish bar (should have been looking bullish bar) at that time. that risk was halved on the same bar. the distance between the trades...
My comments,

This is one of the possibility of many trades. As FTI said, you dont know his mindset, capital, foreign cap, bias before he took trade and all when he is in the trade.

what you are seeing is footprint of successfully executed trade.
Do not memorize it. it won't help. if you memorize it, you become regid.

just assume what you would do if after deployment of -16 there is strong up move? what's ur play to save those trapped attack troops? How long ur foreign cap survive ?

regards,
Ant
  • #60,377
  • Nov 24, 2019 11:38am Nov 24, 2019 11:38am
Quoting Jacque
"He said i am bookworm and not to speak to him. DO you think, i will not speak to him? he pointed out that i will waste my energies in reading books , commercial garbage, and not in live market. Market is best teacher. My takeaway from that is i should trade live market and focus my energies there. which i accept. my learning. so many things fti pointed out in us which we have learnt since birth." cannot learn hunting from reading books alone. but there is no wrong in reading books either. it is R&D so to improve one's skills. know what your enemy...
Yes brother, FTI is pointing direction and pushing me to be great trader.

I will thank him by keeping book in profit and growing, and doing something for someone when i can. That's what he wants, and that's exactly what I intend to do.

Hr saved me so many hours. i would have spent alot in reading about things not required now.

He is great and i do lov him.

regards,
ant
  • #60,378
  • Nov 24, 2019 9:43pm Nov 24, 2019 9:43pm
Quoting fti
China Innovation Investment Limited Anny here? AP News: Self-confessed Chinese spy spills secrets in Australia Self-confessed Chinese spy spills secrets in Australia https://apnews.com/5d40fcc832204801a33599bdeaf541c3
007 stuff.

https://www.facebook.com/67976027573...7341231308254/
  • #60,379
  • Nov 24, 2019 10:31pm Nov 24, 2019 10:31pm
Quoting fti
{quote} FIFO is correct. Is standard accounting and backoffice practise. Somethings wrong with your understanding of mo.whether is FIFO or not should not affect your value at risk neither your delta. But if it affects your capital then you are a greedy bastard and deserves gets killed by market untill you learn your lesson. Only people whos brain is washed and blind not trade FIFO. Any one start locking their buy sells should be in jail for tax evasion. Possible should be audited for money laundering. Some criminals use lock with different brokers...

for FIFO, it will not affect my value at risk if i trade in one direction only which is what i am doing.

i dont know how to calculate my delta.
i have searched the web but am unable to find an answer, can someone assist ?
  • #60,380
  • Edited 1:32am Nov 25, 2019 1:07am | Edited 1:32am
Quoting appleboy
{quote} for FIFO, it will not affect my value at risk if i trade in one direction only which is what i am doing. i dont know how to calculate my delta. i have searched the web but am unable to find an answer, can someone assist ?
Is very clear you have zero understanding of
I
1 fifo
2 mo
3 delta.

So no bluffology.

Delta of an outright position is position x1 when long, position x- 1 when short.
ZERO when squared.
Having equal long and short is
squared - unpaid spread and brokerage.

Regards

Ability trade 1 direction is great strategy only in a trend leg.
In a congestion leg, price spreads and brokerage will maim you.
Is good walk straight, but stupid on a winding road.

If your legs are not same length, you will walk....
Inserted Video


In perfect circles.

Thats why you need a compass. But if you walk only looking st thd compass. Its hight probability you will be dead in a pond or stream or from falling off a cliff.
Such simple thing also cannot understand?

You not use aa little brain cells understand. If high is 10 and low is 0 how my profits can be 30?

And stop the fifo shit talk, you're brain senget.
Don't mask to disguise stupidity. Looks stupid.
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