Attachments: Technical Analysis Fallacy

Technical Analysis Fallacy

#35,221
Jul 25, 2012 11:19am Jul 25, 2012 11:19am

indianguyinny24
| Joined Jul 2007 | Status: Trader | 2,994 Posts

Quoting Gro

Disliked

I heartily agree.

"Not believing what they write reports but ask WHY they write".

PS Does not interest whether exist or not master Sun.It is one of the five canonical books-Pearl of the human spirit.Thats all.

Ignored

Again simple english amazing

Quoting Gro

Disliked

Nine land is scorpion but also the evolution.
Rgs

Ignored

Gro is Back...how r u

V

#35,222
Jul 25, 2012 11:47am Jul 25, 2012 11:47am

august21
| Joined May 2010 | Status: Trader | 91 Posts

Hi fti,
I am attempting a rescue for EU (I long),.. sent a scout, sent a troop (x2 of scout volume) and sent another rescue team , troop 2 (x 3 of scout volume).
Now, all these are fighting a losing battle and it's late,.. I need to go to bed.
My question is, do I cut losses and close shop for the day, or do I leave it to fight it's better for the rest of the night.
Is there a time limit on troop recall - be it profitable or not ? My volume's small, so I am not losing sleep over it - but just trying to understand if there is a time-out.
Thanks,

#35,223
Jul 25, 2012 11:59am Jul 25, 2012 11:59am

kinky
| Joined Aug 2009 | Status: Trader | 536 Posts

Quoting august21

Disliked

Hi fti,
I am attempting a rescue for EU (I long),.. sent a scout, sent a troop (x2 of scout volume) and sent another rescue team , troop 2 (x 3 of scout volume).
Now, all these are fighting a losing battle and it's late,.. I need to go to bed.
My question is, do I cut losses and close shop for the day, or do I leave it to fight it's better for the rest of the night.
Is there a time limit on troop recall - be it profitable or not ? My volume's small, so I am not losing sleep over it - but just trying to understand if there is a time-out.
Thanks,...

Ignored

Hi august,

quote from fti

Quote

Disliked

Its only scout, no nned do death match. Pull the plug is better.
But is good lesson about baby sitting. If left unattended, best square out. But if you have long term opinions, then do it full cash. Absolutely no leverage. Then can even take trip to the other side , come back and positions still there.

#35,224
Jul 25, 2012 12:58pm Jul 25, 2012 12:58pm

luSan
Joined Feb 2008 | Status: Cartographer | 1,981 Posts

Quoting kinky

Disliked

Hi august,

quote from fti

Ignored

Correct.

Empty as water and soft as a facing wind mountain

#35,225
Jul 25, 2012 5:47pm Jul 25, 2012 5:47pm

tubguy
| Joined Sep 2009 | Status: Trader | 1,227 Posts

Quoting fti

Disliked

translations.
ok Sun zi bing fa, is written by a general sun, but he disappeared and no records of him.
except the legends and court(dynastic) documents about his achievements. Is norm that the scholars a credit the documents to a Sun bing(soldier, warrior). It was in the period of china of the 7 waring states.

i perused the articles you posted.
all are propaganda post reporting analysis of the situations we are very aware of.
the politics, is out of the scope of traders.

the analysis is of no benefit to help traders understand nor advantage...

Ignored

I love this post!

I never think about what the news is...only the time that it hits to be prepared for possible crazyness. Glad to have my thoughts on it reassured.

#35,226
Jul 25, 2012 11:37pm Jul 25, 2012 11:37pm

fti
Joined Nov 2007 | Status: Trader | 19,782 Posts

wow, good rest.

market resting too.

see now they punish our info.

http://www.bloomberg.com/news/2012-0...kkei-says.html

never show your blotter.

regards

#35,227
Jul 26, 2012 12:08am Jul 26, 2012 12:08am

august21
| Joined May 2010 | Status: Trader | 91 Posts

I am not sure about the rest of you, but after reading this thread and implementing the strategies,.. I have this unspoken calmness when trading - and even the trade is against me , there isn't any panic.. I just let it flow out and come back to me. I used to panic and sweat,.but now,..no - serenity. Thanks fti,..grateful to you.
Do anybody feel the same?

#35,228
Jul 26, 2012 12:17am Jul 26, 2012 12:17am

Kingsw
| Joined Jul 2012 | Status: Trader | 65 Posts

Quoting august21

Disliked

I am not sure about the rest of you, but after reading this thread and implementing the strategies,.. I have this unspoken calmness when trading - and even the trade is against me , there isn't any panic.. I just let it flow out and come back to me. I used to panic and sweat,.but now,..no - serenity. Thanks fti,..grateful to you.
Do anybody feel the same?

Ignored

Same here. I think we are more prepared and have a contingency plan when things do not work out. Also we free our mind from fighting the unchangable, and instead focus on the moment of now and be like water in the market. Comforting and less emotional rollercoaster.

Regards,
King

#35,229
Jul 26, 2012 12:30am Jul 26, 2012 12:30am