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Technical Analysis Fallacy

  • #25,801
  • Edited 11:47pm Jun 11, 2011 4:47am | Edited 11:47pm
I just finished watching 2 videos with hubby on Netflix and going to bed soon, but wanted to check in here before doing so.

THANK YOU so much, imjscn, for your WONDERFUL post!! That is the type HONESTY and OPENNESS that is needed in trading talk from Seniors to Juniors (and also to other Seniors)!!

Without this kind of honesty to what is going on (good and bad) with more experienced traders ... less experienced traders are then lead to believe that we have all the answers, when in truth, the answers for each person has to be experienced with time, practice and dedication. And even then, it is still very much a work in progress for all of us, no matter how many years experience one has, because EVERY trade is a new development, needing to be experienced and danced in its own way.

Again, thank you for so much answering, because to help Juniors in this thread means that we have to care enough about their welfare to give them the straight talk of what is true and happening for each of us ... the good, the bad or the ugly, lol.

We are not helping anyone, especially ourselves, if we continue to pretend glory, if in fact we are also experiencing setbacks. There is nothing gained for anybody by letting pride and ego give us false faces.

You have my total respect for being willing to share your experiences, thoughts and insights so honestly. Your sharing in just that one post gave me a good glimpse of who you are, more than all your other posts combined. I sense much integrity from you, it will be an honor to further have discussions with you.

I do want to address capital and MM little more later on (if not in the next couple days, then during the week), and I think that will be good and insightful discussion for ALL of us, both Seniors and Juniors to engage in.

Okay, I better go, my hubby is sitting here on the couch behind me waiting for me so we can go to bed, lol.

Talk again later when I can get back here. I will send you a PM tomorrow sometime. Goodnight, my dear
  • #25,802
  • Jun 11, 2011 4:58am Jun 11, 2011 4:58am
Quoting imjscn
Good news is, he started herble medicine treatment with a Chinese herble doctor's formular. Seems it has done something effectively good judging by what is suposed to happen at early stage of taking herbl medicine.
I am SO HAPPY to hear this!!
  • #25,803
  • Jun 11, 2011 5:56am Jun 11, 2011 5:56am
Quoting fti
i see.
more experiments.
you will learn, i hope not the hard way.
I had seen this too many times, am really not surprised. Egor always wins.
Once make good money, they always starts self destruction, normal.
already becoming so many here, i not have any more energy for this.
good luck.

regards

Hi fti,

no need to worry about.
Maybe my wording is a little misleading.
This "experiment" is not in conflcit with any of your teachings. I guess I'm very close to your teachings, except the timeframe thingy. Cause I'm not a bank and my trading can not be done in shifts, so basically I have adjusted the main trading time frame a little according my trading time constraints...

And I have the strong believe, that I made a little progress in terms of EGOR. So it will not be any type of Ego-Show. What I wanted to do ist to show your followers how I manage the Risk and Money according to your rules. I want to show them a possible "Environment", that gives them the chance to feel the flow. This "Environment" is based on a proper relation of accountsize and minimum Scoutsize and of course it is based on a very active control of your exposuree to the market.

Finally I can only invite all peopleand especially you, when I start that little demonstration, to build up your opinion based on facts, how close or how far I might be to your teachings ...

I just want to show, how relaxed trading could be and how less brainwork is needed, when you are on the battlefield, when you have done your homework properly before ...

It is not a question of ego, it is my strong desire/exigency to help other people. And what I can confess very honestly, there are not many failures and deviations from your teachings, that I have lost out. And finally I'm back to the basics, thanx to your continous constructive comments...

All the best,
Niels
  • #25,804
  • Jun 11, 2011 6:22am Jun 11, 2011 6:22am
Quoting imjscn
[...]

I have the luck to learn from fti's hand hold sessions. The most important thing I learned from him is the mindset which is fully expressed in this thread. But it's really a great help to learn how he handle the tough situations on real time. Stay relaxed, stable and nimble all the time.-- Most traders failed on this.

[...]
Hi again,

what imjscn has mentioned above is exactly what I want to adress. When you have your Money- and Risk-Management right, there is nothing you have to become nervous or stressed about.

Thx for that statement :-)

CU,
Niels
  • #25,805
  • Jun 11, 2011 7:16am Jun 11, 2011 7:16am
leighsww,

It's a surpise that you give me such a hight score on my post. I'm honored.

I also suprised that you mention the "Honesty" and "Openess"--I don't feel it's a problem in this thread.

Of course sometimes when people made a nice killing, they like to shout out loudy. I also shouted laudly last time when I doubled my account on BOJ intervention.

I agree this proudly expression may mislead new traders to believe in HolyGrill system. But I don't think any dishonest behavior involved.

Regarding the "Openess", I've found this TAF thread is the most heart-opening thread. From the teacher to the students, all openly talk about the issues and tactics. Especially the "mindset" part, even parents don't bother taking the trouble to bring their kids through, even closest friend don't bother look into each other's darkness. But fti and many students did it.

But there is a still a barrier we can't achieve the total openess-- as you said, it's a "work in progress". Every trade is unique. Every trader is unique too. Unlike many techinical systems where we can openly say to buy A cross B, stop at C, TP at D, with TAF method, we can only help people to understand how the market is structured and what's the right thinking prosses. Many situations if described in plain text, might lost meaning. To borrow a Chiese word, it needs "the heart receives and spirit knows it".

Regarding the "work in progress", from my own experience, it's a process of building and rebuilding innerworth. I think this can not be described in text. Even in my training, fti didn't say what exactly I should do or should not do. But he told me to observe the market and follow his mind. It's difficult to get a clue at the beginning from his rambling/scolding, later on, I can speak in the same language as his, now I can even joke "great minds thinking alike", but of course he throw back "idiots minds also thinking alike".

To conclude a point of my rambling-- trading is a handcraft job. Try to learn painting from Leonardo da Vinci, learn writting poem from Shakespeare, -- even more clueless. You have to experience it and internalize it. And the outcomes are vary.
  • #25,806
  • Edited 8:13am Jun 11, 2011 7:36am | Edited 8:13am
Quoting MaMood
Hi fti,

no need to worry about.
Maybe my wording is a little misleading.
This "experiment" is not in conflcit with any of your teachings. I guess I'm very close to your teachings, except the timeframe thingy. Cause I'm not a bank and my trading can not be done in shifts, so basically I have adjusted the main trading time frame a little according my trading time constraints...

And I have the strong believe, that I made a little progress in terms of EGOR. So it will not be any type of Ego-Show. What I wanted to do ist to show your followers...
Hi neils,
I seen this all before.
I know you are doing extremely well. I know, you already shown me the books.( just for info, there are some here very quiet doing 10X what you achieved.)
Thats why i am getting very worried.
I had seen , too many times.
Even Nic was doing extremely well until distracted by his air stewardess wife.Then is all downhill spiralling out of control and before you know it you, splash.
If i quote you all that i seen you may understand. Nic is only 1 example.
just 1 time , just 1 risk to recover a clerk's mistake.

Trading is very lonely thingy.Its you and your mind.You build distractions , new stuff, then all lost. Especially new experiments. Experiments means you either not there or you lost it.

Maybe since you made so much, is time retire.
I fear you get out of control from normal mindset and it WILL hurt you.
Why do you think i chose extremely simple lifestyle.
You introduce new distractions and splash!
Ya go on tweak, and learn.

You think i not know how set up traders group?
Ya all it take 1 in the group pull your stiring, and all may need rescue in the ditch.
I told you before, there was the group of 7.
then group of 5.
then you have friend and enemies everywhere and a splashed account.

This is a business.
Friendshipp and business cannot mix. IS ABSOLUTE CONFLICT OF INTEREST.
If want be friends not have the business, and vice versa.
We are friend here because we refuse do business togther.
Once business creeps in then is sayorana.

there is only one way help friends.
each to his own, stable on the mindset, each to each's MO as developing forward.
We distract each other and all end up splashed. There is no holy grail.
Only right thinking , right mindset, right actions.

I also getting worried what Lusan is experiencing.
the crystal balls can lead ego , easy.
But i thankful he has his wife beside him, seems thier mutual respect hold him.
Barbra, has been through heaps. And now you introduced meditation +++++
then a group , then god know what else going creep in.
I know you well, you have the tendency.
I already seen how you can get stired.
So i pray babra checks you.I have sounded warning.
I have no energy to carry anyone forward from here. My mindset is all screwed adn whole life is skidding.
But simplicity is carrying me slowwly ahead, trying find that balance again.
But i have no energycarry anyone else.

Remember. WE ARE ONLY AS GOOD AS OUR LAST TRADE.

regards
  • #25,807
  • Jun 11, 2011 8:04am Jun 11, 2011 8:04am
Quoting fti
Hi neils,
I seen this all before.
I know you are doing extremely well. I know, you already shown me.
Thats why i am getting very worried.
I had seen , too many times.
Even Nic was doing extremely well until distracted by his air stewardess wife.Then is all downhill spiralling out of control and before you know it you, splash.
If i quote you all that i seen you may understand. Nic is only 1 example.
just 1 time , just 1 risk to recover a mistake.

Trading is very lonely thingy.Its you and your mind.You build distractions , new stuff, then all lost....
Thanx my dear friend fti!

Yeah, I'm a littlebit stubborn - I know.
I have to work on that.

Many many thanx for taking care. I know Nic's story very well, at least the stuff made public and also his book. From time to time I ask the man in the mirror in front of me:
"Hey are you still on track? Or already close to crash?"
Sometimes the answer is a very straight:
"Hey, slow down my friend. stay with the basics. focus on a continues evolvement of your mindset, balance and skills".
Usually I follow his advice :-)

Trading is a very lonesome business - indeed.
It takes me in average 2 to 4 hours a day, to finnish my trading session. 2 around london opening and ocsasionally 2 hours around NY opening. So there is some time left for contributing to TAF. I enjoy this time very much. It calms & clears my mind and also the understanding of teachnings. Trying to explain them to someone requires me to rethink and rething and rething till it is so clear and transparent to me, that I can explain it to someone else. Finally giving advices and my view on some topics to the people was the basis of the progress I made especially in past 18 month.

Thank you for your honest and open words from the deepest of my heart!
I will embrace them and also mirror your concerns every time, when I see this guy in the mirror.

All the best,
Niels

p.s.: Regarding the meditation. It is just a tool that I want to use professionally to control my mindset. Focussing, calming down, relaxing, to let go, but also to discover some of my scopions more deep. My goal is to become very balanced and stable. And yes Barbara is a very important person in my evolvement and gives me also strong support.
Trading is not only about trading but also about life - as you often mentioned :-)
  • #25,808
  • Edited 9:01am Jun 11, 2011 8:21am | Edited 9:01am
Quoting MaMood
Thanx my dear friend fti!

p.s.: Regarding the meditation. It is just a tool that I want to use professionally to control my mindset. Focussing, calming down, relaxing, to let go, but also to discover some of my scopions more deep. My goal is to become very balanced and stable. And yes Barbara is a very important person in my evolvement and gives me also strong support.
Trading is not only about trading but also about life - as you often mentioned :-)
Meditation is good, is the best thing anyone can do for their minds.
But achievements can only be felt over time. It is not your norm, but it will redirect your norm. New things are good espcially if one can feel its impact. But need put time then the impact is real.
Otherwise is just infactuationand excitement will derail you.

Any way this all i can say. I don't know if what you doing will excel you forward well. But i know the basics had carried you well. But i just want warn you. New things change enviroment and mindset.

regards

i hope things going to be good for you. My life is skidding big time, and also on the side i have trader to help rescue who followed me off a cliff.
I have parachute. Unfortunately for small cap cannot afford the parachute. Nevertheless i will try what i can afford to rescue. But like I said i am skidding already. All because my mindset distracted by my body. I hope none of you goes same way.

YOu see my usd/yen thingy?
its all economically logical and "trade of the century"
And i fall off a cliff.
Thats small potatoes to me.
But the damage to others is hard for me accept.
All trading is split seconds decisions although takes hours arrive to that seconds.
You distract your focus of those seconds and splash.
Why you think i used to have secretaries and PAs take care of every aspect of living.
And pay dealers sit at desk eat sandwiches and smoke all day?
Even classed sandwhiches, coffee and cigarettes fully supplied by the pantry lady.
Just to be ready for a split second timing of trading.
every few hours send them out paint the town red with brokers paying the bills.
Just so that after the refreshmwnt they come back refreshed to their task without disruption.
Any one bring disruption, they sent out of the room, immediately before whole room rots.
Once they hit the desk they leave all aspects of life outside dealing room doors.

Markets , these ladys are more demanding than any mistress you will ever have.
Believe me when i tell you.
Some times there's no business , lots papers everywhere and no business goes thru
but when business comes is rush hour and those caught sleeping, or unfocused gets fuxed.
  • #25,809
  • Edited 9:22am Jun 11, 2011 8:59am | Edited 9:22am
Quoting fti
Meditation is good, is the best thing anyone can do for their minds.
But achievements can only be felt over time. It is not your norm, but it will redirect your norm. New things are good espcially if one can feel its impact. But need put time then the impact is real.
Otherwise is just infactuationand excitement will derail you.

Any way this all i can say. I don't know if what you doing will excel you forward well. But i know the basics had carried you well. But i just want warn you. New things change enviroment and mindset.

regards

i hope...

I know what you are talking about very well.
Only one distraction and things can get very tricky soon.

Was the hardest thing to learn for my family, not to disturb me, when I'm in my trading room. And that is also the reason, why I have choosen the relatively short trading time window for me. I know everything beyond that 2 hours is very difficult to manage for my family and me.

It is so sad, that your health was hit so hard.
You are a great man and have so many experiences and wisdom to share.

Hope your Energy-Management as as superior as your trading is :-)

Have to leave - family is calling!

All the best my friend!
Niels
  • #25,810
  • Edited 10:41am Jun 11, 2011 9:06am | Edited 10:41am
Quoting MaMood
I what you are talking about very well.
Only one distraction and things can get very tricky soon.

Was the hardest thing to learn for my family, not to disturb me, when I'm in my trading room. And that is also the reason, why I have choosen the relatively short trading time window for me. I know everything beyond that 2 hours is very difficult to manage for my family and me.

It is so sad, that your health was hit so hard.
You are a great man and have so many experiences and wisdom to share.

Hope your Energy-Management as as superior as...

you have no infracstructure nor capacity out scalp or spar market makers, period. You give away spread, theoritical edge and slippage for trades. There is no way, IMPOSSIBLE. Not withstanding that your bro will kill book.

the best you can hope for is good brokers with steady prices and market makers willing to trade provide you market access to you because you are small. And if brokers behave like they did providing flipping untradables prices then best you go look for better(matured) markets. For small trades (less than 2 million usd) when i at bank,my boys will make you choice prices(same price bid and offer) to trade.If you pain in the behind , then we ask you go counter 12-15 and trade at board rates.

Sometimes even CB intervention can hardly move markets 5 pips. If the prices are jumpy and unstable( due to piptits) , its just untiered small fishes wannabe market makers/brokers trying scalp the anchobes. For real market makers, the sizes retail is hitting they won't even bash an eye lash. Not even feel book change. not even affect their nostros accounts.


end of discussion.
goodnite.
regards
  • #25,811
  • Jun 11, 2011 11:11am Jun 11, 2011 11:11am
Quoting fti
you have no infracstructure nor capacity out scalp or spar market makers, period. You give away spread, theoritical edge and slippage for trades. There is no way, IMPOSSIBLE. Not withstanding that your bro will kill book.

the best you can hope for is good brokers with steady prices and market makers willing to trade provide you market access to you because you are small. And if brokers behave like they did providing flipping untradables prices then best you go look for better(matured) markets. For small trades (less than 2 million usd) when i...
Hi again,

it was not my intention to make you upset or angry.
I share your concerns and your comments are very welcome!

All I can say for now:
I'm far away from beeing predictive. Not even for the next few minutes.
And I use only opportunities that the retail brokers are offering me for some years now. I have no idea how they are making their Markets (and I also do not care very much about it). The only thing I know, if they offer me a quote, and I'm able to catch it, I do so.

BTW: My average holding time of my positions is around 12 minutes according to the statistics of the last 12 month. So I'm not too close to scalping ...

Rest well my friend

Niels
  • #25,812
  • Jun 11, 2011 12:12pm Jun 11, 2011 12:12pm
Quoting imjscn
leighsww,

Even in my training, fti didn't say what exactly I should do or should not do. But he told me to observe the market and follow his mind. It's difficult to get a clue at the beginning from his rambling/scolding, later on, I can speak in the same language as his, now I can even joke "great minds thinking alike", but of course he throw back "idiots minds also thinking alike".
are vary.
Something marvelous...........priceless.........hear me i beg.
  • #25,813
  • Edited 11:52pm Jun 11, 2011 1:57pm | Edited 11:52pm
imjscn ...

EXACTLY! Much good messages you made in your post

My mentioning about HONESTY and OPENNESS, it is more a reminder for people to stay true to what is really going on with their TOTAL books and financials, and NOT what only they want others to think, because when trying to "look good" in the eyes of others, when in truth, financials are hurting, not only is it illusionment, but hurts that person himself/herself with denying their true situation of their total financial situation.

There are people who are borrowing money to trade with. There are people who are retired and on fixed income who are trading their nest-egg. These people need to rethink carefully what they are doing. I personally feel anyone who is borrowing money to trade should stop, trading should NOT be done on borrowed money. Retired people on fixed income should also be VERY careful just how much of their nest-egg they are risking. This is money their family have to live on AND needs to have available in case of emergency. It is money that can't be easily made back if lost, due to lack of earning power being retired and on fixed income. I am not saying they cannot trade, but they better assess rationally and carefully just how much of their nest-egg they can afford to risk. To risk what the family needs to be safe, is heading down a very dark path.

Working people or anybody who is still earning income, needs to know how much of their earning power they should invest in trading. One does not just arbitrarily concoct a number out of the air (ex: 10k, 25k, 50k, etc). You should only be risking a small percentage of your earning power, and ONLY after you have deducted all expenses and emergency funds. What one should be trading with should be ONLY "extra" cash that one can afford to trade with, NOT money that if one loses it, it will be hard to earn back, or hurt one's pocketbook, health and family.

Some people say risk only 2% etc. of book, well similar small numbers need to be used for what one is risking of their total income to trade with. Best to talk to a financial advisor for those who can afford to. They can assess how much you can afford to risk for investing/trading. For others, there are online calculators that can determine what your "extra" cash is after listing your income and expenses. But even then, that "extra" cash doesn't mean that you should use it all. You need to make sure you do not touch a certain portion of your savings in case of emergency situation (ex: loss of income, health condition or accident, etc.)

This is somewhat what I wanted to touch base on about MM, because MM is not only how to manage your trades ... it's also how to manage your total finances and your life and the life, now and future, of your family. To be reckless and not allocate proper management of your OVERALL situation, will lead to much damage to financials, health, life and family.

I am sorry I am repeating, but I can't stress this enough, as damage and downfall happens time-and-time again, even to Pro traders.

Yes, shout out about proud trades, that is good and fine, it feels wonderful and lifts the spirits of all. That is beautiful to see. My main message was for those who want people to think they are doing good with their overall book and financials, when in fact, they are not.

I am not saying there are those actually doing this (that is for everyone to search their conscience if they are), I am merely wanting to remind and make sure that nobody is doing this.

Like I said, that kind of behavior is as much a detriment to ones own self, their trading and financials, when cannot admit they are not as successful as they want to seem. Being honest and truthful to ones own self, as well as others, is very important aspect in life, because it affects not only your trading life, but your life (health and welfare) and relationships (especially family), as a whole.

Anyway, I think I made my point. I hope people think about it. That's all.
  • #25,814
  • Jun 11, 2011 2:33pm Jun 11, 2011 2:33pm
Quoting fti
YOu see my usd/yen thingy?
its all economically logical and "trade of the century"
And i fall off a cliff.
Thats small potatoes to me.
But the damage to others is hard for me accept.
All trading is split seconds decisions although takes hours arrive to that seconds.
Don't be so hard on yourself fti. You are not running a signal service here so anyone who followed did so by choice. I have seen many threads where people follow others trade and again, it is their responsibility. There is always the person who managed to get stuck but that is all part of the learning process. It is our own responsibility to keep our book healthy and not yours. I think it is more important that you look after your health now and not worry too much about others.
  • #25,815
  • Edited 5:17pm Jun 11, 2011 3:37pm | Edited 5:17pm
One thing I forgot to mention ...

My opinion is ... I believe that one can trade with smaller capital, because as I mentioned before, I feel it is not a "dollar value amount" rather it is a ratio of troops available to trade size amount. I have said this all along and I still believe this. I had made the calculations in my spreadsheets (later versions were even better). It was pretty safe MM.

However, that amount may not be only $1000, it may be more depending on how small a trade size your broker lets you trade. If you cannot trade in "cents" per pip, then small cap will not work.

So, you would use very small trade sizes to start (ex: no more than 10 cents per pip), and like MyTbo mentioned, this is not for doing full-time straight off-the-bat, one has to start small and build up. Eventually, it would compound in which to create full-time income if trading successfully consistently.

If you are wanting to do full-time straight away without building up the foreign capital slowly, then you best have residual income already coming in from elsewhere that can sustain your financials should you not be able to create the profits needed for you and your family to live on.

Anyway, again ... each trader must do what they feel is best and doable for their pocketbook and piece of mind. I would rather see a trader lose $1k that was "extra" cash they could afford to lose, rather than a trader who loses $25k or $50k (or heaven forbid, more), that was their life savings or nest-egg.

Normally when one trades bigger capital, they enter larger trade sizes, those with smaller cap, enter smaller trade sizes, so everything is "relative." Because of this, not necessarily is a small cap trader going to perish, it all depends on the safe and sound MM used for BOTH traders equally. Smaller cap traders will tend to NOT hurt or damage their total financial situation (also health and family) should things go wrong.

Thus, my opinion and what I believe is ... it is safer to "build up" and grow your account slowly, instead of investing large cap on the onset, especially depending on your financial situation (current income and earning potential) I had mentioned in my previous post.
  • #25,816
  • Jun 11, 2011 9:00pm Jun 11, 2011 9:00pm
I hope I did not scare away any of the other Seniors by my posting here again, haha

Anyway, now that I have given the PADMA info to fti, and given my post about capital, MM, health and family ... unless I need to make a reply directed to me, it's probably best for everyone that I take my leave again from this thread and get back to attending my other businesses. That way the Seniors will come back and continue the discussions

Take care, everyone!
  • #25,817
  • Jun 11, 2011 10:08pm Jun 11, 2011 10:08pm
Quoting leighsww
One thing I forgot to mention ...

My opinion is ... I believe that one can trade with smaller capital, because as I mentioned before, I feel it is not a "dollar value amount" rather it is a ratio of troops available to trade size amount. I have said this all along and I still believe this.
Agreed!. actually ,i am trading with small capital. LOL.and i ever traded a no deposit bonus ,from $5 to $126 . and i think it is enough to me (a student) 10 cent per pips .i am now learning from all of you big guys ,and after several years ,perhaps i will trade standard account. good luck ,and keep learning from all of you .
A chart helps those who can read it.
  • #25,818
  • Jun 12, 2011 1:43am Jun 12, 2011 1:43am
Quoting leighsww
I hope I did not scare away any of the other Seniors by my posting here again, haha

Anyway, now that I have given the PADMA info to fti, and given my post about capital, MM, health and family ... unless I need to make a reply directed to me, it's probably best for everyone that I take my leave again from this thread and get back to attending my other businesses. That way the Seniors will come back and continue the discussions

Take care, everyone!
Good Morning Leigh,

I enjoy your postings and also like to discuss with you some things, cause I feel we are not on the same line with our understanding and adaption of fti's teachings.
So from my experience I know, that the most fruitful discussions (and also the discussion with greatest benefit for all readers) may arise out off such a pre-condition.

So please stay with us for some time!!!

CU,
Niels
  • #25,819
  • Jun 12, 2011 8:18am Jun 12, 2011 8:18am
Quoting luSan
I am in the big apple.
in my weekend vacation.
On checking E/U I discovered
a drop of 200 pips.
Is this for real?
A couple more days like this,
and we might have a southern party.
-And that does not make sense!
A quiet Sunday morning here and I have time to catch up on FF stuff. luSan, hope you are having a great time in NY. Are you going to a baseball game? Enjoy you time there!
  • #25,820
  • Edited 9:26am Jun 12, 2011 9:10am | Edited 9:26am
Quoting leighsww
YES, that is EXACTLY what ALL should be doing here, so if you have encountered tidal waves, say so, and tell what you have learned from it/them. If Seniors who have been doing fti's style for 2+ years and still finding it difficult to be consistently profitable, say so, and say what you feel you are doing wrong, so everyone can learn from it and those who are profitable can assess what might be the problem to help you.

I stated what I did wrong with my tidal wave incident in my journal (basically,...
Hi leighsww, wow you sound kind of angry here. Not sure where to begin. I agree with you that it is important for everyone here to be honest in their postings, since the best way to benefit from fti's thread is to get his honest feedback, as well as, the feedback of others who follow fti.

I honestly have not detected any serious postings here that seem to be ego driven, although we are all on the alert to ego creeping in to our trading. My impressions are that people are here looking for help, sharing information, providing help, etc. We have developed a standard response for those who are looking for shortcuts, and I think anyone who puts in the effort is welcome.

As for trading fti's exact method, I have clearly stated (here and in my journal) that I do not follow fti's approach, and instead use more TA stuff than he would approve of using. IMHO -- This is not an anti-TA thread, but instead a place where you can learn to put TA in its proper place. I think that fti has had a great influence on my trading and I have put TA in its proper place -- for my trading. However, that is a pretty small part of the value of this thread, and for me, I am a student of fti's approach to being a trader. IMHO, learning to trade (TA, FA, etc) is childs play compared to learning to become a trader, and fti is by far the master trader on FF. Everyone's brain is wired differently, and room has been made here for all kinds of people.

Finally, I want to believe what people write in their posts, taking it at face value. If you have a good day and want to talk about it, great. If you've had a bad day and want some feedback, even better. I don't need to see proof of your trading and find it a little annoying when I see blotters posted (MaMood, this is not a swipe at you my friend, as I have the greatest respect for you as a trader and a person).

That's more thinking that I am used to on a Sunday morning, and I pray that I have not upset anyone.
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