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Technical Analysis Fallacy

  • #35,001
  • Jul 20, 2012 10:23am Jul 20, 2012 10:23am
Quoting fti


http://www.youtube.com/watch?v=b6UAYGxiRwU

O my God, a higher principle!!!
  • #35,002
  • Jul 20, 2012 12:44pm Jul 20, 2012 12:44pm
Quoting Kingsw
I agree with you eblip. I am also in the same boat as you, but still struggling with understanding what fti tried to say. Might be I am slow, or too analytical, or simply 'dumb' but I am determined to see the light at the end of the tunnel. I am sure I will get there.

How many pages I need to read? I am only up to 50 something...

BTW, fti, I also like the songs you posted, so I am as 'old' as you are. hahaha

Thanks.

Regards,
King
hi kingsw...
yes you definitely need to read the first few hundred pages and to get them organised ...i am up to page 550 ish. and im going to read the whole thread ..to reinforce what has been said..the rest of the pages will be gradual and slow for nuggets.

be careful not to overcomplicate the matter..as lots of initial students were being very precise and exact about things...and were scolded...so i think it important to understand that the guidance is pointing you in the direction of making your trading intuitive, based on actual price action....and that things become clearer by actually practicing it.

good luck to us all.
  • #35,003
  • Edited 8:26pm Jul 20, 2012 8:00pm | Edited 8:26pm
Oh my goodness.

all focus is on 1 kid with a weapon and batman.
esp on 1 woman who not seem able "get something off her chest". a round.
seems they fail recognise, the frbric is tearing.

http://www.miamiherald.com/2012/07/2...orce-base.html

Used to be men was brought up to head families.
Learns responsibilitys skills, honour, discipline, manhood.
now what do they learn now?
any family values?
burnt your bras yet?
yaya some men already wear bras.
sold the euro yet?

start with the wrong core and skew it up.
I think you may like to have to deal with the result.
you was meant for the swat teams.
How do you charge a loonie?
he's being himself letting off some firecrackers.

ok we can switch on the virtual reality shooting games now.
we train em, the skills needs be used sometime.
will be new game out soon. need a name.
the joker shoots the silver screen?

bullets don't kill peeps, is humans thats doing it.
markets don't kill books, its the traders thats doing it.


regards

batman to the rescue.
Attached Image (click to enlarge)
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  • #35,004
  • Jul 20, 2012 8:27pm Jul 20, 2012 8:27pm
Hey fti, how you doing

I am on vacations now, spend some free time and money on music now, as I bought DJ equipment, so I am playing around. I liked your post about advertisments' one great example is nokia lumnia the new smartphone, its crap, but they are making so funny ads around it lol

Now I think I already graduated, so I have 2 options to go for masters degree or to find some job, but I don't know any people in financial industry niether my parents, since I am from lower-middle social class, so I don't hang around such people Also in my country it's very low paid maybe u get 1000 euro top if u lucky as begginer, so most likely I will go take masters, even though I hate formal education and school. I had an offer to go for international MBA, but I didn't have money to pay for tuition.
I am just fed up whole world is just set up around the money, and people forget to value other virtues and things
  • #35,005
  • Jul 20, 2012 8:30pm Jul 20, 2012 8:30pm
Quoting mijamoto
Hey fti, how you doing

I am on vacations now, spend some free time and money on music now, as I bought DJ equipment, so I am playing around. I liked your post about advertisments' one great example is nokia lumnia the new smartphone, its crap, but they are making so funny ads around it lol

Now I think I already graduated, so I have 2 options to go for masters degree or to find some job, but I don't know any people in financial industry niether my parents, since I am from lower-middle social class, so I don't hang around such people Also...
You must have been trading very early, so now you've just graduated?
  • #35,006
  • Jul 20, 2012 8:31pm Jul 20, 2012 8:31pm
EU seems down, was gonna ride the bus for a medium-term trade..
  • #35,007
  • Jul 20, 2012 8:35pm Jul 20, 2012 8:35pm
Quoting mijamoto
Hey fti, how you doing

I am on vacations now, spend some free time and money on music now, as I bought DJ equipment, so I am playing around. I liked your post about advertisments' one great example is nokia lumnia the new smartphone, its crap, but they are making so funny ads around it lol

Now I think I already graduated, so I have 2 options to go for masters degree or to find some job, but I don't know any people in financial industry niether my parents, since I am from lower-middle social class, so I don't hang around such people ...
Hi mija,
On vacation, buying music?
why not try used hands make some money first.
mobile phones? why, fixed line phones not working?
too many peeps communicate with?

yes you have choice.
get a MBa and get a teaching position.
or get a job and work yourself to the top.
your choice.

if you not profitable, 1000 e already overpaying.
Ya i know peeps think that money makes the world go round.
In reality the world has been turning on it own since time begun.
Maybe is nice take vigil and think carefully.
Is it peeps not value stuff, or is it you?
What has what other peeps value, got to do with you?

Girls like fast cars and good times.
needs lots $$$.
so what does it have to do with you?


regards
  • #35,008
  • Edited 9:11pm Jul 20, 2012 8:45pm | Edited 9:11pm
Quoting duyk20
EU seems down, was gonna ride the bus for a medium-term trade..
wow.
a medium?

sorry i not so clever.
can't see future, only the now.

medium term?
ya if i live thru tomorrow first.
oops , monday.
tomorrow is sunday, not need live on sunday....only monday.
time travel is already a reality?


regards


same as what i told mija,
ya we want to become this and that.
But what we doing NOW, to that ends.

we supposed to aim at a goal and shoot.
most aim, but few knows how to shoot properly.
untrained minds.
so if in such state , cheating will help you get there?

if i need get to NY.
most peeps thinks, i can just fly there.
In reality best you can do is buy a ticket and hope they have a seat on the flight.
they flying, you just deadweight , payload.
mindset.
  • #35,009
  • Jul 20, 2012 8:50pm Jul 20, 2012 8:50pm
Quoting fti
wow.
a medium?

sorry i not so clever.
can't see future, only the now.

regards
It's my crystal ball said so, fti.

Ok, it's a wrong mindset, trader would live in regrets all the time thinking this way. Let's trade the NOW.
  • #35,010
  • Jul 20, 2012 9:20pm Jul 20, 2012 9:20pm
Quoting duyk20
It's my crystal ball said so, fti.

Ok, it's a wrong mindset, trader would live in regrets all the time thinking this way. Let's trade the NOW.
ok , you start.
now i going listen some music.I 'll wait until i can get some prices on monday.
just being sargagie, i think/hope message got thru.
otherwise SMS mija, he has mobile phone.
i not use mobile phone. Or you can call my tablets.but is not likely they will answer.

looks like i turning joker too, ai ya batman's fault.


regards
  • #35,011
  • Edited 9:48pm Jul 20, 2012 9:35pm | Edited 9:48pm
oh, since i at it.

heres a thought.

when i buy a piece of software, i had analysed.
what it can do.
what it shouldn't do.
what is allowed and what is not.

don't sell me software then upgrade me with stuff,
until you had explained and convince me that,
it is for the better and without bugs that kills that which is working fine.

This the consumer rights. Don't allow bad business models on the internet.
Any one upgrading me without said and permission is a virus.
those who send others viruses should be put in jail for hurting others, violation of rights and privacy.

regards
  • #35,012
  • Jul 21, 2012 2:51am Jul 21, 2012 2:51am
Quoting fti
cannot tell you what where you wrong.
detected some weakness.

1. stop loss.
remember that your trades have counter parties.
If they can profile your pain treshhold from your blotter, then you paid for.
suspect you over trading your size.

2."find a thread that tells me when to trigger a buy or sell"
there's no such thingy in the real world.
You need manage and keep going windwards.
if wind stops you be generous and wait.
aside is a nice position to wait.

3. Gold.
the big boys in bullion and crude black gold.
they BIG.
are you bigger than...
Hi fti,
I am on page 29, thread 422. At the rate this thread is moving, I am not sure how soon I can catch up and be in the know.
As much as I love the shiny metal, you are right, I am going to stop trying to trade it. From demo account, it seems that my biggest winners are EU, U/CAD, A/CAD and U/CHF - so I am going to focus on these 4 pairs instead. Fengshui term : maybe I have Yuan feng with them.
Now, i am trying to get rid of all my indicators and try to go with the flow. For a start, it's hard,.. like withdrawal sympton, you need to look at some lines, some channel and stuff. My question is, while I will try to get the feel looking at the naked charts, is there a single indicator that I can use, to provide better guidance, gauge ?
Still learning, so please be patient with me. I want to close up the leak in my account.
Thanks,
  • #35,013
  • Jul 21, 2012 4:43am Jul 21, 2012 4:43am
Hi august21


indicator withdrawal I vaguely remember that stage.


you could try starting with line charts then candles without wicks, you may be surprised at the all the uncluttered quality info in them, back to the very basics and slowly work your way back up to full candles if you feel the need to, that is what I did anyway, not very exciting I know but the aim is to make money not satisfy ego's.


Regards


Phil.
-be careful about what you allow to be put in your mind-
  • #35,014
  • Jul 21, 2012 4:57am Jul 21, 2012 4:57am
Thx for reply FTI. I bought DJ controller and I earned money myself, by paying out bonuses for casino and sports betting, buying 2 festival tickets for lower money and than selling for higher money, delivering stuff with my cycle, doing school assignments for other ppl and so on. Maybe I will be able to work as DJ in club in future, but I don't count on that. I think for me would be best to mind own business, but I got no idea what to do, as I am not good to adopting companies philosophies. Right now I can only do to deliver stuff with my cycle, since I do lots of cycling I don't care that much about money, but unfortunately it's cheaper to buy food in store, than to work on farm, too produce itself. I have farm trust me about that Only wish I have now as young man just to travel a lot, too see world

Have fun guys
  • #35,015
  • Edited 6:01am Jul 21, 2012 5:49am | Edited 6:01am
Happy weekend to everyone. While doing my weekend research and reading, I came across this here on FF:
ht0tp://seekingalpha.com/article/737001-why-europe-could-crumble-on-sept-12th

Anyone thinking about taking long euro positions over the next few months, you have been warned -- lol! This article, IMHO, perfectly describes what has been happening over the last few weeks (the recent move up in the E/$), and the move south this past week.

The move south on Friday began after a region of spain announced it was in trouble, adding to the perception of financial doom there.

OK fti, I am now putting my crystal ball away and will be trading the charts (only) -- lol. Actually, not crystal balling, but gathering information and preparing for battle over the next few trading days. Hope you are all trading well these days and having a great weekend!
  • #35,016
  • Jul 21, 2012 6:12am Jul 21, 2012 6:12am
Quoting fti
oh, since i at it.

heres a thought.

when i buy a piece of software, i had analysed.
what it can do.
what it shouldn't do.
what is allowed and what is not.

don't sell me software then upgrade me with stuff,
until you had explained and convince me that,
it is for the better and without bugs that kills that which is working fine.

This the consumer rights. Don't allow bad business models on the internet.
Any one upgrading me without said and permission is a virus.
those who send others viruses should be put in jail for hurting others,...
last week I had virus in my body and giving me too much trouble, still giving me lot of cough and breathing problem.
Doctor says this is how it does when can't find any way out, better come out through nose or I will put pharma company in jail for keeping me and my family and probably neighbors awake.
  • #35,017
  • Jul 21, 2012 6:52am Jul 21, 2012 6:52am
World is best!

http://rt.com/usa/news/corporation-c...an-person-594/
  • #35,018
  • Edited 9:20am Jul 21, 2012 9:07am | Edited 9:20am
Quoting august21
Hi fti,
I am on page 29, thread 422. At the rate this thread is moving, I am not sure how soon I can catch up and be in the know.
As much as I love the shiny metal, you are right, I am going to stop trying to trade it. From demo account, it seems that my biggest winners are EU, U/CAD, A/CAD and U/CHF - so I am going to focus on these 4 pairs instead. Fengshui term : maybe I have Yuan feng with them.
Now, i am trying to get rid of all my indicators and try to go with the flow. For a start, it's hard,.. like withdrawal sympton, you need to look...
its ok choose partners, no problem.

looking at lines?
ok, but if you can find the woman in the dark.
so you should be able find your way in the markets.
don't think about the withdrawal, think pips.
yes, there is 1 single indicator you can use. P R I C E.

ok , please forget about the account leak.
what gone is gone.
the more you try get it back, the harder it will become on your mindset.
start fresh from now. in demo.
jump in the deep end.
you will learn lots new stuff.

do not try use real money until she had bashed you blue and black.
then you know what you not supposed do.

try this try lose big time and see how you feel.

if initially you need training wheels, try use only hourly ma.
but it slows you down.
but until you get your rhythm can use em for safety.

its in the thread, you not get there yet?



regards
  • #35,019
  • Jul 21, 2012 9:09am Jul 21, 2012 9:09am
Quoting mijamoto
Thx for reply FTI. I bought DJ controller and I earned money myself, by paying out bonuses for casino and sports betting, buying 2 festival tickets for lower money and than selling for higher money, delivering stuff with my cycle, doing school assignments for other ppl and so on. Maybe I will be able to work as DJ in club in future, but I don't count on that. I think for me would be best to mind own business, but I got no idea what to do, as I am not good to adopting companies philosophies. Right now I can only do to deliver stuff with my cycle,...
quite an enterprising young man you are.

wishing?
wait till you as old as me.
you will wish harder.

regards
  • #35,020
  • Jul 21, 2012 9:12am Jul 21, 2012 9:12am
Quoting simpleman
last week I had virus in my body and giving me too much trouble, still giving me lot of cough and breathing problem.
Doctor says this is how it does when can't find any way out, better come out through nose or I will put pharma company in jail for keeping me and my family and probably neighbors awake.

ai ya sorry to hear you no feeling well.
Cough and virus?
try this, may help
ginger water+honey.
creates lots greenstuff.

pray you get well soon.
keep warm.

regards
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