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Technical Analysis Fallacy

  • #17,101
  • Jun 26, 2010 1:54pm Jun 26, 2010 1:54pm
Quoting fti
Grow up,
and stop selling idiosyncrasy.
desire+hard work = success

positive thinking is basis of desire.
over-confidence mind = idocracy+ego = destruction.

think of flying , flap your hands and jump out of high rise.
while you do that , think that you can fly.
You will surely succeed make it to the morgue.
Sorry, but that's not the message I got from it. You are seeing it as magic (and I suppose the commercial aspect might be pitching it in that way). Of course there is work involved. The basic message for me is seeing, feeling and understanding the possibility of something for it to be realised. I cannot see, feel or understand how flapping my hands will make me fly.

This guy describes your view very well.

Inserted Video
  • #17,102
  • Jun 26, 2010 2:03pm Jun 26, 2010 2:03pm
Quoting Zoran
Sorry, but that's not the message I got from it. You are seeing it as magic (and I suppose the commercial aspect might be pitching it in that way). Of course there is work involved. The basic message for me is seeing, feeling and understanding the possibility of something for it to be realised. I cannot see, fell or understand how flapping my hands will make me fly.

This guy describes your view very well.

http://www.youtube.com/watch?v=Et_jG58qg1k
So what's the secret?
desire (vision) + hardwork (Actions) = success (Achievements)
Ya, desires alone only gives you hernia.
That they call secret?
Even my dog knows that.
  • #17,103
  • Edited 2:26pm Jun 26, 2010 2:13pm | Edited 2:26pm
Quoting Zoran
Sorry, but that's not the message I got from it. You are seeing it as magic (and I suppose the commercial aspect might be pitching it in that way). Of course there is work involved. The basic message for me is seeing, feeling and understanding the possibility of something for it to be realised. I cannot see, feel or understand how flapping my hands will make me fly.

This guy describes your view very well.

http://www.youtube.com/watch?v=Et_jG58qg1k
Well, Another Lotto Player who never Buy his Lotto Ticket.. [Im sorry... but he is WRONG]

The Law of Attraction Works.. as all other Laws: [vacuum, Circulation, Giving/Receiving, Tithing, Creativity.. ect]
[that's topic for some other Thread]

c'ya .
  • #17,104
  • Jun 26, 2010 2:30pm Jun 26, 2010 2:30pm
Quoting fti
So what's the secret?
desire (vision) + hardwork (Actions) = success (Achievements)
Ya, desires alone only gives you hernia.
That they call secret?
Even my dog knows that.
The secret fti is that you can be a grumpy person and that my presence does seem to upset you.

But on a serious note, there is no secret. That's just what they called the video so they can sell more copies.

What I saw in the video (I watched all of it, not just the first 20 mins) was for some of those who have doubts - some who haven't understood the basic concepts and we know they are here, that this will only start working when - through understanding and with a positive attitude, they put in the effort and make it so.

It was to address some of the negative vibes we have recently seen in this thread. To try and turn around those with a negative attitude and show them there is a way.
  • #17,105
  • Edited 3:12pm Jun 26, 2010 2:51pm | Edited 3:12pm
Quoting Zoran
The secret fti is that you can be a grumpy person and that my presence does seem to upset you.

But on a serious note, there is no secret....
Not so much grumpy, was relaxed enjoying my music collection and sharing with those who cared to join.

Thats the point, people sell anything these days. Mystical hocus pokus.
I think you are not getting the point clear.
I am not the saviour of traders.
I gave what i have. Those that can relate and use it , I am happy for them.
Those who think nothing of it is fine, no problem. There's more than one way to skin a cat. Or get skinned.

I have to convince people of this?
I had done enough explaining and hands holding. Those that can, will, and those that can't should just move on, if there's nothing here for them.
I am not here to shaft this stuffs into anyone's throats. Its for the people who can see it. How you explain an airplane to the blind? There are not only some deaf and blind people here. There are also people with agendas.( of the unclean unkind)

Ideas, thoughts, they are welcome. But snake oil and egos, I dump them in the garbage , where they belong.

Sorry that i am not as benevolent as you. That which can be salvaged I try. Why do I want to turn around anyone who doesn't want to? They have attitude is not my problem. In fact that attitude is whats gonna kill them. My book and the books of those who want and are on the learning curve , that I have vested interest. Turning sour grapes into apples,is beyond me.
  • #17,106
  • Jun 26, 2010 3:06pm Jun 26, 2010 3:06pm
Quoting fti
Apologies
-no mentor, or course, or literiture can give anyone the holy grail to the secrets of success in trading in the markets.
-"and no one, sells the goose that lays golden eggs, probably the eggs, but never the goose"
Nevertheless, I will humbly attempt.

Since the late 70s and into the millinium.
Many "engineers" have made public, their inventions of reading probabilities into Technical Indicators. Many Technical Analysis Gurus came to the forefront to sell their research findings. To name a few,
The Grand daddy being Charles Dow and...
I could here agree with your quotes,
Having a head knowledge of all the technical analysis is not enough to real and success trading.

Ropat
  • #17,107
  • Jun 26, 2010 3:59pm Jun 26, 2010 3:59pm
Here is a screen shot of my attempt at this style of trading. This was done on Forex Tester so no money involved, but would appreciate any comments or thoughts. Look like I'm on the right track?
I sold into the short down trend until it reversed and then rescued for a small profit on the pullback. So I think. LOL
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  • #17,108
  • Jun 26, 2010 5:56pm Jun 26, 2010 5:56pm
Could this have anything to do with the "Spiral within Spiral" discusion?

Chaos occurs in objects like quadratic equations when they are regarded as dynamical systems by treating simple mathematical operations like taking the square root, squaring, or cubing and repeating the same procedure over and over, using the output of the previous operation as the input for the next (iteration). This procedure generates a list of real or complex numbers that are changing as you proceed - a dynamic system. For some types of functions, the set of numbers that yield chaotic or unpredictable behavior in the plane is called the Julia set after the French mathematician Gaston Julia, who first formulated many of the properties of these sets in the 1920s. These Julia sets are complicated even for quadratic equations. They are examples of fractals - sets which, when magnified over and over, always resemble the original image. The closer you look at a fractal, the more you see exactly the same object. Fractals naturally have a dimension that is not an integer - not 1 or 2, but often somewhere in between.
The black points in graphic representations of these sets are the non-chaotic points, representing values that under iteration eventually tend to cycle between three different points in the plane so that their dynamical behavior is predictable. Other points are points that "escape," tending to infinity under iteration. The boundary between these two points of behavior - the interface between the escaping and the cycling points - is the Julia set.
The totality of all possible Julia sets for quadratic functions is called the Mandelbrot set: a dictionary or picture book of all possible quadratic Julia sets. First viewed in 1980 by Benoit Mandelbrot and others, the Mandelbrot set completely characterizes the Julia sets of quadratic functions, and has been called one of the most intricate and beautiful objects in mathematics.

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  • #17,109
  • Jun 26, 2010 6:56pm Jun 26, 2010 6:56pm
Quoting Zoran
The secret fti is that you can be a grumpy person and that my presence does seem to upset you.

But on a serious note, there is no secret....
Everyone human looking himself or they say "I find himself" but who seeks and whom find?God is everything and everything is his ...
"One man" is trying to show you the winning path, try to think about his words ... "Sun Tzu learn very quickly ... and no mistake"
  • #17,110
  • Jun 26, 2010 7:43pm Jun 26, 2010 7:43pm
Quoting hcong168
Try screen capturing software, like snagit (see http://www.techsmith.com/screen-capture.asp), where you can snap the chart off the screen and add comment, lines, arrows, stamp images, highlights etc.

Snagit you got to pay for it (but I say worth it); Google and you will find other freewares too.
Thanks hcong168. Will check it out!
With wisdom comes humility. With humility comes wisdom!
  • #17,111
  • Edited 9:49pm Jun 26, 2010 9:09pm | Edited 9:49pm
[quote=fti;3831696]
Quoting pete.alfa
[color=Blue]

Pete, out of Eden, the evil commands all. All had sinned and come short the glory.
When you step into the light of the faithful, Your light shall be tested by the darkness. ( read testimony of Job)
http://www.readbookonline.net/title/16644/
[color=Red]beware evil is strong and...
Thanks Fti,
I'll read testimony of Job On my holiday next month including reread TAF page 1-200 again.

Best regards,
  • #17,112
  • Jun 26, 2010 9:42pm Jun 26, 2010 9:42pm
Quoting Gro
For you and all beings

PS Nothing there is something good and something bad (is relative), only "My point yourself".
If you want to change something, you have to do something you never do NEVER!!!Evil you knows better than, you know yourself.
Hi Gro,

Me myself have done part of it that's only my ability #my post page 1139 post 17082
"Me myself are doing my small part(tiny) charity. 10% of my income used to go to all kind of charities(tiny for my budget) even help friends of mine if they are in trouble but since my mum had an operation 5 months ago I'm saving for my parent future health problem (still 1 in that 10% go to charities)."
And I beleive most of us have done part of it too.

Further more I as I've seen how they kill the animals for our plates(I heard but not actually seen it). This time my intension I'm going to eat seafoods & veges first after holiday. Then I'll do some research how to eat properly to become vegetarian, by next year I will be vegetarian hopefully( Cos last time I managed only 4 months but I had to stop cos I was too thin my weight was only 47KGs). I'm a animals lover and also good for my health too(no cancer & reduce lots of decease).

When I was young as I told I was bad "done those & that excepted drugs"
"No Forgive & forget"
getting older "Forgive but not forget" and now grey hair completely forgive & forget.
I beleive in jesus said " love enemy as your love yourself" These words have lots & lots of meaning in them.

Nowaday I'm trying to be a good person but ppl do have sin.

In this TAF Fti is teaching is not only trading but everythings in life is in here too. How fortunate we are?

Regards,
  • #17,113
  • Jun 26, 2010 11:37pm Jun 26, 2010 11:37pm
Quoting pete.alfa
I've seen how they kill the animals for our plates
If you stop eating meat and let the farm animals roam free, they will soon die of starvation, disgusting diseases, or predators will tear them apart. If they breed, numbers will increase exponentially and put pressure on the land. Farmers will fence them out to stop them eating the plants the vegetarian humans want to eat.

If you stop eating meat, meat-producers will grow poor and treat their animals even more badly.

People need a change of heart, not a change of diet. How hard can it be to treat farm animals well and kill them painlessly and instantly? Pay a little extra for meat produced this way and pass laws to certify its quality. This will encourage better farming practices. Then enjoy your steak without guilt or revulsion.

Just my view.
  • #17,114
  • Jun 27, 2010 12:09am Jun 27, 2010 12:09am
Quoting Zoran
The secret fti is that you can be a grumpy person and that my presence does seem to upset you.
ya. reminds you of anyone?

Inserted Video
  • #17,115
  • Jun 27, 2010 12:32am Jun 27, 2010 12:32am
Quoting fti
ya. reminds you of anyone?

http://www.youtube.com/watch?v=yV7MELY44DQ
it's very nice fti, reminscense of my yesteryears... tearfully remembering those good old days.

regards,
dongsky
Success consists of going from failure to failure without loss of enthusiam
  • #17,116
  • Jun 27, 2010 1:36am Jun 27, 2010 1:36am
Quoting tubguy
Here is a screen shot of my attempt at this style of trading. This was done on Forex Tester so no money involved, but would appreciate any comments or thoughts. Look like I'm on the right track?
I sold into the short down trend until it reversed and then rescued for a small profit on the pullback. So I think. LOL
I think, the impulsive wave is up. Your last rescue is the one makes the different. But if your last rescue failed, then you're in more trouble.

I'm not sure but this is my personal reading.
  • #17,117
  • Jun 27, 2010 2:07am Jun 27, 2010 2:07am
Inserted Video

sorry for offtopic ... I'm oilman from background ... And it was known from beginning that only drilling will help ...
Video is very funny
it's o'k to win ...
  • #17,118
  • Jun 27, 2010 3:27am Jun 27, 2010 3:27am
Quoting tubguy
Here is a screen shot of my attempt at this style of trading. This was done on Forex Tester so no money involved, but would appreciate any comments or thoughts. Look like I'm on the right track?
I sold into the short down trend until it reversed and then rescued for a small profit on the pullback. So I think. LOL
Hello Tugbuy. Here is my point of view... regards
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  • #17,119
  • Jun 27, 2010 5:25am Jun 27, 2010 5:25am
This G-20 meeting is full of disagreements, USA wants EU to contine stimulus, EU aims to put its deficits into shape by cutting spending. They don't agree on bank levies. Is there something they have agreed on? I wonder how the market will react after this meeting, the charts will show surely.

It's gona be battlestations after several hours, so good luck guys.

Regards, MyTbo
  • #17,120
  • Jun 27, 2010 6:05am Jun 27, 2010 6:05am
Quoting tubguy
Here is a screen shot of my attempt at this style of trading. This was done on Forex Tester so no money involved, but would appreciate any comments or thoughts. Look like I'm on the right track?
I sold into the short down trend until it reversed and then rescued for a small profit on the pullback. So I think. LOL
More of an accumulation than trend. Hindsight is 20/20 anyway.

Time frame specific. Loading attacks that close together with real money will magnify your emotional attachment to those positions. Happens to me I know. Spread attack, spread risk, let emotions breath and thoughts have a chance.
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