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Technical Analysis Fallacy

  • #29,781
  • Dec 20, 2011 11:09am Dec 20, 2011 11:09am
Quoting Fana
Eddy, N_Trader, Baifu. Yeah, thanks... Merry Christmas. Tomorow i will post that twoo battles at my journal.
- I will draw there starting small yesterday, getting in troubles -5% and today turbo recovery...
(apologize that not today, i have a meeting with one nice lady and it is not E/U) Regards.
Hi Fana,

Thought I would share this with you and those who faces the same problem. Usually, when my ego gets too big, the market bites me really hard... So I tried to do some self-reflection each time before I start to trade. 5-10 mins will do. Just to set my mindset right and tell myself that rule number 1 is capital preservation. And that I am not smarter then the market. It also helps if you have a trading partner to keep tab on you.

Just sharing from my personal experience. Hope that it'll help you in some ways.

regards
  • #29,782
  • Dec 20, 2011 11:27am Dec 20, 2011 11:27am
Quoting N_Trader
Thanks Michael, it's a timely reminder.

As someone new to the thread, I must say that you are learning fast

regards

Hi N_Trader
Thanks for The "learning fast" But i am no very new here i was just a Lurker because there is not much that i can contribute . But if There anything that i can contribute i try to do that.
I read and reread this thread all the time .
There is so much Info in here all that FTI put in here i want to learn step by step
best wishes
Michael
Do not be victim to conflict of the General and Commander in you - by FTI
  • #29,783
  • Dec 20, 2011 1:04pm Dec 20, 2011 1:04pm
Quoting phil13
i know everyone is worried about fti, i just checked fti's status and he last logged in 2 days ago, so he is hopefully just resting and getting some strength back without stressing himself to much.

happy christmas to everyone.

Phil.
Thanks Phill......I hope Fti is doing fine.

Safe trading.
Regards
Bert
  • #29,784
  • Dec 20, 2011 1:46pm Dec 20, 2011 1:46pm
Quoting -Michael-
Hi Guys Here is Link to FTI post about Trading in the end of the year

http://www.forexfactory.com/showthre...64#post2317464

http://www.forexfactory.com/showthre...29#post2252229

regards
Michael
Hi guys , Hope you are getting ready to enjoy Christmas..


Btw Thanks Michael.

Regards
  • #29,785
  • Dec 20, 2011 9:01pm Dec 20, 2011 9:01pm
My trades are only based on technical indicators at ALL. I have no idea how fundamental news will affect the price. However, the time I entered are when markets are quite (during the first hour of the Asian session).

For all the new traders out there, I cannot stretched this enough to be profitable in trading:

1. Risk management
2. Patience

Happy Holidays!!!
Fear prevent possibilities, and so does Greed
  • #29,786
  • Dec 21, 2011 10:22am Dec 21, 2011 10:22am
Merry Christmas everybody. Peace and health to fti.

A big thank you to everyone on the thread for sharing and being so helpful. This thread has changed my life totally.
  • #29,787
  • Dec 21, 2011 1:45pm Dec 21, 2011 1:45pm
Done trading for the year.

Happy Holidays to everyone in the TAF thread!

Specially to FTI to whom I owe my first year of profitable trading.

Wish you a healthy 2012!!

Regards
  • #29,788
  • Dec 22, 2011 7:19am Dec 22, 2011 7:19am
Merry Christmas!!!

I searched around for more literatured words, but eventually feel this one is the best wish-- Wish Santa slide down the chimney to close your book of this year with extra pips!!! Wish he come again next year and every year
Wish your book grown steady and consistantly till you retire !!!

P.S. My eyes blur and pain recently, fear of screen lights. I found this app helps soothening things. Try it if you feel eye strains: http://stereopsis.com/flux/
  • #29,789
  • Dec 22, 2011 11:57am Dec 22, 2011 11:57am
That wraps it up for me this year, time to close the books and focus on Family and Friends..... one of mine who was deployed has returned to us, a special Christmas....... to those still deployed overseas, to you.

Godspeed.

Inserted Video
  • #29,790
  • Dec 23, 2011 12:21am Dec 23, 2011 12:21am
Quoting auxesis
That wraps it up for me this year, time to close the books and focus on Family and Friends..... one of mine who was deployed has returned to us, a special Christmas....... to those still deployed overseas, to you.

Godspeed.

http://www.youtube.com/watch?v=U1uq7IgmezM
Time to close the year books...going to hawaii ...hope everyone enjoys time with family and friends...

Merry xmas and happy new year.....

Thanks to FTI another year book completed positive...

V
  • #29,791
  • Dec 23, 2011 4:39am Dec 23, 2011 4:39am
Merry Christmas everyone!
  • #29,792
  • Dec 23, 2011 5:52am Dec 23, 2011 5:52am
Quoting imjscn
Merry Christmas!!!

I searched around for more literatured words, but eventually feel this one is the best wish-- Wish Santa slide down the chimney to close your book of this year with extra pips!!! Wish he come again next year and every year
Wish your book grown steady and consistantly till you retire !!!

P.S. My eyes blur and pain recently, fear of screen lights. I found this app helps soothening things. Try it if you feel eye strains: http://stereopsis.com/flux/

Thanks imjscn,

great app
  • #29,793
  • Dec 23, 2011 9:09am Dec 23, 2011 9:09am
Wanted to drop in and wish all a very Merry Christmas! and a Happy New Year!

Hope all of you have a positive book in 2012.

Good Trading
Mike
  • #29,794
  • Dec 23, 2011 12:36pm Dec 23, 2011 12:36pm
Merry Christmass and Happy New Year 2012
  • #29,795
  • Dec 23, 2011 2:16pm Dec 23, 2011 2:16pm
Quoting Fana
Merry Christmas and Happy New Year 2012
A friend of mine sent this...... thought it was worth passing along, enjoy

And Merry Christmas!!!

Inserted Video
  • #29,796
  • Dec 23, 2011 6:43pm Dec 23, 2011 6:43pm
Merry Christmas to all, and a happy, healthy and a prosperous 2012 year!
Jaro
  • #29,797
  • Dec 23, 2011 6:46pm Dec 23, 2011 6:46pm
vic, I thought you are on holidays, why are you lurking here?


Jaro, indianguyinny24http://www.forexfactory.com/images/misc/10+kt.gif, kimt
  • #29,798
  • Dec 23, 2011 9:40pm Dec 23, 2011 9:40pm
Quoting Jaro
vic, I thought you are on holidays, why are you lurking here?


Jaro, indianguyinny24http://www.forexfactory.com/images/misc/10+kt.gif, kimt

LOL

i am going tomorrow morning...and moment of truth it is subconcious now...if i dont come to this thread couple of times in day i feel kinda lonely/lost ...

dont know other feel that or not...

V
  • #29,799
  • Dec 23, 2011 9:42pm Dec 23, 2011 9:42pm
Quoting auxesis
A friend of mine sent this...... thought it was worth passing along, enjoy

And Merry Christmas!!!
Great video- thanks !!
  • #29,800
  • Dec 24, 2011 12:42am Dec 24, 2011 12:42am
Quoting indianguyinny24
LOL

i am going tomorrow morning...and moment of truth it is subconcious now...if i dont come to this thread couple of times in day i feel kinda lonely/lost ...

dont know other feel that or not...

V
Same here, I check it more than a few times a day/night/morning

Good weather and peaceful, relaxing time to you in Hawaii
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