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Technical Analysis Fallacy

  • #29,141
  • Nov 20, 2011 6:43am Nov 20, 2011 6:43am
Quoting the redlion
its a fucked up expression, i suppose i can excuse fti on his stress and health problems that he is becoming a bit confused and paranoid.

i have no desire to argue or post quotes from fti himself here but he has stated the direction he EXPECTS the market to go by saying "safer to sell the tops now" or something of the sort, before i went on vacation.

that is a prediction
everytime he deploys as scout its a prediction on expected devaluation or appreciation of a currency or instrument, when one "attacks" its an attempt to profit further from...
This will not make me popular but I agree with what you just said Red. You are indeed a fearless lion.

Regards
Bak
  • #29,142
  • Edited 7:15am Nov 20, 2011 6:54am | Edited 7:15am
Big thinkers why not start your own thread(s), you will find plenty big thinkers to trade big ideas

Baifu

Those are two mates that have a lot of respect for each others and are trying to clear things up, like friends do.

Why do you have to always input your barbaric (that is where you from) sarcasm between peoples? and make thinks more difficult between them? This is not the first time.

RedLion also has got a point, this is a business not a fucking cult.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #29,143
  • Nov 20, 2011 6:58am Nov 20, 2011 6:58am
go prove them red.

sorry fti, heres what u said.
and ironic its redlion's signature.

read it.

that is the fallacy.

Be like water? dont seem like it either.
Have I got something on my face, SOLDIER?
  • #29,144
  • Nov 20, 2011 7:17am Nov 20, 2011 7:17am
I am still waiting.
any more children want to chip in?
Oh peeps cannot see it.
I will make reposting.
  • #29,145
  • Nov 20, 2011 7:18am Nov 20, 2011 7:18am
Take it easy buddies, I understand that you want to protect a friend but most of the time it brings more drama. Lion can handle himself.
  • #29,146
  • Edited 8:39am Nov 20, 2011 7:23am | Edited 8:39am
Quoting the redlion
its a fucked up expression, i suppose i can excuse fti on his stress and health problems that he is becoming a bit confused and paranoid.

i have no desire to argue or post quotes from fti himself here but he has stated the direction he EXPECTS the market to go by saying "safer to sell the tops now" or something of the sort, before i went on vacation.

that is a prediction
everytime he deploys as scout its a prediction on expected devaluation or appreciation of a currency or instrument, when one "attacks" its an attempt to profit further...
"its a fucked up expression, i suppose i can excuse fti on his stress and health problems that he is becoming a bit confused and paranoid.

i have no desire to argue or post quotes from fti himself here but he has stated the direction he EXPECTS the market to go by saying "safer to sell the tops now" or something of the sort, before i went on vacation.

that is a prediction
everytime he deploys as scout its a prediction on expected devaluation or appreciation of a currency or instrument, when one "attacks" its an attempt to profit further from a prediction in certain direction.
when one "rescues" or averages down, means the prediction did not pan out as expected and now we may or may not be caught in miss timing or wrong side and by averaging our entrances we are further risking more capital to attempt to bail out at break even, smaller loss, or even gain. this is done by increasing lot sizes in the same direction of the original position, still prediction in my book.

he says i am a thief, i have stolen nothing, nor am i attempting to "sabotage"
as i have said before, fti had my respects and i WILL ALWAYS OWE HIM my success, but i wish not to be a copy of him, my experiences in the market and my intellect have taken me to my own conclusion on things.

he has no right to insult me and act as a coward by doing it, in a language i do not understand.

i have overstayed my welcome here i suppose, i am just irritated, on the irationality of " blank mind, no prediction, no opinions just follow price"

what does this truly mean?
and is not a lack of understanding, i understand objective continuous, analysis and always thinking one is wrong until proven right, i also understand troubleshooting a position to rectify it. i understand discipline and mindset.

THERE IS ALWAYS PREDICTION, THERE ARE ALWAYS OPINION, trading itself is based uppon SPECULATION, of REVERSAL or CONTINUATION. APPRECIATION, DEVALUATION.

Indicators seem to be a bad word here
stop losses or profit targets as well
any strategic position, opinion or method is WRONG, "follow price, trade the now, no prediction"

which is contradictory in and of itself, follow price = sell on red candle buy on green? after the move has been completed?

there is more than one way to skin a cat.
profit is the goal

this is not a fucking cult is a business."

This example of renegades.
See prove? Need anymore.
Remember folks.And we know what market will do them.
Bring the balls , bring them in the markets.
I no need any excuse.
I can see very clear.
You can keep your respect for yourself.
I not need it. This clear as daylight.
so no need hide behind words like respect.
When you die in markets, remember what i told you.
半土先生
吃飯面翻碗底得混蛋!
you have concience call friends here who try help you "a cult"
condecending ungreatful worthless shit.
  • #29,147
  • Nov 20, 2011 7:26am Nov 20, 2011 7:26am
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  • #29,148
  • Nov 20, 2011 7:31am Nov 20, 2011 7:31am
Quoting fti
[color="Red"]"its a fucked up expression, i suppose i can excuse fti on his stress and health problems that he is becoming a bit confused and paranoid.

i have no desire to argue or post quotes from fti himself here but he has stated the direction he EXPECTS the market to go by saying "safer to sell the tops now" or something of the sort, before i went on vacation.

that is a prediction
everytime he deploys as scout its a prediction on expected devaluation or appreciation of a currency or instrument, when one "attacks" its an attempt...
Fti

I think he was offended by the way you talk to him, he has very much respect for you, always mentioned your name in any occasion possible.

Redlion is a good kid, he told me once he owns you everything.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #29,149
  • Nov 20, 2011 7:36am Nov 20, 2011 7:36am
Quoting the redlion
its a fucked up expression, i suppose i can excuse fti on his stress and health problems that he is becoming a bit confused and paranoid.

i have no desire to argue or post quotes from fti himself here but he has stated the direction he EXPECTS the market to go by saying "safer to sell the tops now" or something of the sort, before i went on vacation.

that is a prediction
everytime he deploys as scout its a prediction on expected devaluation or appreciation of a currency or instrument, when one "attacks" its an attempt to profit further from...
Wow, Redlion, what has happened to you? Your post reads something more like Nubcake (this is a bad thing, in case anyone is wondering) than what I've come to expect from you. I hope you are ok and can get back to the kind of person you used to be. Good luck and best wishes.
  • #29,150
  • Nov 20, 2011 7:38am Nov 20, 2011 7:38am
Quoting mla
Fti

I think he was offended by the way you talk to him, he has very much respect for you, always mentioned your name in any occasion possible.

Redlion is a good kid, he told me once, he owns you everything.

mla
I asked from you peeps nothing.
not need your respects.
You kiddos know little about respect.
Honour from honourable people i treasure.
whats respect from animals worth?
  • #29,151
  • Nov 20, 2011 7:42am Nov 20, 2011 7:42am
Quoting fti
I asked from you peeps nothing.
not need your respects.
You peeps know little about respect.
Sorry mate

I just wanted to tell you what I knew. That is all. I thought I could help.
I had fun with you in many occasions and I will not forget.

All the Best.
mla
"The Heart is the hub of all dances; go there and chill out"
  • #29,152
  • Nov 20, 2011 7:45am Nov 20, 2011 7:45am
guess who is worthless. he has so much respect for you nad he just switches a bit and becomes flexible and fluid and hell runs loose and u want him to lose?



i dont care what u are or who u are, i have respect for ur "who used to be" as GEFX said to red as well, and ur wisdom touched many hearts and that statement proved how WEAK u are, how UNWISE you are in dealing with such "problems."

so what if he just twist and tells u how HE SUCCEEDS and u dont even say 'good job'? or something? not even a simple vouch? that guy right now is more mature than you are.



sorry ill be gone now im done here no mroe immaturity from me. let you guys do the angry talk now with swear words and disrespect while u talk of respect.

Regards Fti, i wish u success and more great time in life and everyoen here
Have I got something on my face, SOLDIER?
  • #29,153
  • Nov 20, 2011 7:49am Nov 20, 2011 7:49am
When people drive a car, in various kinds of traffic, on busy motorways or empty country lanes, do they predict when to accelerate or apply the brakes or do they just go with the flow?

It sounds like someone has had an accident? I hope we can keep the emotions down.
  • #29,154
  • Nov 20, 2011 8:01am Nov 20, 2011 8:01am
Quoting bumapatria
guess who is worthless. he has so much respect for you nad he just switches a bit and becomes flexible and fluid and hell runs loose and u want him to lose?



i dont care what u are or who u are, i have respect for ur "who used to be" as GEFX said to red as well, and ur wisdom touched many hearts and that statement proved how WEAK u are, how UNWISE you are in dealing with such "problems."

so what if he just twist and tells u how HE SUCCEEDS and u dont even say 'good job'? or something? not even a simple vouch? that guy right now is...
Look, i cannot make anyone lose.
Neither can i make him win.
I can only show you what works and where errs i had seen.
I know when the diviations will be killer blades.
All i can do is warn you about it.
Do or die is your choice.
I not force anyone to read the thread nor follow.
But you come here tell me what i told you is shit , then i tell you go your way. Its your learning curve.
I have survived mine fine.

If peeps had asked about bias and predictions, i might had taken liberty explain.
But NO, you learn from the market.
I no interest show you already.
  • #29,155
  • Nov 20, 2011 8:03am Nov 20, 2011 8:03am
I think we are mixing up two things, I can predict EU will go to 1.40 (there is no harm in prediction as I can predict EU to go to 2.00) but when I am in front of terminal and see something different then my bias during that time would be to go against my prediction.

Having a FIXED prediction will break the trader, i.e.one will keep averaging and wouldn't find exit.

Prediction is based on technical analysis of some kind and we know what TAF means.

IMHO
  • #29,156
  • Nov 20, 2011 8:12am Nov 20, 2011 8:12am
Quoting Zoran
When people drive a car, in various kinds of traffic, on busy motorways or empty country lanes, do they predict when to accelerate or apply the brakes or do they just go with the flow?
Very well put Zoran I don't know if anyone can be clearer than this. Going into my notes for when I try to explain it to other peeps.

And its best not to use offensive language towards someone you respect. If you don't like sth they say think y they say it. Anyways I better not say anything more here
  • #29,157
  • Nov 20, 2011 8:14am Nov 20, 2011 8:14am
Quoting simpleman
I think we are mixing up two things, I can predict EU will go to 1.40 (there is no harm in prediction as I can predict EU to go to 2.00) but when I am in front of terminal and see something different then my bias during that time would be to go against my prediction.

Having a FIXED prediction will break the trader, i.e.one will keep averaging and wouldn't find exit.

Prediction is based on technical analysis of some kind and we know what TAF means.

IMHO
lookup predict vs bias in dictionary.
no more.
you want you search thread, for how to use it.
i don't want say anymore.
You want read thread, fine, you not want, also fine.
I gave to all. The whole world.
I not give to "the cult" only.
  • #29,158
  • Nov 20, 2011 8:16am Nov 20, 2011 8:16am
Quoting fti
lookup predict vs bias in dictionary.
no more.
you want you search thread, for how to use it.
i don't want say anymore.
Thanks fti...
  • #29,159
  • Nov 20, 2011 8:20am Nov 20, 2011 8:20am
Dear Fti and Friends... I see here some obvious actions from some "kids". I think it is not worth comment. "Such Nubcakes were, are and will be". let them what belongs to them. Regards
  • #29,160
  • Nov 20, 2011 8:23am Nov 20, 2011 8:23am
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