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Technical Analysis Fallacy

  • #33,961
  • Jun 5, 2012 10:54am Jun 5, 2012 10:54am
Quoting fana
today is g7 meeting!

спасибо
друг,,,для отправки новости

мир на земле
мира в небо
  • #33,962
  • Jun 5, 2012 10:55am Jun 5, 2012 10:55am
Quoting fti
ok, what ever you see, you see.
so next step is what kind of strategy will be favorable , if what you see comes true?
long term?
in the long term , we all will be dead.
so we need make strategies, what to do in the short term.
and also what our position will look like in the long term,doing the short term strategies.

regards

no one lives in the long term.
we always should have a ball park outlook to what it will look like in the long term,
while implimenting our day to day living.
you miss 1 day, and surely you can assume that you dead.

scout...
as usual ,,sir,,,,,,
your words are always refreshing and always the spirit of ,,,
salute,,

regards
good nite,,,
  • #33,963
  • Jun 5, 2012 11:37am Jun 5, 2012 11:37am
Quoting sumakianlee
спасибо
друг,,,для отправки новости

мир на земле
мира в небо
Jasná páka brácho:-)
  • #33,964
  • Jun 5, 2012 1:37pm Jun 5, 2012 1:37pm
Quoting sumakianlee
спасибо
друг,,,для отправки новости

мир на земле
мира в небо
Where did you learn Russian, boss?
Do you think , this is a good investment in the future?
I know, especially not trading opinion ... but opinion of most .....
  • #33,965
  • Jun 5, 2012 5:39pm Jun 5, 2012 5:39pm

Quoting fti
ok, what ever you see, you see.
so next step is what kind of strategy will be favorable , if what you see comes true?
long term?
in the long term , we all will be dead.
so we need make strategies, what to do in the short term.
and also what our position will look like in the long term,doing the short term strategies.

regards

no one lives in the long term.
we always should have a ball park outlook to what it will look like in the long term,
while implimenting our day to day living.
you miss 1 day, and surely you can assume that you dead.

scout...
  • #33,966
  • Jun 5, 2012 7:33pm Jun 5, 2012 7:33pm
Good morning fti sir, cant sleep, was reading some of your earlier posts.
  • #33,967
  • Jun 5, 2012 8:24pm Jun 5, 2012 8:24pm
Quoting luSan
Up? Is PA up? You must be kidding. Look at this daily chart.
I don't use daily and weekly charts to determine trend, but only for locating S/R areas that may be good for deploying scouts and rescues. If I'm scalping 1M, I use 5M to determine the trend. Trends only make sense to me when measured close to the trading time frame.

Trading with the trend is easy. Surviving changes of trend is difficult: knowing when to rescue, when to flip and when to fold.
  • #33,968
  • Jun 5, 2012 9:24pm Jun 5, 2012 9:24pm
Quoting AllanS
..... 1M, I use 5M to determine the trend. Trends only make sense to me when measured close to the trading time frame.

Trading with the trend is easy. Surviving changes of trend is difficult: knowing when to rescue, when to flip and when to fold.
.
Empty as water and soft as a facing wind mountain
  • #33,969
  • Jun 5, 2012 10:49pm Jun 5, 2012 10:49pm
A hypothetical question.

Fred happens to have a spare 100k and hopes to make 0.2% on average every day. He thinks he has the time and skill to do this. Should he put the full 100k into an account and aim for 0.2%, or should he put 10k into the account and aim for 2%? With 100k account, the disaster stop would be 10%. With the 10k account, the disaster stop would be the margin call.

What would you advise Fred to do?
  • #33,970
  • Jun 5, 2012 11:07pm Jun 5, 2012 11:07pm
Quoting AllanS
A hypothetical question.

Fred happens to have a spare 100k and hopes to make 0.2% on average every day. He thinks he has the time and skill to do this. Should he put the full 100k into an account and aim for 0.2%, or should he put 10k into the account and aim for 2%? With 100k account, the disaster stop would be 10%. With the 10k account, the disaster stop would be the margin call.

What would you advise Fred to do?
2% of 100k is 2k everyday. You mean that with 10k account, Fred is still looking to earn 2k everyday? Definitely I would advise Fred to choose 100k account. The opening of an account is a hassle and having a margin call is not good for the psychology.

Always remember number 1 rule: Preservation of Capital.

Prevent the margin call or capital loss at all cost.
  • #33,971
  • Jun 6, 2012 12:16am Jun 6, 2012 12:16am
Quoting duyk20
2% of 100k is 2k everyday.
I mean, should Fred try to make 0.2% of 100k, or 2% of 10k. ie. $200 a day. In both cases, the disaster stop is 10k.

Personally, I'd find it easier psychologically to make the smaller % on the bigger deposit. It's irrational, but there it is. What I wouldn't find easy is putting that much money into a fx broker's account, even if it's fully segregated and well regulated. I can't help feeling my under my mattress might be safer...

Quote
Always remember number 1 rule: Preservation of Capital.
For me, that's one of the three best bits of advice in fti's thread. The others are "Ant's work", and "Never rescue against the trend."
  • #33,972
  • Jun 6, 2012 2:17am Jun 6, 2012 2:17am
Quoting Gro
Where did you learn Russian, boss?
Do you think , this is a good investment in the future?
I know, especially not trading opinion ... but opinion of most .....

Where did you learn Russian, ?

== učit od Google
brácho,,, lol ,,


Do you think , this is a good investment in the future?
I know, especially not trading opinion ... but opinion of most .

== podle mého názoru
relativní
investice je relativně

regards ,,brácho,,,
  • #33,973
  • Jun 6, 2012 2:37am Jun 6, 2012 2:37am
Quoting AllanS
A hypothetical question.

Fred happens to have a spare 100k and hopes to make 0.2% on average every day. He thinks he has the time and skill to do this. Should he put the full 100k into an account and aim for 0.2%, or should he put 10k into the account and aim for 2%? With 100k account, the disaster stop would be 10%. With the 10k account, the disaster stop would be the margin call.

What would you advise Fred to do?
Isn't the answer obvious, if you believe it's "ants work"

I enjoy your posts.

Rgs,
Baifu
  • #33,974
  • Jun 6, 2012 2:41am Jun 6, 2012 2:41am
Quoting sumakianlee
Where did you learn Russian, ?

== učit od Google
brácho,,, lol ,,


Do you think , this is a good investment in the future?
I know, especially not trading opinion ... but opinion of most .

== podle mého názoru
relativní
investice je relativně

regards ,,brácho,,,
Jasně, a kdyby si jen věděl jak jednoduchá je angličtina ve srovnání se sice nelogickými, ale květnatými jazyky slovanskými, jistě by jsi mi dal zapravdu, že učit se Česky není ztráta času:-).
  • #33,975
  • Jun 6, 2012 2:44am Jun 6, 2012 2:44am
Quoting Fana
Jasně, a kdyby si jen věděl jak jednoduchá je angličtina ve srovnání se sice nelogickými, ale květnatými jazyky slovanskými, jistě by jsi mi dal zapravdu, že učit se Česky není ztráta času:-).
Which language you speaking now?
TRADE WHAT U SEE NOT WHAT U WANT TO SEE.
  • #33,976
  • Jun 6, 2012 2:46am Jun 6, 2012 2:46am
Quoting sukkim
Which language you speaking now?
Czech if i can please... this is the second most difficult language after Chinese. (UFOs not embraced)
  • #33,977
  • Jun 6, 2012 2:49am Jun 6, 2012 2:49am
Quoting Fana
Czech if i can please... this is the second most difficult language after Chinese. (UFOs not embraced)
I've to learn it.
TRADE WHAT U SEE NOT WHAT U WANT TO SEE.
  • #33,978
  • Jun 6, 2012 2:50am Jun 6, 2012 2:50am
Quoting sukkim
I've to learn it.
Good luck then
  • #33,979
  • Jun 6, 2012 3:21am Jun 6, 2012 3:21am
Quoting sukkim
I've to learn it.
Slavic languages derived from Sanskrit.
Rgs
  • #33,980
  • Jun 6, 2012 3:23am Jun 6, 2012 3:23am
Quoting Gro
Slavic languages derived from Sanskrit.
Rgs
I know little bit Sanskrit, It was in my childhood only.
TRADE WHAT U SEE NOT WHAT U WANT TO SEE.
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