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Technical Analysis Fallacy

  • #62,941
  • Nov 13, 2020 9:42am Nov 13, 2020 9:42am
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  • #62,942
  • Nov 13, 2020 9:50am Nov 13, 2020 9:50am
Quoting JeBrak
{quote} Will think about this, thank you again.
I think a big question is ... how much do you enjoy trading? If its something you are passionate about...is it still jail?
its hard to do things long term just for the money if you dont enjoy it. I think one of the big factors in fti's success is his passion for this business which you can see throughout this thread.

I wish you the best of luck in your journey.
  • #62,943
  • Edited 2:38pm Nov 13, 2020 1:38pm | Edited 2:38pm
Quoting dbrown101
{quote} I think a big question is ... how much do you enjoy trading? If its something you are passionate about...is it still jail? its hard to do things long term just for the money if you dont enjoy it. I think one of the big factors in fti's success is his passion for this business which you can see throughout this thread. I wish you the best of luck in your journey.
Ya but you should watch him carefully.
He seems knows more about mymymy mo in action than you do.

Do you remember what's rule#3?

I must not forget inject my 18 units insulin daily before I drink my chocolate milk shake.

Many a times I remember rules, drink milk shake and forgets the insulin until I becomes hyper.

Many a times I feel so very hypo and reading comes back at above 25. Unbelievable, feelings.

Regards

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  • #62,944
  • Edited 4:47pm Nov 13, 2020 4:19pm | Edited 4:47pm
Quoting fti
{quote}Do you remember what's rule#3? https://youtu.be/iWOz2GrmLG4
rule #3 is --Don't forget rule #1 --->

rule #1 is preservation of capital

im finding that my issue is mostly with mindset which I am working on correcting. wanting to be correct direction/timing and wanting to know why moves are happening leading me to try to acquire knowledge instead of focusing on trading skills through experience. This post is helping -->

https://www.forexfactory.com/thread/...2#post13260512

and --->https://www.forexfactory.com/thread/...9#post13260579

adjusting skews/positions and preserving capital to put myself beyond defeat until the opportunity to defeat the enemy comes. rather than worrying if I am perfect timing...
  • #62,945
  • Nov 13, 2020 8:36pm Nov 13, 2020 8:36pm
Quoting dbrown101
{quote} im finding that my issue is mostly with mindset which I am working on correcting. .
You already detected mindset weakness.
There is nothing to work on to correct.
Drop the wrong way and habits.
Just adopt new mindset. No more Mr perfectionist. Is keep adjusting to her signal for you adjust to sweet spot.
Working on changing is for handicapped people. Just change. Takes 1 decision and keep on new perspective.

Don't show me lameness, change or die.

Regards

If you change to new mindset and it's not working, then you need ask and try figure out what's need correcting. Don't sit there ask heater for heat before put in wood. Burn ash meh?
  • #62,946
  • Nov 13, 2020 8:44pm Nov 13, 2020 8:44pm
Quoting dbrown101
{quote} adjusting skews/positions and preserving capital to put myself beyond defeat until the opportunity to defeat the enemy comes. rather than worrying if I am perfect timing...
Money and cap management already given you black and white. Even a monkey can be trained impliment it. Just use some arithematics work out your stages and implement.

Don't keep telling me your arsehole need to be toilet bowl aligned before you can shit.
If you need shit just point it and shit.

Procrastinating mind you have. Lots belching no vomit.

No more excuses, do otherwise go find other mo.

Regards
  • #62,947
  • Nov 14, 2020 2:26am Nov 14, 2020 2:26am
Hahahaha may SOON.
Time traveller reporting?

Russia’s national wealth fund may soon be allowed to invest in gold https://www.rt.com/business/506624-r...lth-fund-gold/

May soon be lots things.

Regards
Coming soon?
Next change?
Midnight special?
  • #62,948
  • Nov 14, 2020 2:42am Nov 14, 2020 2:42am
I think I going ask, no one help no one here.
Read , learn , use, or f off.

Maybe u are correct , my friend.

Too many soft spines and they believe we can mend their broken spines.

No you cannot screw with that.
Use the dick head screw driver.

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  • #62,949
  • Nov 14, 2020 2:51am Nov 14, 2020 2:51am
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  • #62,950
  • Nov 14, 2020 4:46am Nov 14, 2020 4:46am
Quoting dbrown101
{quote} I think a big question is ... how much do you enjoy trading? If its something you are passionate about...is it still jail? its hard to do things long term just for the money if you dont enjoy it. I think one of the big factors in fti's success is his passion for this business which you can see throughout this thread. I wish you the best of luck in your journey.
The thing is that I am possessed with trading (who can imagine, person can enjoy watching how price changing). My first thought was I have gambler disease , so now I do "reality check" every day. Thank you for your caring.
  • #62,951
  • Nov 14, 2020 5:36am Nov 14, 2020 5:36am
Hello fti! Thank you one more time for all your wisdom in this thread! have some question about attack/rescue sequence, I use 1 1 3 5 attack and 2 8 13 21(never use 21 and 13 seldom)Some time I want more big attack like 1 1 3 5 8 but then rescue 2 13 21 I'm not sure if this will be enough. Wish health and happiness!
  • #62,952
  • Edited 7:00am Nov 14, 2020 6:43am | Edited 7:00am
Quoting protuberanec
Hello fti! Thank you one more time for all your wisdom in this thread! have some question about attack/rescue sequence, I use 1 1 3 5 attack and 2 8 13 21(never use 21 and 13 seldom)Some time I want more big attack like 1 1 3 5 8 but then rescue 2 13 21 I'm not sure if this will be enough. Wish health and happiness!
Hahahaha what type of golden ratio is this?
Ffnaci?
4 step 10 denominator you call an attack.
What are you attacking?
Even one 5 wave sequence is 16 steps basic.
Could be up to 21 steps if extended.
Could be up to 42 steps if extended flats.

4 steps? What's you attacking?

Rescue to fibo ratio non existent.
1 to 4.4 rescue ratio , worst than martingale.

Then you show another Fratio 5 step attack.
So is only 1 step per 5 waves.

Rescue ratio 3 steps martingale.
What you can rescue with 3 step martingale?

I really not understand why your Fibo skews like that.
Different god's?

You are sure I showed you this skews?
Show me, where?

Regards

Hahahaha
3 step rescues.
So you only capable rescue retracements.
If trends 5 waves all your army is dead.

So you rescue your army trading retracements.
How you suppose tackle trends?

Please re-read thread.

Regards

Even a kid can calculate a fibo.
You have problem with fibo?

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Do you also understand what is a mathematical base multiplier?

I feel so lucky fti didn't invented Fibo.
Otherwise there maybe all sorts skews.
Now at least is fibo's fault.
  • #62,953
  • Nov 14, 2020 7:02am Nov 14, 2020 7:02am
I sure hope no one curses me for not inventing moving averages.

Curse Dow.
Charles Dow. Not Charles hebo



Regards
  • #62,954
  • Nov 14, 2020 7:11am Nov 14, 2020 7:11am
I think is nearly time I no more entertain idiocracy.
Is more than 10 years already.
Was suppose make you peeps master traders in 6.
So please excuse, I no energy entertain craziness.
I need the energy for breathing.

Regards

I just realised at this festival of lights.
Most brains lives in the darkness.
They cannot go out buy food because of virus.
But they can buy firecrackers, burn their house to the ground. I hope soon no more oxygen, so they no need breath anymore.
  • #62,955
  • Nov 14, 2020 8:22am Nov 14, 2020 8:22am
Quoting fti
I think is nearly time I no more entertain idiocracy. Is more than 10 years already. Was suppose make you peeps master traders in 6. So please excuse, I no energy entertain craziness. .
“Get beyond love and grief: exist for the good of man.” Minamoto Musashi . Thank you for patience!
  • #62,956
  • Edited 11:03am Nov 14, 2020 9:46am | Edited 11:03am
Quoting fti
{quote} Hahahaha what type of golden ratio is this? Ffnaci? 4 step 10 denominator you call an attack. What are you attacking? Even one 5 wave sequence is 16 steps basic. Could be up to 21 steps if extended. Could be up to 42 steps if extended flats. 4 steps? What's you attacking? Rescue to fibo ratio non existent. 1 to 4.4 rescue ratio , worst than martingale. Then you show another Fratio 5 step attack. So is only 1 step per 5 waves. Rescue ratio 3 steps martingale. What you can rescue with 3 step martingale? I really not understand why your Fibo...
No I have no problem with fibo 1 1 2 3 5 8 13 21 etc. Cause my scout really small, I choose 1 1 2 3 5 attack and 2 8 13 rescue. Its not coherent with waves. it might be 1 1 at 1st 3 in 3rd and 5 in 5 wave.
I read in thread that you recommend 1 3 5 attack 1 in 1st wave 3 3rd and 5 at five wave and rescue wait max 7 candles then 1 and then 5, then surrender. But cause my scout is real small and I can send 50 troppers I think try this some unlogical sequence. Thanks for answering. Sorry for embarrassed you.
  • #62,957
  • Nov 14, 2020 11:47am Nov 14, 2020 11:47am
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Quoting fti
{quote} Hi piphitman, As combination of spiral 1,1,3 would be a better combination as your attck would be stronger. howerever 112 gives you the 1123 range of capabilities. when attack is over, the winding down should leave normally only base. ie scout. On second wave when you do a 113 again, the effective is actually on 2 base as one was left over, 2,1,3 then on wave 3 the base becomes as large as the attack, effectively 3,1,3 as 2 was left over. if the short term trend ride was succesful the base should be winded to the original of 1. You can work...
  • #62,958
  • Edited 4:07pm Nov 14, 2020 3:53pm | Edited 4:07pm
Quoting protuberanec
{quote} No I have no problem with fibo 1 1 2 3 5 8 13 21 etc. Cause my scout really small, I choose 1 1 2 3 5 attack and 2 8 13 rescue. Its not coherent with waves. it might be 1 1 at 1st 3 in 3rd and 5 in 5 wave. I read in thread that you recommend 1 3 5 attack 1 in 1st wave 3 3rd and 5 at five wave and rescue wait max 7 candles then 1 and then 5, then surrender. But cause my scout is real small and I can send 50 troppers I think try this some unlogical sequence. Thanks for answering. Sorry for embarrassed you.
Hahahaha
"It's not coherent with waves."
I can accept that.
So what's dang purpose of the series?
Why you not use random number?
May work just as well, maybe even better if you know the character of your build.

We talking series stability and you inject 7. candles.
7 candles is tenure strategy.
Is like waiting cake baking in oven.
So what it got to do with series?

You seem making big rojak of cost stability strategy and tenure exposure limits.

Ya , truth.
You like surprises, with "unlogical" hahahaha
That's great.
I love em too. Only on birthday parties.
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Don't worry about embarrassment.
Here is , help everyonewho ASK.
I don't watch you kissing someone else gf while watering your lawn.
I not not know who you are and how poor or rich you are. 1 word I not Google.

I never embarrassed for knowledge and innovation, study, r&d, or experimentation.
For me learning keeps me alive with purpose.

I embarrassed for ego and chip on shoulder exuberance scorpions. And Mr smart dick kids.

My parents gave me life. So that I may learn about life. and become extension of their great knowledge.

Will take some time but will give you some lessons about structure stability when energy level is better. It's called timed kill.


Regards

Thank u tube for klip
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  • #62,959
  • Nov 14, 2020 4:27pm Nov 14, 2020 4:27pm
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  • #62,960
  • Nov 14, 2020 4:35pm Nov 14, 2020 4:35pm
Quoting fti
{quote} Hahahaha "It's not coherent with waves." I can accept that. So what's dang purpose of the series? Why you not use random number? May work just as well, maybe even better if you know the character of your build. We talking series stability and you inject 7. candles. 7 candles is tenure strategy. Is like waiting cake baking in oven. So what it got to do with series? You seem making big rojak of cost stability strategy and tenure exposure limits. Ya , truth. You like surprises, with "unlogical" hahahaha That's great. I love em too. Only on...
Thanks for the clarification, I re-read the thread again to find the answers. I asked not to argue, but to understand, because I did not understand this moment. If its not bothering you can explain attack/rescue sequence. Thanks again
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