I think have title for new novel. "White Collar Warlords". Anyone interested pen it?
regards.
regards
Technical Analysis Fallacy
at least some decent moves.
- #33,025
- Edited 7:16pm Apr 19, 2012 6:49pm | Edited 7:16pm
- Joined Nov 2007 | Status: Trader | 19,782 Posts
hi fti
abolutely great thread!
Here's a thought for you.
Is Sarkosy a turtle?
Is Merkel a scorpion?
are they in choppy seas in a fast flowing river?
;-)
i don't think that way.we all turtles or scorpions, depends on the circumstances we in.
when our back against the wall, we turn into beasts.
everyone doing what they believes is best practises either by analysis or by training.
My believe is that , all must respond to the signals one sees, and rechart courses according to the storm one is in. Is important have mindset for damage control before situations becomes unrecoverable. Is analysis and judgements mostly. If decision is death ground battle, then only thing we look forward to is to pay the price , if the battle fails.
No one is perfect, only God is. So best avoid any actions thats evil. Esp when realise that ego becomes part of decision process.
IMHO, France tried save eurozone situation by circumventing the designated ECB, by extra ordinary means setting up private rescue mechanism. For Germany, they already paid very high price going along with the scheme. Probability is they can see the possible rocks on the horizon already, and with strong tail wind pushing then in that direction. so may need be prudent with any more dangerous maneuvers ahead. I guess everyone can see that the ECB was not on frontline like they are now. The question is, is it too little too late.
But that, is what we would need to speculate on. Is our job. We can only flow with the terrain best we can.
They already built up a big firewall. So is now house on the hill and everyones eyeing the sweet. Problem is household is not in unity. Enemies within, that will be hard fend off.
regards
- #33,026
- Apr 19, 2012 7:18pm Apr 19, 2012 7:18pm
- | Joined Sep 2009 | Status: Trader | 1,227 Posts
we all turtles or scorpions, depends on the circumstances we in.
when our back against the wall, we turn into beasts.
everyone doing what they believes is best practises either by analysis or by training.
My believe is that , all must respond to the signals one sees, and rechart courses according to the storm one is in. Is important have mindset for damage control before situations becomes unrecoverable. Is analysis and judgements mostly. If decision is death ground battle, then only thing we look forward to is to pay...
"important have mindset for damage control before situations becomes unrecoverable."
Wound up in deep waters on monday. Killed all even though I knew there should be a pullback to rescue. Turned out, I was right. Just couldn't go to sleep with open positions.
Much work still to do on my mindset I guess? Mostly patience I think, & still a bit of adjustment on my skews. Seems I still get rigid thinking I know "this is where it will turn to rescue with a big skew quickly"
Gotta solve this one! Easier to quit tobacco I think! LOL
Glad your still here Fti.
Good Trading
Mike
- #33,028
- Apr 20, 2012 4:13am Apr 20, 2012 4:13am
we all turtles or scorpions, depends on the circumstances we in.
when our back against the wall, we turn into beasts.
everyone doing what they believes is best practises either by analysis or by training.
My believe is that , all must respond to the signals one sees, and rechart courses according to the storm one is in. Is important have mindset for damage control before situations becomes unrecoverable. Is analysis and judgements mostly. If decision is death ground battle, then only thing we look forward to is to pay...
I was thinking of their mindset at the moment, the cosy merkosy relationship could hit rough waters if Sarkosy loses the election as the polls indicate, one has to imagine merkel jumping turtles mid stream, if you can picture that :-). But as you say, we need to just go with the flow.
- #33,030
- Apr 20, 2012 4:24am Apr 20, 2012 4:24am
Hi Fana,
Difficult test indeed.
Cause remembering the excerpt pagewise is a task that requires religious fervour. I am sorry I did not do well in the test.
Hey i did remember the excerpt in Q.3 and did know what had been written on page 75. Make some concession for loose marking and i do hope to get pass.
regards
Difficult test indeed.
Cause remembering the excerpt pagewise is a task that requires religious fervour. I am sorry I did not do well in the test.
Hey i did remember the excerpt in Q.3 and did know what had been written on page 75. Make some concession for loose marking and i do hope to get pass.
regards
- #33,031
- Apr 20, 2012 4:49am Apr 20, 2012 4:49am
- | Joined Mar 2009 | Status: Trader | 1,849 Posts
Hi Fana,
Difficult test indeed.
Cause remembering the excerpt pagewise is a task that requires religious fervour. I am sorry I did not do well in the test.
Hey i did remember the excerpt in Q.3 and did know what had been written on page 75. Make some concession for loose marking and i do hope to get pass.
regards
- #33,039
- Apr 20, 2012 11:58am Apr 20, 2012 11:58am
- Joined Jul 2011 | Status: an ant working the structure | 3,248 Posts
-be careful about what you allow to be put in your mind-