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Technical Analysis Fallacy

  • #15,881
  • Jun 3, 2010 11:03pm Jun 3, 2010 11:03pm
Yes, you are right, there is no fti-method. Therefore fti's trading could also be called ad-hoc trading, or trading based on your feeling of the market. The only method that is offered here is a method for rescues when your feeling has misled you.

Considering the previous, I'm surprised of the popularity of this thread.



Quoting auxesis
Dongsky,

Please understand, this isn't a method, it's how you trade. In it's most basic explanation "Buy Low, Sell High".

Everyone seeks the same in trading, what Fti stresses is not to be rigid in habit and relying on indicators for predictive entries....
  • #15,882
  • Jun 4, 2010 12:18am Jun 4, 2010 12:18am
Good morning Friends!

Wish you a successful trading session today.
Watchout for the major news events in US session.
So stay nimble and follow the flow.

CU,
MaMood
  • #15,883
  • Jun 4, 2010 12:44am Jun 4, 2010 12:44am
Quoting Piglet
Yes, you are right, there is no fti-method. Therefore fti's trading could also be called ad-hoc trading, or trading based on your feeling of the market. The only method that is offered here is a method for rescues when your feeling has misled you.

Considering the previous, I'm surprised of the popularity of this thread.
surprising that buying and selling needs methods, when all it requires is just a click of a button or a call on the phone

is that what you see? only rescues? careful coz you may need to be rescued one day if you keep that sort of mindset up.
  • #15,884
  • Jun 4, 2010 12:51am Jun 4, 2010 12:51am
Quoting jest1081
surprising that buying and selling needs methods, when all it requires is just a click of a button or a call on the phone

is that what you see? only rescues? careful coz you may need to be rescued one day if you keep that sort of mindset up.
  • #15,885
  • Jun 4, 2010 1:02am Jun 4, 2010 1:02am
wow MaMood, what's your system ?

The trading looked intense, you have above average brain power, you are the man.
  • #15,886
  • Jun 4, 2010 1:11am Jun 4, 2010 1:11am
yeah, that is what i see here, ad-hoc clicking of sell / buy button... and a lot of discussions of rescues


Quoting jest1081
surprising that buying and selling needs methods, when all it requires is just a click of a button or a call on the phone

is that what you see? only rescues? careful coz you may need to be rescued one day if you keep that sort of mindset up.
  • #15,887
  • Jun 4, 2010 1:40am Jun 4, 2010 1:40am
Quoting auxesis
Dongsky,

Please understand, this isn't a method, it's how you trade. In it's most basic explanation "Buy Low, Sell High".

Everyone seeks the same in trading, what Fti stresses is not to be rigid in habit and relying on indicators for predictive entries. There's always something "PA" that makes us enter and exit ,but you must be able to improvise and adjust profitably when the market throws you a curve ball to succeed and last in this business.

What Fti has done is pull back the veil and give a instruction and learning to that which has...

Hi aux,

not a method.. buy low and sell high. got it! thanks and i will be more focus from now on and be more flexible and to improvise. what you've said is so true, spot on mate again thank you, appreciate it all.

regards,
dongsky
Success consists of going from failure to failure without loss of enthusiam
  • #15,888
  • Jun 4, 2010 2:47am Jun 4, 2010 2:47am
Quoting Piglet
yeah, that is what i see here, ad-hoc clicking of sell / buy button... and a lot of discussions of rescues
Well, it is not that easy to discuss how you feel the market, is it?

Quote
Considering the previous, I'm surprised of the popularity of this thread.
You're right, it's just us being good in marketing it
  • #15,889
  • Jun 4, 2010 3:30am Jun 4, 2010 3:30am
Quoting Piglet
yeah, that is what i see here, ad-hoc clicking of sell / buy button... and a lot of discussions of rescues
You call it ad hoc, I say it is beyond rigid rules and robotic I/O iterations, it is battle feel from spies, scouts, riders, raiders and kamikaze fighters.
  • #15,890
  • Jun 4, 2010 3:43am Jun 4, 2010 3:43am
Quoting Baifu
You call it ad hoc, I say it is beyond rigid rules and robotic I/O iterations, it is battle feel from spies, scouts, riders, raiders and kamikaze fighters.
Kamikaze fighters
  • #15,891
  • Jun 4, 2010 4:15am Jun 4, 2010 4:15am
Happy trading day everyone! Big FA coming up in about 3 hrs and 15 minutes, but similar announcement (employment data) for Canada is in 1 hour 45 minutes, so if you track the CAD, your announcemnt is coming soon. I am moving with caution until then. Hope you are all well, and please avoid any kamikazi trading today -- LOL.
  • #15,892
  • Jun 4, 2010 4:29am Jun 4, 2010 4:29am
Quoting GEfx
Happy trading day everyone! Big FA coming up in about 3 hrs and 15 minutes, but similar announcement (employment data) for Canada is in 1 hour 45 minutes, so if you track the CAD, your announcemnt is coming soon. I am moving with caution until then. Hope you are all well, and please avoid any kamikazi trading today -- LOL.
Noted! thanks GEfx.
Success consists of going from failure to failure without loss of enthusiam
  • #15,893
  • Jun 4, 2010 4:42am Jun 4, 2010 4:42am
Quoting Setebos
Kamikaze fighters
AOW XI.14
On desperate ground, fight

except battle feel dies with dead fighter
  • #15,894
  • Jun 4, 2010 4:45am Jun 4, 2010 4:45am
Quoting Baifu
AOW XI.14
On desperate ground, fight

except battle feel dies with dead fighter
... but you need a lot of ammo and fighting experience to implement this concept, is it???
Success consists of going from failure to failure without loss of enthusiam
  • #15,895
  • Jun 4, 2010 4:51am Jun 4, 2010 4:51am
Quoting dongsky
ahahaha didn't mean to show off, just want to stress some points that even fti didn't becme my mentor and not a poster on this thread, just want to tell everybody how i became successfull with fti's method... maybe i will look big head to some but hey, i just don't want some people who didn't survive or make money using fti's method just question and bastardise fti himself....
Hi Dongsky,

You bought only one new Jaguar. I don't think it's that expensive anyway.
Tomorrow I'm going to buy 2 of them easily but the one I'm going to buy just tiny little toys . Just kidding

Congratulation we are a great good community here helping each other(sometime we fight but in a constructive way). I believe all of us should be happy for you. How is you new car? good ha? I love the car but I can't afford it. Happy for you.

I guess there might be somemore in hiding. Please show up tell us your success. We are proud of you. The most important is - Fti must be very happy.

Best regards,
  • #15,896
  • Jun 4, 2010 4:59am Jun 4, 2010 4:59am
Quoting dongsky
... but you need a lot of ammo and fighting experience to implement this concept, is it???
Yes, I agree

rgs
Baifu

Somewhat related, paste from TAF lounge Oct 28 2008 fti post (sorry don't know post #):

"Now who was it that has a problem with pig.
You are only piggish , if you are turning in bundles and triangles and congestions,
Turning after long runs and clear reversals is not piggish action, if that wasn't clear.
But if u turn and its wrong, then try not to turn again.

I think I wasn't crystal clear , so there's a misconception here.
But for peeps scalping ranges , turning is piggish.because thats turning in bundles and triangles and congestions.

PS: if you have major fundamental news , you may not only have to turn, but you may have to turn level up , to save book. Try not to do it at high levels like 4 or level 5. If you get caught lets say at level 3 then turn at the same level strength, if you have to."
  • #15,897
  • Jun 4, 2010 5:10am Jun 4, 2010 5:10am
Quoting Baifu
AOW XI.14
On desperate ground, fight

except battle feel dies with dead fighter
LOL, I hope you never make it do desperate ground. Once you do it doesn't matter if you read AoW or the Qur'an just like it makes no difference if you scream "Banzai!" or "Allahu Akbar" - you will be equally dead once you push the button
Old man's words: Always preserve capital!

I am having a crazy day so there won't be any trading for me today - will readjust my long term gold positions and that will be it.

Trade well guys!

@dongsky - share some pics, mate, don't be shy
  • #15,898
  • Edited 6:05am Jun 4, 2010 5:36am | Edited 6:05am
Hi Guys,

Up or down? daily chart. or wait to see real her when she undresses.?
tonight is the night she is going to undress. I sold EU but I'm coward chicken out only few pips that's it for today too. That's it down & down I missed 60 pips at least


Cheers,
Attached Image (click to enlarge)
Click to Enlarge Name: up down.jpg Size: 128 KB
  • #15,899
  • Jun 4, 2010 5:39am Jun 4, 2010 5:39am
Quoting Setebos

@dongsky - share some pics, mate, don't be shy
Agree with Setebos. I am very happy for dongsky and his success, and would also like to see a picture. I love Jaguars, but am a BMW man myself! Nice job, dongsky!
  • #15,900
  • Jun 4, 2010 5:41am Jun 4, 2010 5:41am
Quoting pete.alfa
Hi Dongsky,

You bought only one new Jaguar. I don't think it's that expensive anyway.
Tomorrow I'm going to buy 2 of them easily but the one I'm going to buy just tiny little toys . Just kidding



I guess there might be somemore in hiding. Please show up tell us your success....
hey pete thanks mate so sorry to all the community, didn't mean to be "show off", my bad... it won't happen again; but i'm really benefiting fti's ... err way of trading. there are actually 4 of us here in melbourne i.e. we talk, trade live and share to each other everything (good or bad) for that's the only way we'll learn.

We felt before that this thread is somekinda exclusive that's why we just tried to learn on our own but of course in constant monitoring on this thread. we even bought 1 spare monitor just for this thread purpose, we enjoy reading new posts.

as i've said, although we haven't had the chance of talking to fti or other senior contributors (posters) here but your voices and knowledgeable teachings and ideas helps us a lot... cannot explaing further

hey we can dance good now, and we always practice our troops in attacking and trying to familiarize ourselves in different battle field of in any given scenario.

thanks all and regards,

dongsky
Success consists of going from failure to failure without loss of enthusiam
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