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Technical Analysis Fallacy

  • #30,081
  • Jan 19, 2012 7:05am Jan 19, 2012 7:05am
Quoting fti
no worries dear fana,
vic is not that stubborn that he will not seek medical assistance , when the symptoms are staring in his face.
I had the heart attack because i had no symtoms, because i had all sorts methodology in controlling my mind.
You know the funny thing was Liu KC. 1 month before he was diagonosed cancer stage 4, He was with me and we did project built a structure under a tree.
As usual he was stronger than me , even thought he was in his 70s.
It required some one climb up the big old tree do the pioneering folding.
Guess what...
  • #30,082
  • Jan 19, 2012 7:08am Jan 19, 2012 7:08am
As a reminder for myself too...

Attached Image


Take care my friends.

Back to watching EU now.

regards
  • #30,083
  • Jan 19, 2012 7:22am Jan 19, 2012 7:22am
Quoting N_Trader
As a reminder for myself too...

Attachment

Take care my friends.

Back to watching EU now.

regards
Great quote
  • #30,084
  • Edited 7:40am Jan 19, 2012 7:23am | Edited 7:40am
Quoting N_Trader
As a reminder for myself too...

Attachment

Take care my friends.

Back to watching EU now.

regards

good one.
well, at least better than his jesting that the next dalai would do well being a woman.
well, even that is not so bad. I guess if he prayed hard enough, his jesting may just be granted.

regards
  • #30,085
  • Jan 19, 2012 8:23am Jan 19, 2012 8:23am
Jobless Claims in U.S. Plunge to Lowest in Almost Four Years.

http://www.bloomberg.com/news/2012-0...our-years.html

  • #30,086
  • Jan 19, 2012 8:29am Jan 19, 2012 8:29am
Quoting Fana
Vick! Take care please. Sorry that i am saying it, but why not... i have this instinct.
I will fana, dont worry... docs app i am taing next week...thanks for concern....i will....already i stopped gym going back to it ...even in gym my heart rate shooted at 210 when i was running...curious what makes you feel i am in danger..is it intution...

Quoting fti
no worries dear fana,
vic is not that stubborn that he will not seek medical assistance , when the symptoms are staring in his face.So vic if you are reading, better make haste. Do whatever check you need done and get back on track of health.
Health is wealth.

And fana ,same as you,i hope you are wrong. .

regards
Done chief next week....all the appts etc are going through...

@N_trader...

well as i was preaching about losses yesterday...i made 3% in last 2 weeks and yesterday night bcz of my stubborn attitude(my wife has put my tradin cut off time as 2.00 a.m else she comes and switch off the pc) ..i lost 6.5% of equity ...ytd down 3.5% ....so take your time...this is one long AS journey...and we all will slip....


V
  • #30,087
  • Jan 19, 2012 8:40am Jan 19, 2012 8:40am
Quoting indianguyinny24
I will fana, dont worry... docs app i am taing next week...thanks for concern....i will....already i stopped gym going back to it ...even in gym my heart rate shooted at 210 when i was running...curious what makes you feel i am in danger..is it intution...


Done chief next week....all the appts etc are going through...

@N_trader...

well as i was preaching about losses yesterday...i made 3% in last 2 weeks and yesterday night bcz of my stubborn attitude(my wife has put my tradin cut off time as 2.00 a.m else she comes and switch off the pc)...
Hi Vic,

Take care about your health my friend. And thanks for remembering me even when things are not going so well for yourself.

Truth be told, my BP is also on the high side. Grandfather and my dad both suffers from hypertension. hence, I am particularly concern about my health too. speak of the gym routine, I better be going back soon.

Glad to have met many sincere folks here

Cheers
  • #30,088
  • Jan 19, 2012 8:57am Jan 19, 2012 8:57am
Was trying to grap some small pips on the short train... seems like movement rather sluggish today.

Squared for now. Gonna get some rest now...

regards
  • #30,089
  • Edited 11:18am Jan 19, 2012 11:05am | Edited 11:18am
Since d upside in the US economy recently shows,looking back can we say they got it right by cutting interests rate to almost zero n spending(printing greenbacks) their way out of recession than the Eurozone(Germany) that didnt cut interests rate n instead say Austerity measures was d best way out of a recessions. Chief I will like 2 hear ur thots on this n also all TAF. Cheers
  • #30,090
  • Jan 19, 2012 11:19am Jan 19, 2012 11:19am
looks like most shorts have been knocked out... maybe some offers seen at 1.2945/50
  • #30,091
  • Jan 19, 2012 11:37am Jan 19, 2012 11:37am
Quoting M-H Trader
looks like most shorts have been knocked out... maybe some offers seen at 1.2945/50

Yup yesterday night i saw how strong were they and i still remained short..till i tried a big rescue...

now whose game it is i dont know...

But question to chief..hard to go Long on EU with current situtation ...but Long is the only option...

I guess my news bias played a role to get me this loss....


V
  • #30,092
  • Jan 19, 2012 11:39am Jan 19, 2012 11:39am
Quoting indianguyinny24
Yup yesterday night i saw how strong were they and i still remained short..till i tried a big rescue...

now whose game it is i dont know...

But question to chief..hard to go Long on EU with current situtation ...but Long is the only option...

I guess my news bias played a role to get me this loss....


V
Hi V
Let me give you a short answer please,
watch Yen crosses ,EURYEN GBPYEN.

Cheers
aligater
Attached Image (click to enlarge)
Click to Enlarge Name: 20120119-2llm-87kb.jpg Size: 88 KB
born to speculate
  • #30,093
  • Jan 19, 2012 11:57am Jan 19, 2012 11:57am
Quoting indianguyinny24
Yup yesterday night i saw how strong were they and i still remained short..till i tried a big rescue...

now whose game it is i dont know...

But question to chief..hard to go Long on EU with current situtation ...but Long is the only option...

I guess my news bias played a role to get me this loss....


V
Yeah i got caught too. learned valuable lesson though.
  • #30,094
  • Jan 19, 2012 9:22pm Jan 19, 2012 9:22pm
Quoting aligater
Hi V
Let me give you a short answer please,
watch Yen crosses ,EURYEN GBPYEN.

Cheers
aligater
Hi aligater,

I was watching that yesterday nite, but I don't quiet get what you are trying to say. I can see that EU and UJ are not in sync with eachother...

So what is brewing....?

Hope you can enlighten me.

regards
  • #30,095
  • Jan 19, 2012 9:40pm Jan 19, 2012 9:40pm
so uh, it's that time of year when students are job hunting. I've called up many banks here in the US and there doesn't seem to be any openings for juniors, trainees or even sales. Pro level jobs require 7-8 yrs min and newer guys at least 3 yrs experience. I've checked with proprietary shops and they're mainly looking for quants and programmers.

So...any advice as to where I should proceed?
  • #30,096
  • Jan 19, 2012 10:50pm Jan 19, 2012 10:50pm
Quoting fullperson
so uh, it's that time of year when students are job hunting. I've called up many banks here in the US and there doesn't seem to be any openings for juniors, trainees or even sales. Pro level jobs require 7-8 yrs min and newer guys at least 3 yrs experience. I've checked with proprietary shops and they're mainly looking for quants and programmers.

So...any advice as to where I should proceed?
If haven't been up on the headlines banks are laying off thousands and contracting bonuses...
  • #30,097
  • Jan 20, 2012 12:07am Jan 20, 2012 12:07am
Quoting Baifu
As a matter of principle I do not concede the Japanese anything but I got to give them the Nobel Prize for toilets - they can wash and air dry your bottom, love it!
Guess that's one more thing to look forward for in JPN.
  • #30,098
  • Jan 20, 2012 12:32am Jan 20, 2012 12:32am
Rigidity truly kills... it's so difficult to ride long positions when you have this bias in your mind, telling you that it doesn't make sense...
  • #30,099
  • Jan 20, 2012 12:49am Jan 20, 2012 12:49am
Quoting N_Trader
Rigidity truly kills... it's so difficult to ride long positions when you have this bias in your mind, telling you that it doesn't make sense...
Hi N_Trader. I am not the one to give advices... So just some notice how i see it. Thats in the mindset. It must be trained by practice and it demands time. Imo a lot of time. But you should focus on "leaving" the presumtions which are kinda "emotional, stress, greed etc..." The market do decisions unless what you think.
- and i still i am very aware of it... when i feel emotions and i am in some trade and goes against me, i feel it, but i dont listen and dont do decisions due to it. This works for me. I feel pain, but i ignore it with context of my orders. Regards
  • #30,100
  • Jan 20, 2012 12:56am Jan 20, 2012 12:56am
Quoting Fana
Hi N_Trader. I am not the one to give advices... So just some notice how i see it. Thats in the mindset. It must be trained by practice and it demands time. Imo a lot of time. But you should focus on "leaving" the presumtions which are kinda "emotional, stress, greed etc..." The market do decisions unless what you think. Regards
Thanks Fana, you give wise advice... it's really tough for me to break away from my rigid thinking... but i am trying. I try to let it go and embrace the river as it is. It's one long tough process.

If I am not rigid, it's pretty obvious from the past few days that EU is rather bullish with many signs of reversal. And yet, I was trading counter trend most of the time. it's v destructive for my book and mindset.

regards
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