Battlestations!
DOW and DAX are diving in sync ....
EURUSD and Cable too
DOW and DAX are diving in sync ....
EURUSD and Cable too
Technical Analysis Fallacy
- #19,622
- Edited 5:08am Oct 12, 2010 4:32am | Edited 5:08am
- | Joined Mar 2009 | Status: Trader | 1,849 Posts
[quote=MaMood;4087452]Hi Fana!
Have not read anything from you for a long time. Hope things are going well for you!
Hi MaMood. Thank you for explanation. I was not here because i have a plan and this plan consists of earning money for a new account. I just follow advice not to be undercapitalized. So my priority is at least $5.000 acount first. But i consider starting with $10.000.
-I was employed in call centre. But they had to get me off. Because i did for the first month 30% more contracts than the second best. So they had to pay me all premiums... Now i was helping my father with harvest in his range. And now i have a break in "earning". I also rent my flat so i have some additionall income. Soon i will find some job to have that at least $5000 free for trading. And when im starting again i let the rented house rented-for some first months, so i will have some support. Thats my plan
Good trading
Have not read anything from you for a long time. Hope things are going well for you!
Hi MaMood. Thank you for explanation. I was not here because i have a plan and this plan consists of earning money for a new account. I just follow advice not to be undercapitalized. So my priority is at least $5.000 acount first. But i consider starting with $10.000.
-I was employed in call centre. But they had to get me off. Because i did for the first month 30% more contracts than the second best. So they had to pay me all premiums... Now i was helping my father with harvest in his range. And now i have a break in "earning". I also rent my flat so i have some additionall income. Soon i will find some job to have that at least $5000 free for trading. And when im starting again i let the rented house rented-for some first months, so i will have some support. Thats my plan
Good trading
- #19,625
- Oct 12, 2010 8:10am Oct 12, 2010 8:10am
- | Joined Aug 2007 | Status: Senior Member | 1,798 Posts
[quote=Fana;4089790]
fana , when u were starting out , i emailed u n told u not to put more than few hundreds bux into ur first account simply because i knew u wld blow it...
it doesnt matter if ur account is 100 bux or 10000 bux , if u have the skill u can double ur capital in every period of time ...
all u need to do is make sure u acquire such innate skill without throwing a lot of money ... start with few hundreds n have the goal to double it...
i hate to see people wasting money unnecessarily ... u just blew ur account and that means u r still far away from any profitability , u ll mostly likely blow ur next account too , so keep it small ...
capitalization is not why u blew that previous account , lack of skill is why ...
this is the same thing I told anyone who seek out my advice n noone actually does it ... i learned its improbable for people to learn from others , they will eventually learn it though, the hard way...
my grammar is getting worst from lack of social contacts ,pardon me error haters
...
Hi Fana!
it doesnt matter if ur account is 100 bux or 10000 bux , if u have the skill u can double ur capital in every period of time ...
all u need to do is make sure u acquire such innate skill without throwing a lot of money ... start with few hundreds n have the goal to double it...
i hate to see people wasting money unnecessarily ... u just blew ur account and that means u r still far away from any profitability , u ll mostly likely blow ur next account too , so keep it small ...
capitalization is not why u blew that previous account , lack of skill is why ...
this is the same thing I told anyone who seek out my advice n noone actually does it ... i learned its improbable for people to learn from others , they will eventually learn it though, the hard way...
my grammar is getting worst from lack of social contacts ,pardon me error haters
...
To Live is the rarest thing in the world , Most people exist , that is all
- #19,626
- Oct 12, 2010 8:39am Oct 12, 2010 8:39am
- | Joined Feb 2006 | Status: adjust your sails to the wind | 1,354 Posts
[quote=maheswara;4090330]
you cannot blow your account if you keep your trade size small. 
the problem is greed. doubling a 100$ account vs doubling a 10 000$ account. the first choice looks somewhat unattractive, lol.
even if you have a 10 000$ account, trade it like it was a 100$ for 6 months.
fana , when u were starting out , i emailed u n told u not to put more than few hundreds bux into ur first account simply because i knew u wld blow it...
it doesnt matter if ur account is 100 bux or 10000 bux , if u have the skill u can double ur capital in every period of time ...
all u need to do is make sure u acquire such innate skill without throwing a lot of money ... start with few hundreds n have the goal to double it...
i hate to see people wasting money unnecessarily ... u just blew ur account and that means...
the problem is greed. doubling a 100$ account vs doubling a 10 000$ account. the first choice looks somewhat unattractive, lol.
even if you have a 10 000$ account, trade it like it was a 100$ for 6 months.
- #19,628
- Edited 11:26am Oct 12, 2010 11:14am | Edited 11:26am
- | Joined Aug 2007 | Status: Trader | 2,219 Posts
- #19,633
- Oct 12, 2010 2:08pm Oct 12, 2010 2:08pm
- | Joined Nov 2008 | Status: Trader | 2,047 Posts
Hi Fana
Congratulations on your continued and hold you in.Hear you what advise maheswara, it's wise counsel. +1% per day will evaluate the bill for the year 10x ... no hurry!
Hi Maheswara
I am very glad you are back in the thread.Your advice is greatly appreciated
Hi MaMood
You have studied cooperation and especially the potential between 3 kingdoms? Very useful for me, what FTI has provided.
I must again acknowledge "not a tactic, but logistics wins the battle"
Rgs
Congratulations on your continued and hold you in.Hear you what advise maheswara, it's wise counsel. +1% per day will evaluate the bill for the year 10x ... no hurry!
Hi Maheswara
I am very glad you are back in the thread.Your advice is greatly appreciated
Hi MaMood
You have studied cooperation and especially the potential between 3 kingdoms? Very useful for me, what FTI has provided.
I must again acknowledge "not a tactic, but logistics wins the battle"
Rgs
- #19,637
- Oct 12, 2010 3:30pm Oct 12, 2010 3:30pm
- | Joined Nov 2008 | Status: Trader | 2,047 Posts
Hi Gro,
yeah - spending a lot of time at the moment to get a deeper understanding of the 3kgds. Started with it after I have switched from trading my beloved lady USDJPY only, to trade EURUSD and Cable as well.
Have to say, that I have used the 3Kgds all the time to gather some info about upcoming momentum. But seems there are some more insights to find in fti's teachings ...
CU,
MaMood
I try to describe my study ... but as says FTI, "not try this at home"
TIME+LOGISTIC+PERIODICITY MARKET
Trade with the major trend = prevailing trend.Major trend keep the "big ships" ...
This trend is determined from 30% time = significant movement (news) = trade major trend and outside news, provides 70% chance of survival in the market.
Duration of the process between banks "fizz" 20-30min. (3-7 5min.candle) = duration of each sequence (big size-short time,small size longer time).
3kingdoms - 3 timezones = different actions in different kingdoms.
3kingdoms = 4currency.
Primary should be to identify the dominant currency.
e.g.
E is in the lead = long E/U it goes well = entry long G/U but G/U not cooperate with E/U (G/U short) = eliminates profit E/U ... and entry E/G long = hypothetically E/U+E/G profit and G/U going wrong ... but I have gained TIME and some money for G/U rescue etc.
There are many ways to the "correlation highway".
Rgs
- #19,639
- Oct 13, 2010 1:37am Oct 13, 2010 1:37am
- Joined Oct 2007 | Status: Trader | 4,269 Posts
Hi MaMood
I try to describe my study ... but as says FTI, "not try this at home"
TIME+LOGISTIC+PERIODICITY MARKET
Trade with the major trend = prevailing trend.Major trend keep the "big ships" ...
This trend is determined from 30% time = significant movement (news) = trade major trend and outside news, provides 70% chance of survival in the market.
Duration of the process between banks "fizz" 20-30min. (3-7 5min.candle) = duration of each sequence (big size-short time,small size longer time).
3kingdoms...
thank you for your insights and explanations.
As I can see we have a broad consensus in our understanding.
Maybe I'm a little more agressive in it's adaption/interpretation.
Regarding 3Kgds and the "many ways":
It has helped me a lot to write the pairs down on a a piece of paper. Then I have gone throug all possible variants of strong and weak currencies and their influence on the pairings. It has given me a good understanding, what possibilities are in different makret situations., especially reducing exposure by hedging with another pair ....
Thanx again!
Niels
- #19,640
- Edited 1:57am Oct 13, 2010 1:41am | Edited 1:57am
- Joined Oct 2007 | Status: Trader | 4,269 Posts