Technical Analysis Fallacy | Page 1520 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The Ultimate Fallacy in Technical Analysis 99 replies

"Technical Analysis Fallacy" thread people, I need your help 54 replies

Technical Analysis Fallacy Redux 23 replies

Statistical analysis fallacy 33 replies

Attachments: Technical Analysis Fallacy
Exit Attachments

Technical Analysis Fallacy

  • #30,381
  • Jan 26, 2012 6:31am Jan 26, 2012 6:31am
Quoting N_Trader
It's amazing how peeps life crosses... I would never have imagined that it was possible for me to learn from a super trader. I only hope that I will bring honour and not shame to what you have generously laid before us

You are and will always be an inspiration to me and many others here
Take it easy, Chief. I know it's very taxing to engage in live battles... if the time do come that such will happen, I will be honoured to be part of it.

Till then, I think we are contented to have a nice chat once in awhile. And to have the...
thanks N
but really there's not great or super or such, we all do our best within the terrain that we endevour.
make some mistakes sometimes, but over coming them makes us feel good.
remaining humble and fluid is very powerful.
allows us easily adjust to terrain and life.

regards
  • #30,382
  • Jan 26, 2012 6:49am Jan 26, 2012 6:49am
Quoting fti
thanks N
but really there's not great or super or such, we all do our best within the terrain that we endevour.
make some mistakes sometimes, but over coming them makes us feel good.
remaining humble and fluid is very powerful.
allows us easily adjust to terrain and life.

regards


4 years ago, I would never believed that this has anything to do with trading
  • #30,383
  • Jan 26, 2012 9:13am Jan 26, 2012 9:13am
Hello FTI;

Now at page 479.It is a tremendous amount of learning here and I will plod on until the current page.Still a long way to go.

I had created a pdf of all the importance gems that I collected along the way.

There is no doubt I learn much from you but it is your testimonial that inspired me to walk the journey closer to our creator of heaven and earth.

May your God and mine God keep you in all peace.
  • #30,384
  • Jan 26, 2012 11:07am Jan 26, 2012 11:07am
Quoting N_Trader
It's amazing how peeps life crosses... I would never have imagined that it was possible for me to learn from a super trader. I only hope that ......

If you do visit sg again I would really hope to meet you in person... my friend Veritos is a great fan of yours too

regards

this is for you, Chief.
Indeed, how amazing our life crosses path!! So glad and thankful for me to find this thread. Thanks N!!
And THANK YOU Graceful Chief!!!
  • #30,385
  • Jan 26, 2012 2:48pm Jan 26, 2012 2:48pm
Hows health and eneergies chief...

V
  • #30,386
  • Jan 27, 2012 1:32am Jan 27, 2012 1:32am
Quoting indianguyinny24
I wanted to ask you so long for this...but thought i dont know enough yet...


I think i have read atleast 10 books for options ... but more i dwell into it more i think at the end we are just managing Book ...go more deep we are managing risk...go more deep we are manging exposure pip by pip...

V
Hi V,

If I may ask... any good recommendations for the above? Just looking to build up some knowledge

regards
  • #30,387
  • Jan 27, 2012 9:26am Jan 27, 2012 9:26am
Quoting N_Trader
Hi V,

If I may ask... any good recommendations for the above? Just looking to build up some knowledge

regards
My personal advice...first get this thread right...options are just another way and i know myself as well i think another guy (M-H trader) gave up even after using it...

V

PS:This is to be on of the main books

http://www.amazon.com/Options-Future.../dp/0130224448
  • #30,388
  • Jan 27, 2012 12:41pm Jan 27, 2012 12:41pm
Quoting indianguyinny24
My personal advice...first get this thread right...options are just another way and i know myself as well i think another guy (M-H trader) gave up even after using it...

V

PS:This is to be on of the main books

http://www.amazon.com/Options-Future.../dp/0130224448
Yes, V. I got it... Will revisit this issue in the future.. Focus on basics for now

Thanks for the wise advice.

Regards
  • #30,389
  • Jan 27, 2012 3:08pm Jan 27, 2012 3:08pm
I see Gro online...how r u
  • #30,390
  • Jan 27, 2012 4:12pm Jan 27, 2012 4:12pm
Quoting indianguyinny24
I see Gro online...how r u
OK
  • #30,391
  • Jan 27, 2012 4:26pm Jan 27, 2012 4:26pm
Quoting Gro
OK
Thats it?

How is europe doing now?
  • #30,392
  • Jan 27, 2012 4:41pm Jan 27, 2012 4:41pm
Quoting Jaro
Thats it?

How is europe doing now?
clear snow
  • #30,393
  • Edited 7:52am Jan 28, 2012 4:44am | Edited 7:52am
There is mass manipulation take out shorts.
Rogue trader may surface soon.Be watchful.Get buckets ready. Where's my bucket?
Suspect is from middle., not east as in panda , middle black oil east, according to some sources.
Watch bucket size, its going be big fight soon. Haven't seen a death match like this for long long time.
Watch rates closely. any safe haven drops rates as in can,swissy, yen, aud or NZ, manipulator may scutter.
So if take sides, need know how much pain is within you ability absorb. Sure going be lota bum quotes.
This seems the terrain i heard.

Speculators Set New $28.1 Billion Record In Net Euro Shorts - CFTC
27 Jan 2012 17:55 EST
By Chana R. Schoenberger
NEW YORK (Dow Jones via eFXnews)

http://www.efxnews.com/story/9533/sp...ro-shorts-cftc

regards
  • #30,394
  • Jan 28, 2012 8:38am Jan 28, 2012 8:38am
Happy weekend fti and all. I just read fti's last post. Something wierd is going on, that is for sure. Yesterday's activities were just wierd, so I sat out the day and just watched (no sense in throwing money into this market). Been reading the news this morning and can't quite get a handle on what is going on.

One interesting story said that the EU leaders are trying to get a veto authority over Greece's government on budgets and spending.

The Greek deal, which was supposed to be completed over a week ago, may be done in a few days. Maybe.

Davos seemed nearly dedicated to discussing ways for government elites to take control of nations and establish control at the EU level, no matter what people say or want.

The world seems inching towards another war in the Middle East, Iran this time. fti, was wondering if this is causing Middle East money to move around and "disrupt" markets to the extent they seem wierd?

Feeling uneasy!
  • #30,395
  • Jan 28, 2012 8:49am Jan 28, 2012 8:49am
Quoting GEfx
Happy weekend fti and all. I just read fti's last post. Something wierd is going on, that is for sure. Yesterday's activities were just wierd, so I sat out the day and just watched (no sense in throwing money into this market). Been reading the news this morning and can't quite get a handle on what is going on.

One interesting story said that the EU leaders are trying to get a veto authority over Greece's government on budgets and spending.

The Greek deal, which was supposed to be completed over a week ago, may be done in a few days. Maybe....
i not know.
Just that i heard lots rumours in the market place.
I just hope everyone is careful. The terrain is becoming very very dangerous.
So must have the mindset to be very cautious.
Things is becoming very out of control in the market place, so just be careful.

regards
  • #30,396
  • Jan 28, 2012 10:55am Jan 28, 2012 10:55am
Quoting fti
Apologies
-no mentor, or course, or literiture can give anyone the holy grail to the secrets of success in trading in the markets.
-"and no one, sells the goose that lays golden eggs, probably the eggs, but never the goose"
Nevertheless, I will humbly attempt.
...

But, if nothing works, then what to use and how?
How to outsmart the crowd?
How to solve this big bucket shop?
How to solve this ''distribution impossible''?

These are the dilemmas...

Any strong professional, if interested, please be kind and let me know some good creative thoughts.
Help. Give me the pro truth.
Then I can share my view.
  • #30,397
  • Jan 28, 2012 4:53pm Jan 28, 2012 4:53pm
Quoting Legionary
But, if nothing works, then what to use and how?
How to outsmart the crowd?
How to solve this big bucket shop?
How to solve this ''distribution impossible''?

These are the dilemmas...

Any strong professional, if interested, please be kind and let me know some good creative thoughts.
Help. Give me the pro truth.
Then I can share my view.
Hello Legionary
Welcome to TAF! Please read more than post 1 on the first page, and you will find a pro truth and much much more.... Read at least first 200 pages, and you will learn from the PRO.
Good luck to you!
  • #30,398
  • Edited 8:00pm Jan 28, 2012 6:58pm | Edited 8:00pm
This is going to be the saddest day of my life.

Now maybe i can understand the dream i had.
The feeling are with me now.
I can feel the forces, only now is real.
Is not while i am sleeping.

It is so sad that i wish i never embarked this journey to teach about my profession.

Is only short story.
But is real life story.

As I started this thread to help leighsww, develop her trading skills.
The thread attracted a middleage woman, her callsign is imjncn.
According to what i know, she is a very educated chinese national in beijing from the Peking University.
Majoring in lingustics. Speaksand writes exceptionally good English for a chinese national.
According to her she used to managed a 20000 head count aluminium factory for the chinese system.
But because of a mistake she made she fell from her position.

Then she took all her savings embarked on trading forex.
Lost most of it in the markets.
Then she found my thread.
Since then she has been following closely, lurking in silence.
At the instance i decided to end the thread a couple of year ago.
She immediately emailed me begging i continue , as she had found her way following what i had written and had begun recovering her lost moneys.

I communicated lots with her on chat mail, guiding her along get the right mindset and skills.
From her chart of performance , seems she was able manage ROI near to 100% of her capital.
She even sent me a big crate of giant red dates, when she found that i had heart problems.

Yesterday in her chat massages , she contempulating ending her life.
She thanked me for an extended 3 years of living.
I not heard from her since.
and all the forces i felt in the dream , now bears on me full force.
Is so damning to feel responsible for another's life.
Only wish, that she decided otherwise then what she said.
I have only her chat mail address, and cannot contact her .
So so dang painful sit think that, i may be responsible for someone elses life.
May God forgive me , for what i may had done.
Make me feel wanting God take me home fast.
That i may ask him a whole lot of questions?

She is such a hard worker, working tirelessly.
Even longer hours than i trade.
Any time i come online she's there trading and waiting for advice.
Patiently online waiting for clues from me.
I surely vote , if any one should succeed , would have to be her.
But she must had hit the wall to want end her life.
And i believe I am partly responsible.
Without me and this thread, she may had given up long long ago.
What a damning feeling.
Damn my need to want pass my skills down.
Not everyone is like me, Some just cannot cut it, without the experience from working on the desks before.
I keep wondering , if i made her felt a sense of false confidence.
Damn!, Damn!, Damn!.

I surely wish there is a way intervene if not too late.
Damn! Damn! Damn.


regards
  • #30,399
  • Jan 28, 2012 8:07pm Jan 28, 2012 8:07pm
Quoting fti
Yesterday in her chat massages , she contempulating ending her life.
She thanked me for an extended 3 years of living.
I not heard from her since....
I keep wondering , if i made her felt a sense of false confidence.
fti:

Whatever happens, IF it does happen to imjncn, is not your fault.

You have change many people's life here, which many are very appreciative. If imjncn did what she mentioned she want to do, you had at least given her 3 years chance. False confidence or not, is something you cannot control.

God may judge you, but that is when you have kick the bucket one day. I think HE may pop the question: have you done what you should have done given the circumstance at the time of action?

We did what we can do at our best effort at that point of life, but we cannot control the outcome. God may have a master plan, but this master plan would include making me do what I supposed to do.

问心无愧。
  • #30,400
  • Edited 8:28pm Jan 28, 2012 8:16pm | Edited 8:28pm
I know, this is not easy situation.
Think in fault is futile excercise.
But remember you can only share who you are and what you do.
Every person need to understand before jump or try to copy.
I read many time from you... " you cant want a copy to you"
All of us have the final resposability of our own actions.
I can teach another surgeon, but I cant feel responsability for his action later in the surgical room.
Maybe I can feel, teach him was not my best choice. Thatīs all.
Many times I want to help and I try to show some thing to another who realy need to be successful. But maybe she are not ready.
Chat is not a good reference to know one person.
Please dont forget this, One person is more than, a trader, a surgeon, a teacher and fail in one area dont mean we fail as a human person.
Her action is posible a wrong answer to her complete life. Not her action to losing trade.

my heart with you.
6 traders viewing now