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Technical Analysis Fallacy

  • #37,481
  • Dec 19, 2012 5:26pm Dec 19, 2012 5:26pm
Quoting fti
mom commented tonight.
me with my walking stick playing with the pup, looks like moses trying show him the way.
regards
So when did you last shave?
  • #37,482
  • Dec 19, 2012 5:29pm Dec 19, 2012 5:29pm
Quoting Silat50
Zoom,

Im glad you brought that up. I have been thinking about the theory that a person almost always has a bias when reading a chart,even if he never traded that pair,market or instrument before. I myself have caught myself with stock daytrading always trying to go short after a massive rally from the bell and by 10:30(which is often a time when fresh money enters,or trend changes) after seeing several dull small bars on either the 5 or 15 min,especially if there is a doji at the last one, Im ready to bet the farm on a short and I have lost...

"So my thought was, what if we all picked a side we feel more comfortable to trade, and for 2 weeks only trade that side."

For you,
i advise you, rigidity of mind is a very dangerous thing.
you like think.
think about this first.

regards

just help you a little more, if my comments unclear.
why 2 weeks, why not 3, why not 4,5,6,7,8,9,
why not the whole year.
  • #37,483
  • Edited 7:14pm Dec 19, 2012 5:36pm | Edited 7:14pm
Quoting Silat50
I am fascinated by what you wrote.

Look at the Turtles of Market Wizards fame. It made a rtoomful of men very rich, and now you can buy the system online for $1500 or so. WHAT DOES THAT TELL US? Ande that system worked for years.I mean yeeeeeeeeeaaars! What does all this mean?
Fascinated is ok. But try stay on track.

My second advice to you is .
"A little knowledge is a dangerous thing."

To make good decisions, require good accurate information.
Not possible trade base on gossips and girltalks, and redundant info.
Try stay focused on why things work, and how make it work for you.
you think, which is a good thing, but you need get the facts and ambience correct.

Inserted Video


regards

http://www.google.com/url?sa=t&rct=j...55534169,d.bmk


they not of Market wizard fame. They of Richard Dennis turtle experiment fame.
also they managing the largest pool of funds.
Is only you know them thru the market wizard books.
But they not things of the past. They are very real flesh and blood peeps. Could be your neighbours.
But if you know only russell sands then maybe you should learn play blackjack instead.
those who can and those who cannot.
  • #37,484
  • Edited 6:16pm Dec 19, 2012 6:05pm | Edited 6:16pm
Quoting fti
yes, this was one of their best.
they very good slow rockers.

mom commented tonight.
me with my walking stick playing with the pup, looks like moses trying show him the way.


regards

good breed, the one that will almost never turn away in a battle

rgds
  • #37,485
  • Edited 6:37pm Dec 19, 2012 6:21pm | Edited 6:37pm
Quoting jacson101

good breed, the one that will almost never turn away in a battle

rgds
jack

yes very strong mindset breed.
mom gave me very tough task.
i believe she miss jingle very much.
because without her, seems the pack lost lead with both black and ever gone.
i need start from basics. This chap likes jump on me.
i think he trying dominate me, but he will learn, i'm no push over.

i already can feel, he's very determined little chap.
reminds me of the rottweiler we used to have only not so strong physically.
But sure is sturborn chap.

regards
  • #37,486
  • Dec 19, 2012 6:33pm Dec 19, 2012 6:33pm
Quoting fti
jack

yes very strong mindset breed.
mom gave me very tough task.
i believe she miss jingle very much.
because without her, seems the pack lost lead with both black and ever gone.
i need start from basics. This chap likes jump on me.
i think he trying dominate me, but he will learn, i'm no push over.


regards

Just wants to be social, maybe ask you to share a drink when mature.

Need to keep them sociable otherwise the can be a bit of a rogue animal
they're very smart.

regards
  • #37,487
  • Edited 8:00pm Dec 19, 2012 7:18pm | Edited 8:00pm
Quoting Silat50
Zoom,

Why do you think most professional traders all have different color candles and background?
Again, Not ALL professional traders looks at charts.
Some Do. Mostly are those whose on Technical Analysis.
You assume too much.
Your exposure to dealing markets is very shallow.
But thats ok, if you not seen pro traders and dealers operate.
but please try not assume things.

Try see if money changers around your vicinity are looking at charts.
AND please not think i trying be sarcastic,
They are the ones who have theoritical edge.
With the spreads they quoting. There is no way they can lose on their trades OTC.

Only trying show you "a little knowledge can be a dangerous thing."
Pros seldom publish their MO.


regards

For your complete understanding.
Let me tell this story again.

Once upon a time was 3 blind men.
They was puzzled what a elephant looks like.
so they went checked it out.
1 blind man was feeling the elephants trunk.
He concluded that an elephant was like a snake ...long and.....
the second blind man was feeling the leg.
He concluded that the elephant was like a big tree.
the 3rd blind man was feeling the elephants balls.
He concluded that..........................
  • #37,488
  • Dec 19, 2012 7:50pm Dec 19, 2012 7:50pm
Quoting fti
Again, Not many professional traders looks at charts.
Some Do. Mostly are those whose on Technical Analysis.
You assume too much.
Your exposure to dealing markets is very shallow.
But thats ok, if you not seen pro traders and dealers operate.
but please try not assume things.

Try see if money changers around your vicinity are looking at charts.
AND please not think i trying be sarcastic,
Only trying show you "a little knowledge can be a dangerous thing."
They are the ones who have theoritical edge.
With the spreads they quoting. There is no...
hey fti the blind man who felt the balls must be dead due to crushing injury
Allah has permitted trade and has forbidden interest [koran]
  • #37,489
  • Edited 8:32pm Dec 19, 2012 7:51pm | Edited 8:32pm
Quoting drzakir123
hey fti the blind man who felt the balls must be dead due to crushing injury
possible, if he not died from the smell first.

4 th blind man was at the .............died trapped in landslide of poop.
ok please not fan my naughty.
we need stay on track, help our friends.

"A LITTLE KNOWLEDGE CAN BE A VERY DANGEROUS THING."

Courtesy KC Liu(RIP) “Believe not each accusing tongue, As most weak persons do, But still believe that story wrong, Which ought not to be true...."


regards

Incidentally, thats why to understand Jesus, the gospel consist 4 eye witness accounts.
why not just publish 1.
is tough reading 4 repeatative books just to grasp understanding about 1 thing.
yet theres i think 6, if include testimonys from Thomas and mary M.
but if we consider all the prophets apprations and prophesies, wow, too many to direct.
Any scholars on board please?
  • #37,490
  • Dec 19, 2012 9:05pm Dec 19, 2012 9:05pm
Quoting fti
possible, if he not died from the smell first.

4 th blind man was at the .............died trapped in landslide of poop.
ok please not fan my naughty.
we need stay on track, help our friends.

"A LITTLE KNOWLEDGE CAN BE A VERY DANGEROUS THING."

Courtesy KC Liu(RIP) “Believe not each accusing tongue, As most weak persons do, But still believe that story wrong, Which ought not to be true...."


regards

Incidentally, thats why to understand Jesus, the gospel consist 4 eye witness accounts.
why not just publish 1.
is tough...
Incidentally, thats why to understand Jesus, the gospel consist 4 eye witness accounts.
why not just publish...[/quote]

Hi Fti,
I have more than a few years of training in this field... but I am afraid of the word "scholar"
4 gospel (you need 3 witnesses to have a solid evidence)... written to different groups of people, with different connotations...
It is like a chart- 5,10,15,30,1 hour...ect., .... You see there what you need to see....
  • #37,491
  • Edited 10:26pm Dec 19, 2012 9:47pm | Edited 10:26pm
Quoting Jaro
Incidentally, thats why to understand Jesus, the gospel consist 4 eye witness accounts.
why not just publish...
Hi Fti,
I have more than a few years of training in this field... but I am afraid of the word "scholar" :rofl :: rofl:
4 gospel (you need 3 witnesses to have a solid evidence)... written to different groups of people, with different connotations...
It is like a chart- 5,10,15,30,1 hour...ect., .... You see there what you need to see.... [/quote]

i suspected the same reasons for them doing it.
Even with 6 tenure charts and 3 kindgdom, sometimes i still get it wrong.

you know at the banks.
when we needed deal size.
we called out 8 banks of all zones, just trying fig out where the markets should be at.
and we trade only less than 1 % of banks net worth.

nowadays i see some peeps trade all their savings, and they depend on prices from less than 3 brokers which probably on same pool.
sometimes i wonder , with so much trade experience , why i always trading 10 pips away from markets.
anything i do retail, 1st thing is see it 10 pips against me in the 1st 10 mins after.
ai ya what a horrible trader i am.
thru banks is worst, after i transact, they refuse requote for another trade.
"Didn't you just asked prices trade some minutes ago?"
they always ask me , show full size that i need when asking prices.
seems my trade sizes is irritant to them than business?

Ai ya when peeps making money from you, they thank you even if you shitted on them.
But if they lose money to you, Ya become such a pest.

regards

these days being old, i seem get on many peeps nerves.
1 time i was sending money from my bank account.
did in few tickets so as corresponding to each invoicing.
the chief bank teller came to me asking me why i not send 1 lump sum.
Being the naughty me, i answered her.
Oh i did it so that you would come see me, needed know how pretty you look.
Am i not allowed do it this way?
she walked away in disgust.
  • #37,492
  • Dec 19, 2012 10:29pm Dec 19, 2012 10:29pm
Quoting fti
these days being old, i seem get on many peeps nerves.
1 time i was sending money from my bank account.
did in few tickets so as corresponding to each invoicing.
the chief bank teller came to me asking me why i not send 1 lump sum.
Being the naughty me, i answered her.
Oh i did it so that you would come see me, needed know how pretty you look.
Am i not allowed do it this way?
she walked away in disgust.
Long time when i was single...i went to a restaurant a waitress bought the food and told be carefull it is HOT...i ate it right there and said NA...its no way can be hotter then u.....got here no right there


Inserted Video


V
  • #37,493
  • Dec 19, 2012 10:31pm Dec 19, 2012 10:31pm
Quoting indianguyinny24
Long time when i was single...i went to a restaurant a waitress bought the food and told be carefull it is HOT...i ate it right there and said NA...its no way can be hotter then u.....got here no right there


http://www.youtube.com/watch?v=7mM46lVVarg

V
naughty boy, did you manage marry her yet?

regards
  • #37,494
  • Dec 19, 2012 10:32pm Dec 19, 2012 10:32pm
Quoting fti
naughty boy, did you manage marry her yet?

regards
Na i am married to one whose rough figure (character) i ahd when i was young....

i dont know what would had happened if i had to marry all the girls i got no from lol


Inserted Video


V
  • #37,495
  • Edited 11:29pm Dec 19, 2012 10:52pm | Edited 11:29pm
any one seen this clip,
i cannot remember who sent me this link sometime back.
but is really funny naughty stuff. I am surprised it still on tube. parental guidance requested please.


enjoy.

Inserted Video
  • #37,496
  • Dec 19, 2012 11:31pm Dec 19, 2012 11:31pm
Inserted Video
  • #37,497
  • Dec 20, 2012 12:27am Dec 20, 2012 12:27am
Quoting fti
any one seen this clip,
i cannot remember who sent me this link sometime back.
but is really funny naughty stuff. I am surprised it still on tube. parental guidance requested please.


enjoy.

http://www.youtube.com/watch?v=6epQGlEH7ko

Seriously fti, are you insineuating there is more to learn after mindset? LoL

zz
  • #37,498
  • Dec 20, 2012 1:37am Dec 20, 2012 1:37am
Merry Christmas to all...

Inserted Video



Enjoy!
Success consists of going from failure to failure without loss of enthusiam
  • #37,499
  • Edited 3:46am Dec 20, 2012 2:07am | Edited 3:46am
Wow, miracle worker.
is so great.

Inserted Video


Does anyone think we can do this help some chaps who had been ban on the thread?
no take mussel off first hor.
Maybe i 'll wait till mom's pup grows up first.


regards
  • #37,500
  • Dec 20, 2012 2:49am Dec 20, 2012 2:49am
Quoting fti
Hi Fti,
I have more than a few years of training in this field... but I am afraid of the word "scholar" :rofl :: rofl:
4 gospel (you need 3 witnesses to have a solid evidence)... written to different groups of people, with different connotations...
It is like a chart- 5,10,15,30,1 hour...ect., .... You see there what you need to see....
i suspected the same reasons for them doing it.
Even with 6 tenure charts and 3 kindgdom, sometimes i still get it wrong.

you know at the banks.
when we needed deal size.
we called out 8 banks of all zones, just trying fig out where the markets should be at.
and we trade only less than 1 % of banks net worth.

nowadays i see some peeps trade all their savings, and they depend on prices from less than 3 brokers which probably on same pool.
sometimes i wonder , with so much trade experience , why i always trading 10 pips away from markets.
anything i do retail, 1st thing is see it 10 pips against me in the 1st 10 mins after.
ai ya what a horrible trader i am.
thru banks is worst, after i transact, they refuse requote for another trade..[/quote]


u mean if bank has 100,000 dollar then they are taking a position of about 1000 dollar.it means no use of leverage at all rather they are going underleverage.also if broker have 10 pips difference how come all the brokesr manage to quote the price to the pip. regard .
__________________
Allah has permitted trade and has forbidden interest [koran]
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