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Technical Analysis Fallacy

  • #24,101
  • Apr 1, 2011 9:17am Apr 1, 2011 9:17am
Quoting MaMood
Morning Vick,

yeah - that description fits much better than mine.
I think it makes it clear now.

Thx.

Niels
  • #24,102
  • Apr 1, 2011 9:22am Apr 1, 2011 9:22am
Needs roof on water bucket, if it rains, the fish will starve.




quote=Fana;4515601]Happy weekend friends! And let me introduce my lasta invention. Akvarium fishes feeding machine. It is based on the principe of evaporating water in a can and thus, the flakes are thrown into akvarium... You can go to the cottage and let work there 2-3 machines with different water level in the cans. And there will be the feeding! [/quote]
  • #24,103
  • Apr 1, 2011 9:24am Apr 1, 2011 9:24am
Hello FTI & Threaders,
Enclosed is my humble performance for today.
Best!
Plankton
Attached Image (click to enlarge)
Click to Enlarge Name: 110401_Plankton_Demo_Blotter.jpg Size: 87 KB
"Life is like a box of chocolates."
  • #24,104
  • Apr 1, 2011 9:33am Apr 1, 2011 9:33am
Quoting FX Plankton
Hello FTI & Threaders,
Enclosed is my humble performance for today.
Best!
Plankton
how many pairs u trade????


V
  • #24,105
  • Apr 1, 2011 9:55am Apr 1, 2011 9:55am
this is wat happens when dongsky is usd bull and im usd bear
u get both
To Live is the rarest thing in the world , Most people exist , that is all
  • #24,106
  • Apr 1, 2011 10:17am Apr 1, 2011 10:17am
Quoting indianguyinny24
how many pairs u trade????


V
Just what the charts tell me I can Dance (as per FTI's Teachings)...
The lesser, the better...
But if the opportunity arises and there is Capital...
That is, I see the Leverage and keep it humble.
Then, I close one trade and go for the other that 'I feel' will be more profitable to 'Dance'.
Remember, this Blotter is from a Demo Account.
Also remember that I am a newbie.
Newbie notwithstanding, I like to study (hard) because this is my professional background.
Finally, the Demo Account was opened today for the purpose of testing FTI's Approach.
I will enter trades that I feel I will almost 100% win (Mindset, MO, MM, FTI-AOW).
I hope I answer your Question.
Best!
Plankton
"Life is like a box of chocolates."
  • #24,107
  • Apr 1, 2011 10:33am Apr 1, 2011 10:33am
Hello FTI & Fellow Threaders!
Wish you the very best weekend.
Plankton
"Life is like a box of chocolates."
  • #24,108
  • Apr 1, 2011 12:51pm Apr 1, 2011 12:51pm
I am looking at the gains versus your account and they seem out of line, to aggressive? Focus on 1 pair for now. Studying is good, but make sure you have time to absorb (internalize is the key), where are you racing off to? It's a marathon


Quoting FX Plankton
Hello FTI & Threaders,
Enclosed is my humble performance for today.
Best!
Plankton
  • #24,109
  • Apr 1, 2011 3:20pm Apr 1, 2011 3:20pm
Quoting maheswara
this is wat happens when dongsky is usd bull and im usd bear
u get both
bottom line is we both make pips... any pigs around
Success consists of going from failure to failure without loss of enthusiam
  • #24,110
  • Apr 1, 2011 6:58pm Apr 1, 2011 6:58pm
Very interesting... Enjoyed


http://www.dbfx.com/popups/video_day_in_the_life.jsp


Have a good weekend guys


Cheers
Philip
"Thinking Heart & Feeling Brain"
  • #24,111
  • Apr 1, 2011 10:01pm Apr 1, 2011 10:01pm
Quoting fullperson
I am looking at the gains versus your account and they seem out of line, to aggressive? Focus on 1 pair for now. Studying is good, but make sure you have time to absorb (internalize is the key), where are you racing off to? It's a marathon
Hello FullPerson, FTI & Fellow Threaders!

Thanks for your comment.

I like to add that, as in any statistical analysis of Reality, I also believe that Real Performance should be averaged over time (the longer, the better).
I have mentioned in a previous posting that 'Testimonials' are not good scientific means to demonstrate efficiency of a method (I teach this to my students who use medical equipment).
Instead, Statistical Significance (a well-known concept in clinical research), must be used.

The Blotter I presented is for April 1st, 2011 (Fools' Day).
This day had a few special characteristics, namely:
(1) NFP, (2) First Day of The Month, (3) Fukushima, (4) ECB, etc.

In my newbie opinion, I took April 1st, 2001, as a day for
The Great Conjunction
(taken from The Dark Crystal)
Thus, I was very Focused, hunting for potential opportunities.

Thus, the Blotter I presented (only for April 1st) reflects the many profitable opportunities presented by the Market Conditions on April 1st, 2011.

I presented this Blotter because in a previous posting I had suggested for the Threaders (specially Senior) to post theirs (without ID).
The Objective was to prove with Data that FTI's Approach works.
Since the couple of responses I received showed that my comment was not properly understood, I took it upon me to illustrate what I was trying to say rather than going into protracted, non-constructive arguments.

So, while I agree with you that FX Trading may require a Marathon approach, I like to highlight that I do believe that there are opportunities that present themselves to be exploited by the Warrior/Commander
(as per FTI+AOW, Flexibility/Non-Rigidity, etc).

From my interpretation of what I have read in this Thread (I am now at Page 605, Post 9061), I have done nothing but follow FTI's Approach.
It is not my purpose to sell FTI's Approach but to test it and to show to everyone my results.

More importantly, I warn (like FTI has emphasized) that staying Sober is paramount (whether a Marathon or Not).
I think that FTI would say: Don't let Egor Take Over.
Thus, I am not waiting for any Horn to be blown in my name.

Thanks again for your comment and patience to read my response.
I promise I will not post any other Blotter to avoid causing the wrong impression.

Best!

Plankton
"Life is like a box of chocolates."
  • #24,112
  • Apr 2, 2011 1:05pm Apr 2, 2011 1:05pm
Quoting FX Plankton
Hello FullPerson, FTI & Fellow Threaders!

Thanks for your comment.

I like to add that, as in any statistical analysis of Reality, I also believe that Real Performance should be averaged over time (the longer, the better).
I have mentioned in a previous posting that 'Testimonials' are not good scientific means to demonstrate efficiency of a method (I teach this to my students who use medical equipment).
Instead, Statistical Significance (a well-known concept in clinical research), must be used.

The Blotter I presented is for April 1st, 2011...

Hi Plankton,

When you check the attachments here in TAF and in the TAF Lounge you'll find several blotters of mine (pdf-files). They are not the best examples of fti'S pure teachings, but at least the same style.

Would be more interesting to see the trades your have taken, than to see the final results...

All the best!

Niels
  • #24,113
  • Apr 2, 2011 1:36pm Apr 2, 2011 1:36pm
Quoting MaMood
Hi Plankton,

When you check the attachments here in TAF and in the TAF Lounge you'll find several blotters of mine (pdf-files). They are not the best examples of fti'S pure teachings, but at least the same style.

Would be more interesting to see the trades your have taken, than to see the final results...

All the best!

Niels
Thanks for the comment.
I am now at Page 674 of the Thread (MaMood's Post #10051 - Aug 27, 2009 10:19am).
I clearly lack the knowledge of the History of the Thread.
Therefore, I beg your patience when my comments do not meet your expectations.
I think that the solution is to refrain from commenting until I finish reading the Thread Postings.
I am also new to Blog, Thread, RSS.
Therefore, your comment on your Blotters being posted took me by surprise (even though I have read many of your past postings).
Furthermore, while I respect your opinion that showing detailed Blotter is better than showing Results I am of the opinion that if I am already using FTI's Method it is not necessary to show the details.
This opinion of mine is based on Scientific approach to publishing results in peer-reviewed journals (where space is at premium - specially in top journals).
That is, in good scientific journals one does not describe what has already been described (you cite the author instead - this approach also insures that you are not stealing the credit).
Your comment, taken together with those of others, reinforce the concept that I better read the whole Thread before posting any further.
As I tried to explain, my intention was to contribute.
I am getting the feeling that there are interpretations that are way beyond that I had anticipated.
That is, my original (and only) intention may be confounded with that of Mr. Egor (already defined by FTI).
Thanks again.
Best!
Plankton
PS: Before replying again I will do my best to finish reading the whole Thread (ASAP).
"Life is like a box of chocolates."
  • #24,114
  • Apr 2, 2011 1:45pm Apr 2, 2011 1:45pm
We won the world Cup ....hooray
  • #24,115
  • Apr 2, 2011 1:50pm Apr 2, 2011 1:50pm
Quoting indianguyinny24
We won the world Cup ....hooray
we won in probably the greatest match ever , salute
To Live is the rarest thing in the world , Most people exist , that is all
  • #24,116
  • Apr 2, 2011 2:10pm Apr 2, 2011 2:10pm
Quoting maheswara
we won in probably the greatest match ever , salute
Inserted Video


Inserted Video
  • #24,117
  • Apr 2, 2011 2:28pm Apr 2, 2011 2:28pm
Quoting indianguyinny24
http://www.youtube.com/watch?v=nm5tPW_rYuI

http://www.youtube.com/watch?v=c6PHJ...feature=fvwrel
Congratulations to you guys
  • #24,118
  • Apr 2, 2011 3:51pm Apr 2, 2011 3:51pm
Quoting FX Plankton
Thanks for the comment.
I am now at Page 674 of the Thread (MaMood's Post #10051 - Aug 27, 2009 10:19am).
I clearly lack the knowledge of the History of the Thread.
Therefore, I beg your patience when my comments do not meet your expectations.
I think that the solution is to refrain from commenting until I finish reading the Thread Postings.
I am also new to Blog, Thread, RSS.
Therefore, your comment on your Blotters being posted took me by surprise (even though...
Nothing wrong with getting ahead
  • #24,119
  • Apr 2, 2011 6:18pm Apr 2, 2011 6:18pm
Quoting fti
i see, black white patched one?
naughty money.
noted thanks.

BC sounds beautiful. Ya just watch and see if get any fireflies, soon.
here have some but confined to 1 area yet.
http://www.malaysiavacationguide.com/firefly.html

ai ya , wish my stomach glows, attract a mate.
I better be careful what i wish for.
May just get it.
And when the kilps stops the disco lights up.
I was wrong-SG, KL look beautiful, maybe one of these days.
Hope the message reaches you ok.
Regards.
God Bless.
  • #24,120
  • Apr 2, 2011 6:53pm Apr 2, 2011 6:53pm
Hey guys. I got fired tday from my national team. Coach told me my carrer in national team is finished. Eh sports. Life is goin on. I didnt deliver what he wanted me to do, as I was scared not to hurt myself I shld focus lil bit more time, on trading, sports is ugly business. I am just training it like pro for my passion
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