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Technical Analysis Fallacy

  • #23,721
  • Mar 27, 2011 5:46am Mar 27, 2011 5:46am
Quoting fti
sylar,
When dealers hits P&L stop lines, They are off lined for at least 1 week depending on damage.
His books still belongs to him and his team. So positions are managed accordingly to the skills of his team, without him.
His book performance is contained within his team and the room. Although orders are forwarded to be watched at different sectors, nothing else leaves the room.
Global team books , will have zone partners monitoring the status of the book.

regards

So the P&L booked by the dealers are realised losses (or gains) for the day...

Thks for the clarification Fti... It helps to clarify on one of the most overlook point of the tripriate issues that u have been telling us TAF'iers to study i.e. Market Structure

As retail trader we don't a team of senior or Fti to help manage the books thus the need to have proper MINDSET & correct implementation of AOW 2 (i.e. fast & swfit battle)

Learn a lot from your past few postings... Now it about internalising into oneself with proper MINDSET & MM...

Back to dancing academy for me


Cheers
Philip
"Thinking Heart & Feeling Brain"
  • #23,722
  • Mar 27, 2011 6:56am Mar 27, 2011 6:56am
Quoting fti
@ Mamood,

[...]

Your niche is in profitability consistency, not on 1 solid victory run. Please recheck your mindset.
You have this tendency.
Remember your 3000e do or die accounts?

[...]

regards
Dear fti,

that is a very valuable remark.
Especially my MO with that small "Do-or-Die-Accounts".

The more I try to go for that new challenge of trading some funds, the more I realize (and get seriuos hints from you and other friends), that I'm not ready to do that now. I have to clean up and finnish finally with all my "trial and error" MO's initiated to fight my scorpions.

Maybe my short term success is hiding some scorpions.

But pondering about what I'm doing in detail gives me strong indocations, that some of the scorpions are still there.

Also your hint to Gro of "being yorself" makes me think ....

Glad to have some thoughtful friends in here :-)
Thanx for taking care!

CU,
Niels
  • #23,723
  • Mar 27, 2011 7:00am Mar 27, 2011 7:00am
Quoting Sylar
[...]
As retail trader we don't a team of senior or Fti to help manage the books thus the need to have proper MINDSET & correct implementation of AOW 2 (i.e. fast & swfit battle)

[...]

Cheers
Philip
Hi Philip and all!

Just a thought:
Why don't we build up such a thing like a team?
Wouldn't it be good to have a circle/team of trading buddies, who have some responsibility to check the other members books/trades and mindset?
Also to have the team spread over different time zones could be a great benefit for nursing trades ...

Any comments?

Niels
  • #23,724
  • Edited 7:24am Mar 27, 2011 7:01am | Edited 7:24am
Quoting MaMood
Dear fti,

that is a very valuable remark.
Especially my MO with that small "Do-or-Die-Accounts".

The more I try to go for that new challenge of trading some funds, the more I realize (and get seriuos hints from you and other friends), that I'm not ready to do that now. I have to clean up and finnish finally with all my "trial and error" MO's initiated to fight my scorpions.

Maybe my short term success is hiding some scorpions.

But pondering about what I'm doing in detail gives me strong indocations, that some of the scorpions...
no mention, my friend.
Thats what friends do.
In fact if you remember your experiences, you are quiet ready.
Maybe one day we have a rondevou and i show you the finer points. More polishing, fine tuning and timing.
esp patience and natural flow. We wait for my safety to travel.

Inserted Video


regards

Inserted Video
  • #23,725
  • Edited 7:50am Mar 27, 2011 7:10am | Edited 7:50am
Quoting fti
no mention, my friend.
Thats what friends do.
In fact if you remember your experiences, you are quiet ready.


http://www.youtube.com/watch?v=cv1oPvSg5G0

regards
That's why TAF is best not only in term of trading information but also the friendships & bonding
"Thinking Heart & Feeling Brain"
  • #23,726
  • Edited 11:23am Mar 27, 2011 8:40am | Edited 11:23am
Quoting MaMood
Hi Philip and all!

Just a thought:
Why don't we build up such a thing like a team?
Wouldn't it be good to have a circle/team of trading buddies, who have some responsibility to check the other members books/trades and mindset?
Also to have the team spread over different time zones could be a great benefit for nursing trades ...

Any comments?

Niels
, mom made besutiful dinner, like christ last supper.BURP
she is sbsolutely worried about sea food quality.
Maybe the last good one I'll see for sometime.

neils, that is not possible.
tried that long time ago.
We made $$$ 4 years, but money, ego, and world will destroy it.
We diversified into businesses .
then your friends ,becomes powerful enemies.
Its not impossible , but unlikely to hold. Some goes as far as try to kill you, to keep cat from getting out of the bag.
Best you can do is have small patrols , and groupings, with empathy and comaradieship. But the world is the world, is our nature.

regards
  • #23,727
  • Mar 27, 2011 8:45am Mar 27, 2011 8:45am
Quoting fti
, mom made besutiful dinner, like christ last supper.BURP

neils, that is not possible.
tried that long time ago.
We made 200 mio from 200k in 4 years, but money, ego, and world will destroy it.
then your friends ,becomes powerful enemies.
Its not impossible , but unlikely to hold.
Best you can do is have small patrols , and groupings, with empathy and comaradieship. But the eorld is the world, is our nature.

regards
For the bank or personal trading account... If it is personal account

As u have highlighted earlier in the thread... It's within MAN nature to self destruct...

Things we own turn out to own us instead...
"Thinking Heart & Feeling Brain"
  • #23,728
  • Mar 27, 2011 8:51am Mar 27, 2011 8:51am
Quoting Sylar
For the bank or personal trading account... If it is personal account

As u have highlighted earlier in the thread... It's within MAN nature to self destruct...

Things we own turn out to own us instead...
personal, sylar, thats why it gets ugly. And worst of all , thoses get killed are the good friends.
Anyway thats my experiences. Says nothing about others. There no friend, like a friend in need.


regards
  • #23,729
  • Mar 27, 2011 8:55am Mar 27, 2011 8:55am
Quoting fti
personal, sylar, thats why it gets ugly.


regards
Understood Fti...

Money issues have even ripped family apart let alone friends...

On a personal note, i have made and become close pals with a few of TAF'iers here... They have been generous in their time & efforts to guide me along the path... Then of course there is U my dear Fti
"Thinking Heart & Feeling Brain"
  • #23,730
  • Edited 9:30am Mar 27, 2011 8:57am | Edited 9:30am
Quoting Sylar
Understood Fti...

Money issues have even ripped family apart let alone friends...
typically, we are mostly Cain models. http://en.wikipedia.org/wiki/Cain_and_Abel
Best is keep $$$ matter close to heart. But be KIND and generous to the deprived and underprivillaged.
$$$ is not good for living.It is very ugly. But can't live without.
Too much is the worst, and cannot even bring it along at the end.
like all things, has diminishing returns curve, and it gets very steep.
Behind the $$$ is the power egor.

regards

Pwer absolutely currupts, absolute power currupts absolutely.
  • #23,731
  • Mar 27, 2011 9:28am Mar 27, 2011 9:28am
Thanks for all of the replies.

Judging by the replies, it seems that, according to you, I have incorrect "paradigm" on how to trade...

Interesting, guess I have to read this thread from the start to find out why. Thanks!
  • #23,732
  • Edited 9:51am Mar 27, 2011 9:35am | Edited 9:51am
Quoting fti
typically, we are mostly Cain models. http://en.wikipedia.org/wiki/Cain_and_Abel
Best is keep $$$ matter close to heart. But be KIND and generous to the deprived and underprivillaged.
$$$ is not good for living.It is very ugly. But can't live without.
Too much is the worst, and cannot even bring it along at the end.
like all things, has diminishing returns curve, and it gets very steep.
Behind the $$$ is the power egor.

regards

Pwer absolutely currupts, absolute power currupts absolutely.
If you go beyond power, then you will understand christ and you will understand God better.
"Give unto ceasar which belongs to him and retuen to God which belongs to God."..........JC
" it is easier for a camel to go thru the head of a needle."
my memory begining to fail me.
maybe someone can point out the verse and chapter.
  • #23,733
  • Mar 27, 2011 10:03am Mar 27, 2011 10:03am
Matthew 19:16-30
Matthew 22:15-22
  • #23,734
  • Mar 27, 2011 10:04am Mar 27, 2011 10:04am
Quoting fti
no mention, my friend.
Thats what friends do.
In fact if you remember your experiences, you are quiet ready.
Maybe one day we have a rondevou and i show you the finer points. More polishing, fine tuning and timing.
esp patience and natural flow. We wait for my safety to travel.

http://www.youtube.com/watch?v=cv1oPvSg5G0

regards

http://www.youtube.com/watch?v=SJJfLSYuDQQ
That would be one of the luckiest days of my life then.
I keep my fingers crossed, that this is going to get reality anytime in the future.

I'm not a too patient character - but maybe this perspective will teach me the lesson of patience ..



Thx fti!

Niels
  • #23,735
  • Mar 27, 2011 10:08am Mar 27, 2011 10:08am
Quoting fti
@ Mamood,

i had been thinking.

It could be that the peeps picking you up is notthe dealing of the bank.
Note that this IB is also brokerage.

remember that although you demonstartate good skills.
Ultimately you surcummed to your scorpion.
May had learned skills, but you may not had internalise or may had misunderstood required mindset.
Living at the edge(too close) is dangerous mindset.
Is desperation. The desperation to get to No 1 took you off your learned mindset.
Because was a game. In real portfolio never let it happen.
This is the type of...
Fti. This post, though directed at MaMood spoke volumes to me just now. Last week I got myself into more than one "kamikaze" trade and did some pretty hefty book damage. All in the attempt to build foreign cap faster.
  • #23,736
  • Mar 27, 2011 10:13am Mar 27, 2011 10:13am
Quoting tubguy
Fti. This post, though directed at MaMood spoke volumes to me just now. Last week I got myself into more than one "kamikaze" trade and did some pretty hefty book damage. All in the attempt to build foreign cap faster.
so sorry to hear, tubguy.
however tough the condom is.
Still have limitations.
Over load and it will burst.

regards
  • #23,737
  • Mar 27, 2011 10:15am Mar 27, 2011 10:15am
Quoting MaMood
That would be one of the luckiest days of my life then.
I keep my fingers crossed, that this is going to get reality anytime in the future.

I'm not a too patient character - but maybe this perspective will teach me the lesson of patience ..



Thx fti!

Niels
Won't change much, my friend.
I am a simple person, esp now.
For you, YOU determine how far up that hill you challenging.
regards

Inserted Video
  • #23,738
  • Mar 27, 2011 10:46am Mar 27, 2011 10:46am
Hi General or the Gardener
Very true experience: money and friendship, teamwork and "Last Supper".

... refreshments in the "FTI garden" and not eating the "forbidden fruit" ... you know "good and bad"(no flow) ... and "dies"... :nerd:

Rgs



PS ... radiation is "present" for a thousand years ... for a long time (Sodom and Gomorrah e.g.)
  • #23,739
  • Mar 27, 2011 10:49am Mar 27, 2011 10:49am
Quoting fti
Japan: Radiation 10 million times higher

http://www.bbc.co.uk/news/world-asia-pacific-12873439

http://www.youtube.com/watch?v=TE69Tiw9Gt0

reminds me of heli ego.
Everything thy had tried seems had failed.
Only the Ego keeps saying is correct.
The ante keeps skewing up, still not kill it,
Ultimately who pays the bills?
Hallmarks of reckless commanders.
Lets hope they have good generals come to their rescue.

http://www.youtube.com/watch?v=-F8UktuZJ5U
now they say mistaken.
Some rats going to fry.
  • #23,740
  • Mar 27, 2011 10:50am Mar 27, 2011 10:50am
Fana:

How are you doing in your village residence? How are things in the beautiful Czech Rep. I heard you are having a wonderful spring already. My family is already sipping pivo in the cafes on the street. All the while in Chicago I'm still scraping my windshield to get ice away in the morning sometimes.

My wifes first cousin may know you if you frequent the pubs much. He is a lively drinker. He is of similar age I think 38. His name is Petr Dudik. Oh my wifes family is Rajska but she moved from the region as a child.
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