Remember, we must "let go and move on".
Now will there be another mile diatribe in response from people so wise and all-knowing or will there be talking about trading - the point of FF.
I guess I will go backing to "making my millions". cya.
- #401
- Dec 7, 2007 8:50am Dec 7, 2007 8:50am
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
Paranoi-a will destroy-a. It was a little attempt at humor. I no sooner dare to question the great one, that your other half scurried around Forex Factory and copy/pasted mine and SL's posts. The CIA should have as expert a surveillance agent as that.
Remember, we must "let go and move on".
Now will there be another mile diatribe in response from people so wise and all-knowing or will there be talking about trading - the point of FF.
I guess I will go backing to "making my millions". cya.
- #403
- Dec 7, 2007 10:35am Dec 7, 2007 10:35am
I am an avid observer of this thread. I have more listening than I do speaking at this moment, but am deeply interested in what is happening here. Sometimes silence is golden. So please do continue and accept the silence as AWE!
Regards,
NP
hear hear....
Yes, this thread is conducive to listening and reflecting...Fti is challenging us to do so...my appreciation goes to you and the rest of the well meaning folks here. I am sure there are a bunch like me, Daemien and NorthPro that are absorbing and ingesting the process. Fti is taking us on a voyage to self knowledge....it should help my "monkey mind".
Thank You and good health to all
Unus pro omnibus, omnes pro uno
- #405
- Edited 11:58am Dec 7, 2007 11:48am | Edited 11:58am
P.S. I was only arguing a point, not fti. And since it seems there's been around a dozen or so posts, pms and email excitement over all this I am fine if everything just moves on without me, too.
I just replied because fti wrote that he wanted to know what I think about this a few posts back. Nobody needs to agree with me; I am merely explaining myself.
:, I feel your heart is in the right place and that you are not posting for ill-motivation. Please stay with us.Like I said, I don't follow anybody blindly, so if I find an opposing view to you, it's only because I didn't feel what you said made sense to me. I would do the same to fti, as well, should anything he say not make sense to me, lol.
-------
Okay, people, I do see fti's concern with sharing his MM and strategy due to he is worried that he cannot babysit each trader (especially the less skilled ones) like he did with his trainee dealers previously. So, with that being said, EVERYONE has to make sure that they use their smarts when implementing any of what will be disclosed with his MM and strategies. It might not be for everyone, in fact, I know it will not be for everyone until you develop your skills, so I repeat ... take whatever you can from this thread that you can implement for wherever you are in your trading level and GO SLOW for those less skilled!
I am managing to go slow with what he has taught me so far, so I know it's possible, lol.
If you need to use a Stop Loss for peace-of-mind, then put a catastrophic one that is well outside the stop sweeps zones. I myself do not like that margin call aspect, lol. Sorry, fti, but I don't (and you best get used to trading on retail level, cuz it might not be the same as you were used to previously, thus you may have to adjust certain aspects yourself, I dont know, lol)
: Haha, he is going to scold me on that one, but so what, that's my opinion.In any case, do not implement anything shared here, until he is finished with the entire lessons, because you need to know the full concepts before you implement.
Please have patience.
Don't make me feel sorry that I talked him into creating this thread, lol.
- #406
- Dec 7, 2007 11:54am Dec 7, 2007 11:54am
- Joined Jul 2006 | Status: Charts + PA > * | 3,251 Posts
Trust price. Know yourself.
- #408
- Dec 7, 2007 2:19pm Dec 7, 2007 2:19pm
- Joined Jul 2007 | Status: Following The Trade Winds | 8,442 Posts
Hi pips_crusier,
I guess you're right. Too entranched into controlling risk.
Was surprised that came from a "Pro" trader. esp, a matured one.
regards
- #409
- Dec 7, 2007 2:29pm Dec 7, 2007 2:29pm
- Joined Mar 2007 | Status: Pip pip | 2,692 Posts
Leigh…..Your absolutely right I was far too kind to Zoran…Pull your self together Zoran you should know better fancy making an obvious mistake like that you were just far to gung hoe, don’t let it happen again.
I'm just waiting to learn fti's system and when it doesn't work
:Leigh…..Your absolutely right I was far too kind to Zoran…Pull your self together Zoran you should know better fancy making an obvious mistake like that you were just far to gung hoe, don’t let it happen again.
That's better Chris! How dare I post my analysis when others are at risk?!?!? I must ensure 100% accuracy without failure so now I owe some pips. I'm just waiting to learn fti's system and when it doesn't work, I'll claim them back and pay my dues! Why else do you think I've left the threads?
: (well, I guess it's okay, lol 
)
- #412
- Dec 7, 2007 3:40pm Dec 7, 2007 3:40pm
- Joined Mar 2007 | Status: Pip pip | 2,692 Posts
LOL, some faith you have
- #416
- Dec 7, 2007 6:41pm Dec 7, 2007 6:41pm
Hi David
Your thinking seems to be one step ahead of me. I'm not sure fti was getting into MM just yet, but I'm not fti so I can't be sure. I always thought patience is a very important trader trait.
Although GBP/JPY is my pet pair, I do follow cable (GBP/USD). I have attached my weekly chart and I tend to follow the trend until one of those lines are touched. I then expect a reversal but if the action shows otherwise, a break can indicate a nice continuation. So, i'm wondering how much longer this pair will continue within that channel (dark blue)? There is still some important support in the picture. The purple lines are my historical levels on the monthly.
So I have 6 lines on my chart... do you think it's overdressed? Perhaps fti can comment? I'll attach my monthly just for completion. Those lines have produced some nice profit, but I've had to be patient.
- #417
- Edited Dec 8, 2007 4:34am Dec 7, 2007 6:56pm | Edited Dec 8, 2007 4:34am
- Joined Mar 2007 | Status: Pip pip | 2,692 Posts
As compared to your usual posted chart analysis, u r beginning to learn to be a streaptease now.....no more butterfly and make up stuffs....
http://www.forexfactory.com/showthre...11#post1706811
No more wine so it's bed time here. Have a great weekend!
- #419
- Edited 3:51pm Dec 9, 2007 4:34am | Edited 3:51pm
Thanks Piters, for the math formulas behind the percentage gain loss recovery thingy
------
SeekingLight ... since I do believe you were sincere in your questioning/opposing viewpoint, I've been thinking about some of the things you have been saying and maybe this may make a little more sense to you ...
Firstly, I must ask ... have you read this entire thread or did you just read the first few pages and then the last page (the Monk story) to where you posted?
If this was the case, then you might want to read the entire thread and things may become a little more clearer as to what the lessons are about. If you grab a book and only read the first few pages, skip all the middle and jump to the end, how can you know what the story was really about? It would be very hard to make a clear judgment on the book unless you read it from beginning to end, no?
As to rules/guidelines and what you mentioned about "why make them in the first place if you are only going to break it" ... would you say that in these posts of yours that you might have made some guideline changes of your own?
http://www.forexfactory.com/showthre...15#post1744115
http://www.forexfactory.com/showthre...56#post1736656
http://www.forexfactory.com/showthre...13#post1740913
http://www.forexfactory.com/showthre...01#post1724801 (reference to "jumping out of EURAUD far too soon")
LOL, yes, I have good CIA skills:
Of course we know that not in all cases does changing guidelines work to ones favor, but we make the best assessment we can at the moment, and make our decisions based on our assessment at that given time. In some of your above cases, it could have very well gone the other way to which your decision would have been correct, but you don't know that at that time because you can't see into the future, and the results only become evident upon hindsight.
And sometimes traders make adjustments to their guidelines, that could very well prove in their favor.
Take for instance ... some traders start out by making a guideline to only trade with the trend, yet later, as they become more polished with their trading skills, they adjust their guidelines and start trading retracements, as well. Now, there's nothing wrong with that if they are skilled in what they are doing that they can do so successfully (I'm sure you know a few here on FF who do this).
But the lesson wasn't about whether Chinese should bind their feet, or whether the Monks should practice celibacy, nor was it about what kinds of rules/guidelines are made, or whether rules/guidelines are needed or not.
With this exercise/lesson about the Monks ... I see you as the Young Monk who over-analyzed and over-reacted to the situation. In your case, you had the need to dissect it to death, lol. Have there been occasions where you might have done the same with a trade? This Monk story exercise, may have had a valuable lesson in this for you (as it has for many of us) if that has been the case.
These type exercises/lessons can open our eyes and transpose very nicely to our everyday life/business/trading/relationships. I know after doing these lessons I try to relate them to my own life/business/trading/relationships. They're very thought provoking and enlightening, in my opinion.
I especially felt I wanted to post this to you because of this post of yours ...
... Please, don't ever give up trying to help people. There will be people who read your posts and will benefit by them (well, at least the ones that make sense anyway, lol . In my CIA search for your postings, haha, I have read some of them and you have a lot to offer and many good and valuable opinions/viewpoints.
I hope you can keep an open mind about this thread and fti's lessons, in hopes of getting some enlightenment of your own, as you have in the past and will probably do in the future, with your enlightening others
------
SeekingLight ... since I do believe you were sincere in your questioning/opposing viewpoint, I've been thinking about some of the things you have been saying and maybe this may make a little more sense to you ...
Firstly, I must ask ... have you read this entire thread or did you just read the first few pages and then the last page (the Monk story) to where you posted?
If this was the case, then you might want to read the entire thread and things may become a little more clearer as to what the lessons are about. If you grab a book and only read the first few pages, skip all the middle and jump to the end, how can you know what the story was really about? It would be very hard to make a clear judgment on the book unless you read it from beginning to end, no?
As to rules/guidelines and what you mentioned about "why make them in the first place if you are only going to break it" ... would you say that in these posts of yours that you might have made some guideline changes of your own?
http://www.forexfactory.com/showthre...15#post1744115
http://www.forexfactory.com/showthre...56#post1736656
http://www.forexfactory.com/showthre...13#post1740913
http://www.forexfactory.com/showthre...01#post1724801 (reference to "jumping out of EURAUD far too soon")
LOL, yes, I have good CIA skills
:Of course we know that not in all cases does changing guidelines work to ones favor, but we make the best assessment we can at the moment, and make our decisions based on our assessment at that given time. In some of your above cases, it could have very well gone the other way to which your decision would have been correct, but you don't know that at that time because you can't see into the future, and the results only become evident upon hindsight.
And sometimes traders make adjustments to their guidelines, that could very well prove in their favor.
Take for instance ... some traders start out by making a guideline to only trade with the trend, yet later, as they become more polished with their trading skills, they adjust their guidelines and start trading retracements, as well. Now, there's nothing wrong with that if they are skilled in what they are doing that they can do so successfully (I'm sure you know a few here on FF who do this
).But the lesson wasn't about whether Chinese should bind their feet, or whether the Monks should practice celibacy, nor was it about what kinds of rules/guidelines are made, or whether rules/guidelines are needed or not.
With this exercise/lesson about the Monks ... I see you as the Young Monk who over-analyzed and over-reacted to the situation. In your case, you had the need to dissect it to death, lol. Have there been occasions where you might have done the same with a trade? This Monk story exercise, may have had a valuable lesson in this for you (as it has for many of us) if that has been the case.
These type exercises/lessons can open our eyes and transpose very nicely to our everyday life/business/trading/relationships. I know after doing these lessons I try to relate them to my own life/business/trading/relationships. They're very thought provoking and enlightening, in my opinion.
I especially felt I wanted to post this to you because of this post of yours ...
Personally I am starting to think it's a flaw of mine. It's trying to perpetually help people that never asked to be helped in the first place and that's a bit too "missionary" like. It also means I'm too much involved and trying too hard to "prevent from doing evil" or something. Detachment is still my last biggest hurdle and I think it shows in the frantic news comment behavior. I'm going to try cutting down more - I've already almost posted/then deleted and closed half of the stuff I almost would have put up on other things(not only on news items but also on normal FF threads)..simply because I end up thinking "heck, it's not going to make a difference anyhow, people will find out the hard way". Usually you get the opposite of gratitude anyhow.
. In my CIA search for your postings, haha, I have read some of them and you have a lot to offer and many good and valuable opinions/viewpoints.I hope you can keep an open mind about this thread and fti's lessons, in hopes of getting some enlightenment of your own, as you have in the past and will probably do in the future, with your enlightening others
- #420
- Dec 9, 2007 7:44am Dec 9, 2007 7:44am
- Joined Sep 2006 | Status: Collector | 9,833 Posts
You're welcome
We are all here to Learn...
[quote=leighsww;1750724]Thanks Piters, for the math formulas behind the percentage gain loss recovery thingy
We are all here to Learn...
[quote=leighsww;1750724]Thanks Piters, for the math formulas behind the percentage gain loss recovery thingy