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Technical Analysis Fallacy

  • #32,601
  • Mar 30, 2012 12:56pm Mar 30, 2012 12:56pm
Quoting cuthbert
level 6 rescue

yea if total troops is 100 hitting a 40 troops rescue makes you still shake...still learning...

V
  • #32,602
  • Mar 30, 2012 1:20pm Mar 30, 2012 1:20pm
http://www.guardian.co.uk/business/2...-third-bailout
  • #32,603
  • Mar 30, 2012 1:33pm Mar 30, 2012 1:33pm
Quoting indianguyinny24
yea if total troops is 100 hitting a 40 troops rescue makes you still shake...still learning...

V
Wow! Now I don't feel so bad about my level 4 rescue earlier in the week.

Sad part is...would have worked for a nice profit but I killed it for a small loss
because I had to sleep and couldn't with that level on.

Learned not to enter a trade late in the day. LoL
  • #32,604
  • Mar 30, 2012 2:15pm Mar 30, 2012 2:15pm
Quoting indianguyinny24
yea if total troops is 100 hitting a 40 troops rescue makes you still shake...still learning...

V
Do you think it is acceptable practice to risk 40% of capital on a nth level rescue, a situation where it is very possible to be very tired, less sharp, maybe against the trend, maybe with a less "cool" mindset?

I am not trying to criticize, or even make any statements - just a question I'd be interested in yours and other poeple's replies.
  • #32,605
  • Edited 2:44pm Mar 30, 2012 2:29pm | Edited 2:44pm
Quoting Jok
Yes, Simpleman, thank you. Very good input for me.

1st million...uhmmm

yes 100k into 1,000k and 10k into 100k is difficult. more difficult is 10k into 1,000k
  • #32,606
  • Edited 3:43pm Mar 30, 2012 2:42pm | Edited 3:43pm
Quoting Arhs99
Do you think it is acceptable practice to risk 40% of capital on a nth level rescue, a situation where it is very possible to be very tired, less sharp, maybe against the trend, maybe with a less "cool" mindset?

I am not trying to criticize, or even make any statements - just a question I'd be interested in yours and other poeple's replies.

Mindset when not right i wont recomend any rescue not even 1%....about the 40%...
40 troops in war doesnt mean you have to loose all 40 troops then come out ...when you have 40 troops and it goes against you kill whatever so that you are always be in threshold of 5% or 3 X daily limit...

Exposure and Drawdown are related but they are not same....

V
  • #32,607
  • Mar 31, 2012 6:48am Mar 31, 2012 6:48am
Quoting imsmart
Nothing is difficult if you have patience.
oh yeah? we have first millionaire student on the thread.
  • #32,608
  • Mar 31, 2012 6:49am Mar 31, 2012 6:49am
Quoting N_Trader
I am thinking Europe

Attachment
yes why not, let me know please.
  • #32,609
  • Edited 9:22am Mar 31, 2012 7:41am | Edited 9:22am
so many geeks here trying build black box.
still cannot get it, why?because selfish.
You will be your worst enemies.

My China wall is Up.Sorry.
人心太毒
殈人迷路
勢利
家賊難防
yaya, i apologise.
I apologise give pearls to swine.
thanks Jesus.

regards
Attached Image (click to enlarge)
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  • #32,610
  • Mar 31, 2012 7:57am Mar 31, 2012 7:57am
To all my friends--
I will have new medical sessions. My family want me to go back to hometown to do it.

Trading will be difficult with only one laptop. So I decide to re-allocate back to hometown. That means lots of people around will disturb my trading, off-trading time will be occupied by them too.

I will be missing my online activities, especially TAF thread.

Anyway, have to go out of computer for eyes sake.

Wish you all happy pipping everyday!
  • #32,611
  • Mar 31, 2012 8:18am Mar 31, 2012 8:18am
Quoting imjscn
To all my friends--
I will have new medical sessions. My family want me to go back to hometown to do it.

Trading will be difficult with only one laptop. So I decide to re-allocate back to hometown. That means lots of people around will disturb my trading, off-trading time will be occupied by them too.

I will be missing my online activities, especially TAF thread.

Anyway, have to go out of computer for eyes sake.

Wish you all happy pipping everyday!
Take care, Jenny.

Hope you get well soon

Regards
  • #32,612
  • Mar 31, 2012 8:21am Mar 31, 2012 8:21am
Quoting fti
so many geeks here trying build black box.
still cannot get it, why?because selfish.
You will be your worst enemies.

My China wall is Up.Sorry.
人心太毒
殈人迷路
勢利
yaya, i apologise.
I apologise give pearls to swine.
thanks Jesus.

regards
Take care, Chief.... I think I can understand.

Guess I will be taking a break from this thread n from trading for a while too.

Thanks for all that you've been to me.

Regards
N
  • #32,613
  • Mar 31, 2012 10:30am Mar 31, 2012 10:30am
Quoting imjscn
To all my friends--
I will have new medical sessions. My family want me to go back to hometown to do it.

Trading will be difficult with only one laptop. So I decide to re-allocate back to hometown. That means lots of people around will disturb my trading, off-trading time will be occupied by them too.

I will be missing my online activities, especially TAF thread.

Anyway, have to go out of computer for eyes sake.

Wish you all happy pipping everyday!
Good luck Jenny, get better soon
  • #32,614
  • Mar 31, 2012 10:35am Mar 31, 2012 10:35am
Quoting fti
so many geeks here trying build black box.
still cannot get it, why?because selfish.
You will be your worst enemies.

My China wall is Up.Sorry.
人心太毒
殈人迷路
勢利
家賊難防
yaya, i apologise.
I apologise give pearls to swine.
thanks Jesus.

regards
well said, we want millions but not the chart reading skills. We are thief in our own homes.
  • #32,615
  • Mar 31, 2012 10:46am Mar 31, 2012 10:46am
@fti,
i am a much better trader because of the TAF thread. thank you for sharing your wisdom and experience. you will be missed.
rgds/kevin
  • #32,616
  • Mar 31, 2012 10:48am Mar 31, 2012 10:48am
Chief,

Emailed you something....


V
  • #32,617
  • Mar 31, 2012 1:36pm Mar 31, 2012 1:36pm
Quoting fti
so many geeks here trying build black box.
still cannot get it, why?because selfish.
You will be your worst enemies.

My China wall is Up.Sorry.
人心太毒
殈人迷路
勢利
家賊難防
yaya, i apologise.
I apologise give pearls to swine.
thanks Jesus.

regards
ok

regards
  • #32,618
  • Mar 31, 2012 3:53pm Mar 31, 2012 3:53pm
Quoting imjscn
To all my friends--
I will have new medical sessions. My family want me to go back to hometown to do it.

Trading will be difficult with only one laptop. So I decide to re-allocate back to hometown. That means lots of people around will disturb my trading, off-trading time will be occupied by them too.

I will be missing my online activities, especially TAF thread.

Anyway, have to go out of computer for eyes sake.

Wish you all happy pipping everyday!
Hate to see you have to go. Only known you a short time and really enjoy your input on the thread.

Hope all goes well for you and hope you will pop in from time to time.

Good Trading
Mike
  • #32,619
  • Apr 1, 2012 12:36am Apr 1, 2012 12:36am
Quoting N_Trader

When he says scale in, his referring to scaling in in position size. i.e. increase of exposure.

And Scaling out means reducing exposure/squaring of position. It means to close your trades and see your performance for the trading period.
Hi N, thanks for the reply.

Mamood mentioned when PA is not in our favor, scale out.

However, if we have troops stuck when PA is not in our favor AND troops are in rescuable situation, shouldn't we increase exposure to bring the troops home?
  • #32,620
  • Apr 1, 2012 3:34am Apr 1, 2012 3:34am
Quoting imjscn
To all my friends--
I will have new medical sessions. My family want me to go back to hometown to do it.

Trading will be difficult with only one laptop. So I decide to re-allocate back to hometown. That means lots of people around will disturb my trading, off-trading time will be occupied by them too.

I will be missing my online activities, especially TAF thread.

Anyway, have to go out of computer for eyes sake.

Wish you all happy pipping everyday!
Hi Jenny. All to your comfort:-). Regards
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