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Technical Analysis Fallacy

  • #32,861
  • Edited Apr 14, 2012 3:05am Apr 13, 2012 3:52pm | Edited Apr 14, 2012 3:05am
Quoting eraptheman
nice pic chief! finally a face to the man who changed my trading and also my life gratitude to you sir

How are you fredde?
thanks, you are too kind.
i can only lead the horses to the water, can't force them drink.

I am doing best i can expect of my situation.
the hardest part is waiting to die.
But i am off that now.
I 'll die standing if I must.

regards

hummm...didn't read much of the thread?
there's lots of my pics on it.
you are quite old timer on this thread, but may have missed some stuff?
but since you doing good, i hope you missed the unimportant ones.
  • #32,862
  • Edited 5:02pm Apr 13, 2012 3:57pm | Edited 5:02pm
Quoting tubguy
I made some too!

Sadly, still battling to keep my foreign cap. The bounce wasn't very high.

Maybe, I'll get another little push up to whack em on before close.

Been grabbing a pip or two here and there playing the range.

Maybe I'll kill em? still in profit.

Have a good weekend everyone.
nice to see you on your feets again.
be professional. Don't try make a fortune in 1 go.
Consistency, thats the key.

Markets will teach many lessons along the way.
so keep you thinking cap on.
just like the markets, you will find your equilibrium as you move forward cautiously.
As you mature into trading, skinning the cat, is no big deal.

regards
  • #32,863
  • Apr 13, 2012 4:21pm Apr 13, 2012 4:21pm
Quoting fti
nice to see you on your feets again.
be professional. Don't try make a fortune in 1 go.
Consistency, thats the key.

Markets will teach many lessons along the way.
so keep you thinking cap on.
just like the markets, you will find your equilibrium as you move forward cautiously.
As you mature into trading, skinning the cat, is no big deal.



regards

Thanks for the encouragement sir.

Didn't get all foreign cap back (3 pips short) so it ended good. Profit for the week.

Funny how things just seem to get clearer. You think you got it in focus and then it gets even clearer. Usually after one of those lessons by the market. LOL

No getting it all in one go anymore. I just recently realized that a decent
amount can easily come from a small lot size and proper skew when the read is right and mindset well.

Now, nothing but ants work for me. I'll let them grow as they build the mound.
  • #32,864
  • Edited 5:38pm Apr 13, 2012 4:24pm | Edited 5:38pm
Quoting N_Trader
or like my Warrant Officer once told me, "When I am in uniform, you were still in liquid form"...

Regards

PS I realised that it is during our weakest and darkest moment that we discover our true strength and courage.

I think I understand why. With your lady-killer looks, it's too easy to be misunderstood for being vain. Especially if you didn't care two twoots for that lady. : rofl:
So I guess you are kinda cool man ... no wonder
落花有意，流水无情。。。she...
lady killer? no such thing.
in fact i live a very quiet simple life, seldom naughty.
sometimes tactless in my dealing with peeps.
not like crowded places and have small circle of close friends.




regards
  • #32,865
  • Apr 14, 2012 8:05am Apr 14, 2012 8:05am
Inserted Video


Inserted Video
  • #32,866
  • Apr 14, 2012 3:21pm Apr 14, 2012 3:21pm
This is an article I found interesting:

From Morgan Stanley: "In our mind, many of the approaches to algorithmic execution were developed in an environment that is substantially, structurally different from today’s environment. In particular, the early part of the last decade saw households as significant natural liquidity providers as they sold their single stock positions over time to exchange them for institutionally managed products...
from http://www.zerohedge.com/news/why-market-slowly-dying

In short, it is about how today's market have been affected not only by HFT (high frequncy trading) but also from the exodus of retail investors and the frequent central banks' inteventions between other factors. It is referring principally to equity markets but who would disagree that in today's environment all markets are very closely linked to each other

I cannot contribute with any feedback myself other than it is not a total waste of time reading this article, but I would be interested in any comments from more experienced posters of course fti included.
  • #32,867
  • Apr 14, 2012 6:22pm Apr 14, 2012 6:22pm
Quoting fti
now i decided , no more to say about markets.
hang around sit with some friends.
will PM if assistance needed.

was thinking of the private room that i was accused of having.
But i think is not good for me . health wise, too much stuff to manage.
Also not want attract too much "friendly" devils with shadowless knives.


regards
Good to hear you still here fti! I am new to thread (but not to trading). I am in the past 2007 and working my way back to the future lol, but i will post markers to help others on the way. it would be good if this thread remained open, even if you have only a passive role for your pleasure :-) so others may tarvel the path and share
  • #32,868
  • Apr 14, 2012 6:46pm Apr 14, 2012 6:46pm
Quoting fti
Here is a Lesson my Dad thought me while I was young.
He's the big one in the avatar, I am the little one with the cowboy hat.
He was my mentor and he taught me alot about life while growing up.
He's no longer with us, gone home for some time already.
Do guard that this should happen to you, in your trading and your life.

A Lesson about Human Nature.
The Turtle and the Scorpion.
------------------------------------------------------------

Once upon a time, LONG LONG ago in China
There was this scorpion, who wanted to cross a river.
Since he...
See also #149
This tale of self-destructiveness is a powerful message, it works on many levels and market analogies. It is tempting to believe that we are turtles, and in crossing the flowing river of the market we should pick our point of crossing and go it alone, and watch out for brokers, dealers etc as while the waters are calm all may be good, but as soon as they are threatened by choppy and turbulent conditions they will kill you in an instant - because as scorpions it is in their nature.
But this is not the message i think. We are all scorpions, the turtle was not looking to cross the river. The scorpion asked for assistance. But as soon as conditions get choppy and threatening we will sabotage ourselves and self-destruct to avoid the stress -it's in our nature. This is why, i think, that mindset and calmness is so important for trading scorpions. Calmness helped by confidnce in our trading method over time. As fti recently said, be the river, go with the flow
  • #32,869
  • Apr 15, 2012 4:20am Apr 15, 2012 4:20am
Hi Friends. Yesterday i was thinking abt that i havent post something contributing into the thred... So : One day i was asking pro trader about what can i do for being trader. Answer was : "I cant help you, only i can recommend, watch the impulzes". And that was all. I realized throw the time, that it is the EGO, which just shouts that we should tell people what to do for being good traders. So imagine : Even the professionalls tell you that they dont know what to do... what is the way ahead and how to trade. And now imagine, that you are taking now advices from newbies or "seniors". How do you know, who they are? And just once: HOW DO YOU KNOW WHO THEY ARE? The only think here which is the source of info and attitudes, on that profesionals concurred, is the first 200pages.
- and another think i want to tell you : I was asking 10people with helping with creating some trades statistic. No-problem, that nobody was willing to help. But i know now, that they have trading as "part jobs, hobby, expectations to the future". They are not traders in conclusion. And i want to tell them : When you are doing something else, i trade. Instead of thinking how trading should be : I trade, i work on that. On Sunday i work on trades. When you ask me if i have money from that i will tell you that i have no time for telling such things because i work on trading. Regards and happy Sunday:-)
  • #32,870
  • Apr 15, 2012 4:43am Apr 15, 2012 4:43am
Quoting Fana
Hi Friends. Yesterday i was thinking abt that i havent post something contributing into the thred... So : One day i was asking pro trader about what can i do for being trader. Answer was : "I cant help you, only i can recommend, watch the impulzes". And that was all. I realized throw the time, that it is the EGO, which just shouts that we should tell people what to do for being good traders. So imagine : Even the professionalls tell you that they dont know what to do... what is the way ahead and how to trade. And now imagine, that you are taking...
Hi Fana,

Hope your weekend was great

You are right. Most here are not qualified to teach. Me included. But sometimes, I just wanted to share what I know with guys that are new to the thread. "Why?", you asked. Because I love trading. And I am grateful for all who have given me their opinions/advice. May not be 100% correct. but that's how I grow to become better. Yes. Another alternative is that we can all shutup and not say anything. And that would be the end of this thread.

I'm no expert. But don't assume that anyone else is taking it less serious simply because he/she is not doing it full time.

As for your experiement, I can only say that trading is a very personal pursue. We can blah blah a bit on this thread. Just to share experience and principles and some music. But to trade together, I think it's a very different issue.

Remember. You came this far only because fti and your so called "seniors" care enough to share.

That's all I have to say. Good week and good trading to all.

Regards
  • #32,871
  • Apr 15, 2012 4:44am Apr 15, 2012 4:44am
Inserted Video
  • #32,872
  • Apr 15, 2012 4:51am Apr 15, 2012 4:51am
Quoting N_Trader
Hi Fana,

Hope your weekend was great

You are right. Most here are not qualified to teach. Me included. But sometimes, I just wanted to share what I know with guys that are new to the thread. "Why?", you asked. Because I love trading. And I am grateful for all who have given me their opinions/advice. May not be 100% correct. but that's how I grow to become better. Yes. Another alternative is that we can all shutup and not say anything. And that would be the end of this thread.

I'm no expert. But don't assume that anyone else is...
Thats the problem itself! You write you are not professionall and that you are gratefull for help. How you know, that this is really the help? You can easily be homeless in future. Only as a professionall you can say, that that help was really help.
- And i like the bla bla too, but is good to distinguish it from "pppppproblematics dissssscussing".
- N Trader : How you want to do progress, talking ppl. from the same or near stage of developement? /not bla bla, but problematics issues please:-)
Regards
  • #32,873
  • Apr 15, 2012 5:14am Apr 15, 2012 5:14am
Quoting Fana
Thats the problem itself! You write you are not professionall and that you are gratefull for help. How you know, that this is really the help? You can easily be homeless in future. Only as a professionall you can say, that that help was really help.
- And i like the bla bla too, but is good to distinguish it from "pppppproblematics dissssscussing".
- N Trader : How you want to do progress, talking ppl. from the same or near stage of developement? /not bla bla, but problematics issues please:-)
Regards
Fana,

I do not mean to be rude. But I don't see you complaining when you were asking questions after 1000+ pages. So you are trying to say that the advice you received was worthless?

And I find it weird that the conviction/commitment/success of others should matter in your own development. If you are going full time and taking millions from the market i respect you. So you don't need this thread. For me, I am like most here. Just doing ants work.

Why are you so frustrated?

Regards
  • #32,874
  • Apr 15, 2012 5:16am Apr 15, 2012 5:16am
Quoting fti

secrets will always remain exactly what they supposed be . SECRET.

regards
Yes, chief

There are no holy grails. Just a lot of secrets
  • #32,875
  • Apr 15, 2012 5:24am Apr 15, 2012 5:24am
Quoting fti
AN Analysis in Restrospects.

As to the analysis given by some who analysed the morning session. It was obvious , of the bottommishness of the USD then, but to spend too much effort to determine the analysisi which was already on going and non-attentiveness to strategic positioning and elbowing for prime positioning and costing, seems to elude the trade mindset. This was what blinded me. My mind was distracted to the historical significance, of decisions already implimented into the market place. But really, it was my fault that I had asked the...
And just fyi, this post is found in page 205. It's a very good post regarding position management mindset. So quit saying that only first 200 pages is sufficient. First 200 pages lays the foundation. The rest are further discussion regarding the foundation and I personally find them very helpful.

Regards
N
  • #32,876
  • Apr 15, 2012 5:25am Apr 15, 2012 5:25am
Quoting N_Trader
Fana,

I do not mean to be rude. But I don't see you complaining when you were asking questions after 1000+ pages. So you are trying to say that the advice you received was worthless?

And I find it weird that the conviction/commitment/success of others should matter in your own development. If you are going full time and taking millions from the market i respect you. So you don't need this thread. For me, I am like most here. Just doing ants work.

Why are you so frustrated?

Regards
N Trader.

But I don't see you complaining when you were asking questions after 1000+ pages. So you are trying to say that the advice you received was worthless?
"Yes and No". I should press myself much more to be careful from who i take that info.

N Trader :
- "So you don't need this thread" - No comment
- the posture about what you do and how is not enough. You mean partial ant work? And others, take care...
Look, when you want to reach the real goals, you must be sharp, everytime careful, you must accept the parameters of market unless others ideas how it is... So again, you think you do ant work? Approximate it to the future, you will see there if it was ant work....but the future is not NOW! You cant tell it now. Hawk, enough to explain what i wanted to share. All in piece please... My last comments are mostly understood as "not making sense or so". Is here anybody to whom it make sense? Rgds
  • #32,877
  • Apr 15, 2012 5:32am Apr 15, 2012 5:32am
Quoting fti
http://www.youtube.com/watch?v=PGd4Rs-O3ws
The secrets are so evident in everyday of our lives. Some just choose not to see it.

Thanks, Chief. I enjoyed the clip very much.

Hope you are well rested.

Regards
  • #32,878
  • Apr 15, 2012 5:34am Apr 15, 2012 5:34am
Quoting Fana
N Trader.

But I don't see you complaining when you were asking questions after 1000+ pages. So you are trying to say that the advice you received was worthless?
"Yes and No". I should press myself much more to be careful from who i take that info.

N Trader :
- "So you don't need this thread" - No comment
- the posture about what you do and how is not enough. You mean partial ant work? And others, take care...
Look, when you want to reach the real goals, you must be sharp, everytime careful, you must accept the parameters of market unless...
Ok Fana,

I get your point. And I respect that. Peace please.

Regards
N
  • #32,879
  • Apr 15, 2012 5:37am Apr 15, 2012 5:37am
Quoting N_Trader
Ok Fana,

I get your point. And I respect that. Peace please.

Regards
N
Thats the privilege not very often in our World, that we discuss all in high level of comunication. . Thanks to our Boss who created such environment. Regards
  • #32,880
  • Edited 6:07am Apr 15, 2012 5:44am | Edited 6:07am
Quoting fti
http://www.youtube.com/watch?v=B_2ZUoC9jDI
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