Technical Analysis Fallacy

Quoting plamendp

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I know this is an old thread and everything is already presented by fti long time ago (you are amazing, I whish I know you in real life) and this question is bit outdated...

I wonder... While I am reading again (3rd time) first 200 pages (currently my timemachine gauge shows Feb 2008) .. is it only me... but I am under impression there must have been some "clean up" operation at some point in time.. Missing links.. missing attachments... even missing posts and a like... ?

Just curious, although I wouldn't be surprised... having in mind fti's...

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Quoting Setebos

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You're right in your observation - there's some stuff missing for a number of reasons. If you managed to get Mahes' pack of notes from the thread you will notice there are some things in it which you won't find in the thread now.
PM me if you don't have the compilation (could take some time to reply back tho - I'm not as active on the forum as I used to be).

P.S. Хубаво е да видя още един "земляк"...

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                          AccNo1            AccNo2
                           $100              $200
------------------------------------------------------------
Leverage                  1000               1000
 
max.Position Size         5 MiniLots(MnL)    10 MnL
TickValue (TV)            1$ per pip         1$ per pip
TV with max.position      5$ per pip         10$ per pip
max.Pips till Death       20 pips            10 pips
 
level 1: 1 MnL,-20pips    Equity $80(-20%)   $180(-10%)
level 2: 1 MnL,-20pips    Equity $40(-60%)   $120(-30%)
level 3: 3 MnL,-10pips    Equity $-10(-110%) $90 (-55%)
max.pips till death       already killed     18pips
Pips required to BE       killed             22pips(44%) 

                          AccNo1            AccNo2
                           $100              $200
------------------------------------------------------------
Leverage                  1000               1000
 
max.Position Size         50 MicroLots(McL)  100 McL
TickValue (TV)            0.1$ per pip       0.1$ per pip
TV with max.position      5$ per pip         10$ per pip
max.Pips till Death       20 pips            10 pips
 
level 1: 1 McL,-20pips    Equity $98(-2%)    $198(-1%)
level 2: 1 McL,-20pips    Equity $94(-6%)    $194(-3%)
level 3: 3 McL,-10pips    Equity $89(-11%)   $189(-5,5%)
max.pips till death       178pips            378pips
Pips required to BE       22pips             22pips(44%) 

Quoting MaMood

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Hi again,

the most important thing, that I have forgotten in my posting before: My advice.

If you want to get an idea of trading and also if you want to develop your trading skills with 100 or 200$ only, use a broker like Oanda. I personally do not like them very much, but is is the only broker I know from, where you can trade even nanolots (= 1 cent per pip) or smaller.

I think, to trade with real money gives you the right feeling and connectivity to the market. But trading minilots on a 200$ account will not help you in any way. It is just...

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Quoting MaMood

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Hi again,

the most important thing, that I have forgotten in my posting before: My advice.

If you want to get an idea of trading and also if you want to develop your trading skills with 100 or 200$ only, use a broker like Oanda. I personally do not like them very much, but is is the only broker I know from, where you can trade even nanolots (= 1 cent per pip) or smaller.

I think, to trade with real money gives you the right feeling and connectivity to the market. But trading minilots on a 200$ account will not help you in any way. It...

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Quoting Deusomega

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You have to care about the amount you trade with before you can experience the feelings associated with real trading.

Most people say open an account with an amount you don't care about losing. But in effect this is the same as demo.

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Quoting Deusomega

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I believe this is the link from searching his attachments

http://www.forexfactory.com/showthre...62#post2799462

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Quoting MaMood

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Hi Friends,

something I have to talk about, adressing especially the newcomer.
From several chat sessions I have had during the past few days I know that there are some traders out there, who are trying to build up some money, based on a 100 or 200 USD account with up to 1000:1 leverage.
Did not expect, that such a leverage would be possible, but for example in Malaysia it seems to be usual.

What I have also experienced is that there is a strong lack of understanding the very fundamental trading maths. I'm relating to the interrelationships...

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Quoting MaMood

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Hi Gart,

thanx for taking care.

I have had 2 session yesterday and 2 today. All went out with some profits. What more can I expect ;-)

Hope the participants could derive something useful from the trading session. It least I tried to show, how relaxed trading can be, when your risk management is working well ..

If your interested to take part too, give me shout per PM.
Mot probabyl their will be one more session next week.

All the best,
Niels

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Quoting luSan

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I have no particular bias.
-This is a wide range...
hanging on Zeus and Mars-
They change as thing happens.
499 136 4599?
Are these magic number?
I'd wish you good luck.
I just do not know.
Let us see what tonight the market
will bring.

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Quoting gart

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Hi luSan,

I do not do the magic numbers, etc.
(the numbers and the planets are just Jyotish - Brihat Parasara Hora Shastra )
But thanks for responding to my post

But seriously it intuitively (only) I feel a great down E / U. ..
It's all in the coming days ...

RGS

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Quoting luSan

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Yeap.
I wide range from 1.4 to 1.5 and to 1.57.
All thing appear pending on Greece and US budget talk.
Both are default cases.
The greeks spent it in the beach
and the americans gave their cash to GS and the other banks.

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Quoting MaMood

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Hi Friends,

something I have to talk about, adressing especially the newcomer.
From several chat sessions I have had during the past few days I know that there are some traders out there, who are trying to build up some money, based on a 100 or 200 USD account with up to 1000:1 leverage.
Did not expect, that such a leverage would be possible, but for example in Malaysia it seems to be usual.

What I have also experienced is that there is a strong lack of understanding the very fundamental trading maths. I'm relating to the interrelationships...

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Quoting Amanah

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Thanks for the file. Will definitely play around with it.

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Quoting MaMood

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Hi Friends,

I have prepared an excel-sheet, that allows you to define different scenarios and simulate different rescue scenarios. You can download it from here:

https://rapidshare.com/files/9925592...lculations.xls

Description:
I have created the follwoing excel sheet for you. Hope it will give you a better feeling for using the appropriate sizes and how fast a snowball can grow ...

On the first sheet "RiskCalcs" you can define several scenarios based on Equity, Leverage, scout size and so on.

I...

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Quoting Amanah

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Hey Less,

The link is above

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Quoting piccolo

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I must disagree. I believe there are 3 stages,
1) demo
2) small money (something you would make back in a week working for McDonalds or less)
3) big money (something you would make in a year and more)

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