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The Ultimate Fallacy in Technical Analysis 99 replies

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Technical Analysis Fallacy

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  • Post #62,901
  • Quote
  • Edited at 6:10pm Nov 7, 2020 4:10am | Edited at 6:10pm
  •  Spikehunter
  • Joined Mar 2006 | Status: Member | 655 Posts
Quoting fti
Disliked
{quote} You no have thread. Need hijack someone else's injecting you rubbish? Sell u programming skills elsewhere. This is a trading skills thread. After you got enough skills write a proper trading platform, then you try sell it. No give us half Pass six codes that fails. Rubbish.
Ignored
This is not YOUR thread and I am not selling anything. This was an example to show what I was talking about.
If you wish to post your sort of drivel then go ahead and I WILL post what I consider appropriate.
End of.

Have you hacked someone else's account as you seem to have lost the plot. From reasonable posts to absolute drivel. My programming skills have always been provided freely to those who have needed them and if I could help.
How small minded of you to block my posts but looks like I can still make my point.

Just like most of your other posts, just drivel and nothing about trading. You know nothing about me. You don't know what skills I have or not. You are an ego maniac posting for his own self gratification. Bye.
  • Post #62,902
  • Quote
  • Edited at 5:51am Nov 7, 2020 4:26am | Edited at 5:51am
  •  fti
  • Joined Nov 2007 | Status: member | 19,686 Posts
"[quote=Spikehunter;13250908]{quote} This is not YOUR thread and "

You rubbish.
Such trivial info also gets wrong and he wants to trade. Hahahaha
  • Post #62,903
  • Quote
  • Edited at 5:37am Nov 7, 2020 5:19am | Edited at 5:37am
  •  fti
  • Joined Nov 2007 | Status: member | 19,686 Posts
Sorry my friends.
Had to lock the idiot out.
Lots ego and no respect, probably also skillsless.
Anyways, now he know it's my thread.

I not sure of his coding skills.
But his trading skills is much to be desired.

The worst development of compucharting is the constantly adjusting price and time scales.
Although time axis has to keep moving forward, any trader with a brain and is analysing markets will lock the price scaling.
This is because if the price scaling changes constantly. The analysis takes new perspective constantly.
In other words.his analysis of the range is constantly wrong.
To get price wrong is bad.
To get price range wrong constantly is disaster waiting to happen.

If you get price scaling wrong. You need change time scaling forward. IE if 5 min to 15 min charts.

Regards

This also reason why chartist who is manual mode, uses 5 by 5 grid charts.
2
  • Post #62,904
  • Quote
  • Nov 7, 2020 10:28am Nov 7, 2020 10:28am
  •  fti
  • Joined Nov 2007 | Status: member | 19,686 Posts
Hahahaha guess which cs is back.
Just cun,t stay away.
spoils the soup.
Eeeeere no you cun,t change your vote already.
But you can always lie about it.
  • Post #62,905
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  • Nov 7, 2020 10:28am Nov 7, 2020 10:28am
  •  fti
  • Joined Nov 2007 | Status: member | 19,686 Posts
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  • Post #62,906
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  • Edited at 11:03am Nov 7, 2020 10:35am | Edited at 11:03am
  •  fti
  • Joined Nov 2007 | Status: member | 19,686 Posts
Wah g7 on its way.
Just can,t keep up.
G10 la.
Then join W10 make 1 big F.

BBC News - China sends world's first 6G test satellite into orbit
https://www.bbc.co.uk/news/world-asia-china-54852131

Send spy info home in a blink.
Maybe dialup is better.
Has sound.
Inserted Video


Spy's gets caught by sound.
Who needs send text so fast.only spy's and money laundry

Also pirated movies?

New industry.
Locked down.
Just search YouTube movies.
They going evil big files.

Many not watched Chinese pirated movies cd in a long time. New trend coming. Discless?

YouTube porn??

You advert on my page I will show world.
So you best stop. Otherwise more fines and profit sharing to deal with.
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  • Post #62,907
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  • Nov 7, 2020 3:34pm Nov 7, 2020 3:34pm
  •  fti
  • Joined Nov 2007 | Status: member | 19,686 Posts
All money.
No morals.
No ethics.

Screwed humanities.
  • Post #62,908
  • Quote
  • Nov 7, 2020 3:36pm Nov 7, 2020 3:36pm
  •  fti
  • Joined Nov 2007 | Status: member | 19,686 Posts
'There are bacteria in vaginas all over the world': Lazio president uses bizarre analogy to question Covid testing system https://www.rt.com/sport/506016-lazi...cteria-vagina/
1
  • Post #62,909
  • Quote
  • Nov 7, 2020 3:42pm Nov 7, 2020 3:42pm
  •  fti
  • Joined Nov 2007 | Status: member | 19,686 Posts
Let's see if there is anyone left with moral fiber.
Watching.

BBC News - US election result: What Biden's victory means for rest of world
https://www.bbc.co.uk/news/election-us-2020-54801409

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  • Post #62,910
  • Quote
  • Nov 7, 2020 3:59pm Nov 7, 2020 3:59pm
  •  fti
  • Joined Nov 2007 | Status: member | 19,686 Posts
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Now , the markets.
Free markets.
  • Post #62,911
  • Quote
  • Edited at 10:19pm Nov 7, 2020 9:51pm | Edited at 10:19pm
  •  fti
  • Joined Nov 2007 | Status: member | 19,686 Posts
Example

Power only.
No morals.
Non humans.
Rubbish animals behaviours. Bulldozer mentality.
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Don,t ever trade with such minds.
More important, stay away from such monsters.
  • Post #62,912
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  • Nov 12, 2020 7:49am Nov 12, 2020 7:49am
  •  JeBrak
  • | Joined Feb 2017 | Status: Member | 112 Posts
HI
First of all I want thank you wholeheartedly for sharing your knowledge and being a kind person. I want to wish you longevity and health. So far I have read half of the thread and doing my homework (AOW, John Hill and so on). But as you said you can't learn trading by reading, so I practice, practice and try to internalise this knowledge. A lesson about self-destructive nature helped me a lot not only in trading but in life as well. I want ask you a question, sometimes during trading I have a special state of mind (difficult explain in words) when I know What and When I should do, I am calm and don't have any emotions at all, but it happens not so often. Can this state be achieved by practise, meditation or alcohol ? Sorry for my mistakes as English not my native language. I wish you all the best.
  • Post #62,913
  • Quote
  • Edited at 8:54am Nov 12, 2020 8:30am | Edited at 8:54am
  •  fti
  • Joined Nov 2007 | Status: member | 19,686 Posts
Quoting JeBrak
Disliked
HI First of all I want thank you wholeheartedly for sharing your knowledge and being a kind person. I want to wish you longevity and health. So far I have read half of the thread and doing my homework (AOW, John Hill and so on). But as you said you can't learn trading by reading, so I practice, practice and try to internalise this knowledge. A lesson about self-destructive nature helped me a lot not only in trading but in life as well. I want ask you a question, sometimes during trading I have a special state of mind (difficult explain in words)...
Ignored
Hi thank you for kind words.

While trading. What you describe as your special state of mind is basically when you in full control of your book. This is not so special as all traders enjoys it when books are profitable AND when "pain tolerance" is not being tested by the markets. Trade emotions normally very steady until market stresses you ,cap wise or when on high skews.

There are many ways control human emotions. It's different things to different people. Mostly feel will be well maintained, if trades are not treated as personal and trader has a standard of practise which he practises regularly. The further away from risk of ruin is the trades, the easier the trade scenario can be managed.
In sunchee words," know thyself well " is first steps, no need fear 1000 battles.

Regards

Also be reminded that humans state of mind is body chemical and fluid influenced.
May have short term effects. Long term developments I not so confident. Some irrigation is possible.
2
  • Post #62,914
  • Quote
  • Nov 12, 2020 9:23am Nov 12, 2020 9:23am
  •  JeBrak
  • | Joined Feb 2017 | Status: Member | 112 Posts
[quote]" know thyself well "/quote]
Thank you for answer. It seems “If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle.”
But what helps human being in learning themselves except life experience?
  • Post #62,915
  • Quote
  • Nov 12, 2020 9:41am Nov 12, 2020 9:41am
  •  JeBrak
  • | Joined Feb 2017 | Status: Member | 112 Posts
Quoting fti
Disliked
{quote} Mostly feel will be well maintained, if trades are not treated as personal and trader has a standard of practise which he practises regularly .
Ignored
So final result should be like "muscle memory" - your answer depends on what going on chart without thinking?
  • Post #62,916
  • Quote
  • Nov 12, 2020 12:31pm Nov 12, 2020 12:31pm
  •  fti
  • Joined Nov 2007 | Status: member | 19,686 Posts
[quote=JeBrak;13259996]
Quote
Disliked
" know thyself well "/quote] Thank you for answer. It seems “If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle.” But what helps human being in learning themselves except life experience?

He who refuses learn.
Noone can possibly help.
He who experiences, no one can remove that which he had experienced.
  • Post #62,917
  • Quote
  • Nov 12, 2020 12:35pm Nov 12, 2020 12:35pm
  •  fti
  • Joined Nov 2007 | Status: member | 19,686 Posts
Quoting JeBrak
Disliked
{quote} So final result should be like "muscle memory" - your answer depends on what going on chart without thinking?
Ignored
Much of muscle memory and expanding skillsets with experience. But of course these can only come by with structural and necessary basics.
Basics in wrong perspective builts slanting mountains.nevertheless still some form of mountain.

Regards

And there is no final analysis, is an eternal learning curve. But one can retire taste the fruits when sufficiently satisfied do so. But in the real sense, is eternal curve.
  • Post #62,918
  • Quote
  • Edited at 1:02pm Nov 12, 2020 12:42pm | Edited at 1:02pm
  •  fti
  • Joined Nov 2007 | Status: member | 19,686 Posts
[quote=JeBrak;13259996]
Quote
Disliked
" know thyself well "/quote] Thank you for answer. It seems “If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle.” But what helps human being in learning themselves except life experience?
well read.

Regards

In quoting Murray banks.
Your broken finger can recovers without your help.
A broken persona, not possible. Needs be stirred. No steering wheel , it sit wait for directions.
But also remember, too many cooks, the soups 'COOKED. Ok who's got the rabbit?
Alice?

Yaya but.....
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  • Post #62,919
  • Quote
  • Nov 12, 2020 1:00pm Nov 12, 2020 1:00pm
  •  JeBrak
  • | Joined Feb 2017 | Status: Member | 112 Posts
Quoting fti
Disliked
{quote} Basics in wrong perspective builts slanting mountains.nevertheless still some form of mountain.
Ignored
Thank you for advice and your time. Will try to build my "trading" house on the solid foundation.
  • Post #62,920
  • Quote
  • Edited at 1:18pm Nov 12, 2020 1:03pm | Edited at 1:18pm
  •  fti
  • Joined Nov 2007 | Status: member | 19,686 Posts
Quoting JeBrak
Disliked
{quote} Thank you for advice and your time. Will try to build my "trading" house on the solid foundation.
Ignored
Had always wanted to say.
Self help?

Is best help.


Regards

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