Technical Analysis Fallacy

Hi fti and friends,

i am thinking of adding a short here..

What are your views of adding a trade in between 2 other previous trades.. i don't think its useful because i am increasing my exposure but not improving my average.. its neither attack nor rescue..

appreciate your comments.. thank you.

if you need think, then don't add.
add when you feel the market.

there's 2 ways inprove costing.
Adding.
and other way is take half profits. Then you high and out of any dangers.
only add when you feel big possibility of move coming.
Nromally when that happens, you have active activities.

if activities returns.
and moves fast
if you chase the markets, then make sure you also know how to duck out.
stay in same form.
if you chase markets, then you cannot overstay.
if you building positions then you mmust have possitions that allow you stay.
they modes are different.
no switching from one to another in erratic manner.
either you building positions or you scalping.
not both.


regards

this you must learn manage from experience.
when you add positions, you are incresing you sigma positively or negatively.
so your sigma, (risk/exposure increases) so your cost is getting worst.
if your cost is improving, then is because you are adding in contararian, ie retracements.
if you adding in retracements of trend, then cost improves, make sure sigma cannot blow book.

when you in doubt, is hard anyone advice, because no one can see you sigma nor book tolerance nor your foreign cap cushion except you.
if you using only 1 broker, and your robot broker.
so you must learn read the chart from the perspective of your book.
if you have lots ammo, you may want to incease your sigma.
in this case -ve sigma.
but if you ammo not plentyful then you must take a more patience strategic approach.

example
if you add shorts here,
then you must have a ball park outlook to what your book will look like if we retrace to test 12350s
and what options are available.
and you keep need do this way of thoughts as we move along.

You no need think what book looks like if markets drops.
only will looks 1 way, sexy. ok for you maybe kinky is the word.


.

i see.. i never realised that. should reread thread.. thank you fti!

btw.. glad to see LKY on tv during national day. what a respectable figure!

http://www.channel4.com/news/lies-da...e-gets-nastier

only under achievers need strategies put others down.
they not have any achievements to highlight.
Achievers highlight their achievemenets.

regards


reminds me.
there were instances,some dealers asked for raise in salaries.
their 'reason', look i lost less than the other guy.
yeap sure , why not?

yeap the man went thru heaps get the peeps where they are.

regards

Battale protocol , red flag.

no likely agressions expected.
awaits us budget balance satauday reports.
possible monday gaps.

soft euro overtone.
warning issued from hermany.
spanish unemployment expected rocket.


regards

lol... check out their g-loc faces.

once we tasted flight.. we long to return

parking attendants please.

need to park usd in nice spot watch how well they learned how to balance budgets.
nice day for a strong retracement for gapping?


regards

When I understood this, it was an eye opener....

Makes you wonder about many traders in this forum that say they would NEVER average down, but they frequently take half or part of their position to get a "FREE" trade. Without realizing that they are both ways of improving your cost.

Again, something to thank you for FTI

regards

wow.
park carfully hor.
i no want see any dents.
dang reckless valet.

by the way , this a lesson about vacuum.
wow, multi billion$ trades per day.
ya, sure.
poor ducks, i hope they can get a fill.

nothing that was not obvious la.

thanks for your kind words.
you would be suprised, sometimes to hold a $1(mio) position i had to deal $100
same now, only less zeros at the end.
But the brokers still loves me.

Try visualise the amount of money dropped in markets, just on the 2 pips spread alone, on the size of the volume that goes thru daily.
My gfs used always asked me.
You want quantity or quality.
that, my friend, is your choice.
In the real world, there is no such thing as quality.
its in your head.
maybe a better way say it is , its in the branding.


regards

even did a song about it.


forex trading is easy money?
ya , sure, try it.

"I made 100% profits of my money in 1 week."
yeah, sure you did.
very creative accounting.
by the way, why the advertisement/
trying raise trading capital?

good call, chief! have a great weekend!

It wasn't for me! it's hard to grasp some concepts when you are trapped in the tp/sl of trades mentality.

Wow real vacuum in the mkts going into the weekend. !!

Hope that next week with the Londoners out of the stadiums will improve.

Good weekend to all!

yeah, makes sonic booms in the brains.
is very addictive.
worst than corpus.
the boom, is costly.
no can afford it on our own.

regards

Hey fti I wanna ask how to earn respect from people and little about all this respect ting. I feel like plenty of people laugh at me and disrespectful to me, since I am just normal guy, I don't care what brand of clothes of me, trying to be nice to people, but only problem is I am without money. So even my friend, are telling me I am almost like homeless guy. I was happily surprised when one korean girl was very grateful yesterday, when she told me she arrived to city 2:30 am in morning, so I cycled 6km to get there in 15min, so I took her around the city. In korea I really saw people do respect when you like work hard, even though you don't have results, as people respected me in taekwondo gym, as I was training long hours there every day. Otherwise there even more about your status in society than here. Here in europe, I don't get this feeling, it's just how much money you have, how big muscles you have, and not that much what you actually are as person. I see with girls and they telling me always I should eat more, I am just slim because of long workouts and they don't consider that. I just respect persons as human beings, only I don't tolerate criminal and things like that.

But older I get I see people are just driving away because of the whole system. Maybe I also have this mentality I want earn lots of money, but that is just because I want help my family and myself, to have things they need to live every day, without huge worries as my father is all his life in debts and it's very painful mentaly for him to owe money to people.

all the best guys

anyone here

V

Hi V,

Good morning

Regards

Hello




V