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Technical Analysis Fallacy

  • #37,721
  • Dec 29, 2012 5:44pm Dec 29, 2012 5:44pm
Quoting fti
Please read above posting again, the message is a little deeper. Try not miss a very important point there.

Thanks for the offer, tub.
What i am thinking about ids to stop posting trades on here.
1, is may disrupt others ability to develope their own analysis skills, and also i fear may disrupt their feel.

I was thinking in terms of bringing that to private that only those who can already do their own analysis and feel, may have possibilty have a check or 2nd opinion if they may had missed somthing in their process.
One issue i am graping with...
Understood sir.

If you choose to do something of the sort my offer stands at any time. You might take a look here http://www.forumsland.com

May spark some thoughts.

I feel you should be able to express yourself in your thread even if it is a bit off topic to some. We all have a choice to read or not.
I do agree that posting of trades could affect the mindset of some but I personally have no problem with that either. It still boils
down to a choice that the individual makes and has to live with the outcome.

I have allowed myself to follow others at times and regretted it but I also know that it was my choice to do so.
  • #37,722
  • Dec 29, 2012 6:01pm Dec 29, 2012 6:01pm
Quoting tubguy
Understood sir.

If you choose to do something of the sort my offer stands at any time. You might take a look here http://www.forumsland.com

May spark some thoughts.

I feel you should be able to express yourself in your thread even if it is a bit off topic to some. We all have a choice to read or not.
I do agree that posting of trades could affect the mindset of some but I personally have no problem with that either. It still boils
down to a choice that the individual makes and has to live with the outcome.

I have allowed...
Thanks tub, will peruse it and prop up pillows and give it some thoughts.

didnt get anything this hunt? sometimes is like that, just take what ever gives, but did you had a great field trip with your children?
sir is not necessary, remember we friends, you sir me , then i gonna need sir you back.ft will do.

regards
  • #37,723
  • Dec 29, 2012 8:11pm Dec 29, 2012 8:11pm
Quoting fti
Thanks tub, will peruse it and prop up pillows and give it some thoughts.

didnt get anything this hunt? sometimes is like that, just take what ever gives, but did you had a great field trip with your children?
sir is not necessary, remember we friends, you sir me , then i gonna need sir you back.ft will do.

regards
Haha, Ok, Fti it is. i was taught to say sir to my elders so I just being respectful.

Nope, no kill on this hunt. Saw many that we couldn't shoot (out of season). The trip was great with the boys and my dad. All had a good time.
I have been blessed with very good boys. Never given me any trouble. Hope it stays that way.
  • #37,724
  • Dec 29, 2012 8:39pm Dec 29, 2012 8:39pm
Quoting fti
think, think think.
In ordinary life, I often feel the tension between adapting (when given new information), and sticking to my principles. Refusing to adapt is stupid and arrogant. Refusing to be principled is stupid and weak. A wise man is neither arrogant nor weak.


This translates into trading. If your bias is bullish, you try to buy the dips. You must stick to your "principles" and take advantage of the trend. But there inevitably will come a time when you must adapt or die. Sensing and responding to that subtle change of wind is the difference between success and failure, in my view.

"a time to be born and a time to die,
a time to plant and a time to uproot,
a time to kill and a time to heal,
a time to tear down and a time to build..."
  • #37,725
  • Dec 30, 2012 4:32am Dec 30, 2012 4:32am
Hi fti


'quote'
'Maybe if you or some friends have suggestions forward, we can discuss, lay things on the table and see if we can find the best way forward.'


My thoughts are this, as you all know I make no secret that I am dyslexic so reading and internalising is slightly harder for me than many others here, seeing live trades/charts posted is easier for me to understand some things and may be for others as well, though I realise you can not post charts of experience on patience, self control, understanding personal emotions and the scorpions they breed so I believe it is very important for everyone to have read and started to understand the basis of what you have given us here before they get to involved in interacting with other peoples posted trades, but people will always do what they do and many may think posted charts are a short cut to understanding and trading this style, as mentioned some will try to copy trades and inevitable lose due to their lack of understanding and neglect to read/start understanding and practise what is here but I believe that is just another part of the journey in understanding there are no short cuts and no one is right all the time, it is just you and the market that can make or break you so self preservation is paramount.


If you do decide to do this and I am invited to join then I would be more than happy to help in any way I can.

please remember that your health must come first though.


Regards


Phil.
-be careful about what you allow to be put in your mind-
  • #37,726
  • Dec 30, 2012 8:13am Dec 30, 2012 8:13am
Hi fti,
I believe that two of the qualities that a person needs to have are humility, and a cool head...when others are losing theirs.

Quoting fti
Macroman came here new like $$trader did.
He brought us a different challenge.
He came to us, telling , he has been profitable. Ok some arrogance. it comes to most traders who are making making money.
Thats why most peeps opinion about dealers are that they are so dang arragant.
But in reality is just the on top of things feelings thats driving them.
As my German Grandmother often told me when I was young, "Too soon old, too late smart".

I'm old enough now to know I still have much to learn.

Regards,

Eric.
" Be always employed in something useful." - Benjamin Franklin
  • #37,727
  • Dec 30, 2012 11:52am Dec 30, 2012 11:52am
Hi.

i had been thinking very deep about if i should carry friends to a private environment.where there would be freedom to move towards whatever direction we decides to go.

The issues i am thinking about generally are these.

If I reinvent the wheel.
Can we achieve what have been achieve here.

Just looking at FF's main page alone already i find difficulty navigating thru.
Think about those day nearly half a decade ago. Just to get proper unbias calander of event would had been a task. without pro pages from reuter or bloomberg, it would had been difficult to complile a an accurate update of a calander of events.
Now we have a managed updated reliable calander of events all for free.

They even now have a news section, highlighting events that may not be part of that calander.

So to go into a private direction, will we have the human resources and the financial means create this important trading tool?

What most disturbs my thoughts, is the type of setting that may be created.
The rules, boundaries and limits that we should impose ourselves by self regulatory environment.
The rules , boundaries and limits, set here at ff is simple, basically multual respect, religious boundaries, limited to no aggressive fighting amongst members.
Other than that the is little intervention.

Another issue that i am pondering, is if we go into a private setting,
What would be the mission for that endevour?
In private, will we become rigid and too focus on what we want get as individuals or whats good for all?
WHo will police it?

The intend of this thread , initially was to help leightsww learn , and for me able leave behind some trade skills.
Many along the journey had contributed to that goal in discussions.
The goal had already been achieved.
Now we just socialising and watching newer members come rehashing the points that had already been covered.

I keep feeling, why reinvent the wheel, when objective has already been achieved.
Is it clever start foreplays that i may not be able to complete? esp in the state i am in now?
I always feel is very foolish of peeps start things they cannot finish.

From point of logistics, and setting new pioneering environments, financial capacity to create.
It just not feel correct to step in direction of taking our interaction into a private setting.
Not withstanding that in a private environment , we would have tendency be comfortable reveal more personal data,
which if harvested by wrong hands can create grave security consequenses.

Maybe should take more time think.
Because as i think, it branches away, with more and more unsupportive issue to deal with.
Maybe is just that my energys not in shape allow me take the bull by the horns.

I did considered revive my facebook that i had left in limbo for sometime already, when they went public and changed their status to commercial interest.
I felt in that setting is a security risk, because lots private information and demographics will fall into cemmercial hands. So i shall not go there.

Reinventing the wheel would be over my heads for now.
With my energy status now maybe is best just walk along here , but at a slower pace and relax, smell the roses and have some tea with my friends.

In fact i should not be trading actively, and unless there are those who wants carry the baton ahead, i should leave the the forward direction to those friends here carry this thread. But i will always be in the shadows watching you, unless i have gone home.

Any friends disagree with my thoughts?

regards
  • #37,728
  • Dec 30, 2012 12:15pm Dec 30, 2012 12:15pm
Quoting tubguy
Haha, Ok, Fti it is. i was taught to say sir to my elders so I just being respectful.

Nope, no kill on this hunt. Saw many that we couldn't shoot (out of season). The trip was great with the boys and my dad. All had a good time.
I have been blessed with very good boys. Never given me any trouble. Hope it stays that way.

oh, the boys, no need hope.
Boys will be boys.
With you around guide them, should be able overcome whaterver that need overcoming.
Just be strong as mountain.

regards
  • #37,729
  • Dec 30, 2012 12:28pm Dec 30, 2012 12:28pm
Quoting AllanS
In ordinary life, I often feel the tension between adapting (when given new information), and sticking to my principles. Refusing to adapt is stupid and arrogant. Refusing to be principled is stupid and weak. A wise man is neither arrogant nor weak.


This translates into trading. If your bias is bullish, you try to buy the dips. You must stick to your "principles" and take advantage of the trend. But there inevitably will come a time when you must adapt or die. Sensing and responding to that subtle change of wind is the difference between...
Ah yes, Allan.
Balance. So easy say so hard equalise.

Principles, these in reality is emotions.
all priciples in life are really only our learned perceptions of our conscience.
Our boundaries we want live within.

Adaptations is our adjustments we make base on that conscience.
Balance of the two would be perfection.
Being imperfect we can only keep shifting mildly towards finding that balance.
The actions of seekng so is already excellence.

In trading , all is a flow.
No one knows how that flow until comes into the situations.
Best we can do is to have escape routes, afforded by pre planning how far we want take things.
and how much resources and energy we have to overcome, come out ahead.

Yes, there is a time for everything.
We keep adjusting best we can, all the time.

regards
  • #37,730
  • Dec 30, 2012 12:36pm Dec 30, 2012 12:36pm
Quoting phil13
Hi fti


'quote'
'Maybe if you or some friends have suggestions forward, we can discuss, lay things on the table and see if we can find the best way forward.'


My thoughts are this, as you all know I make no secret that I am dyslexic so reading and internalising is slightly harder for me than many others here, seeing live trades/charts posted is easier for me to understand some things and may be for others as well, though I realise you can not post charts of experience on patience, self control, understanding personal emotions and the scorpions...
phil.
With you percieved 'handicap'.
if you ask me, i think you have overcome.
I really think you had grapsed the material presented in a very wise manner.
Really i think you may be even ahead of some who feel that they had understood well.

But as always we , continue learning,
so just keep moving one foot in front and one more step uphill.
Thats all anyone can do.

regards
  • #37,731
  • Dec 30, 2012 12:38pm Dec 30, 2012 12:38pm
Quoting cougar73
Hi fti,
I believe that two of the qualities that a person needs to have are humility, and a cool head...when others are losing theirs.



As my German Grandmother often told me when I was young, "Too soon old, too late smart".

I'm old enough now to know I still have much to learn.

Regards,

Eric.
Eric, like i told phil.
Thats all anyone can do.
Live and learn.
we never too old to learn.

'Any err does not become a mistake, unless we refuse correct it.'
i cannot remember who taught me that.


regards
  • #37,732
  • Edited 1:42pm Dec 30, 2012 12:48pm | Edited 1:42pm
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me, I always prayed.
And i think I'll get there one day.

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  • #37,733
  • Dec 30, 2012 1:05pm Dec 30, 2012 1:05pm


agree with you sir, wise decision.

Regards

Quoting fti
Hi.

i had been thinking very deep about if i should carry friends to a private environment.where there would be freedom to move towards whatever direction we decides to go.

The issues i am thinking about generally are these.

If I reinvent the wheel.
Can we achieve what have been achieve here.

Just looking at FF's main page alone already i find difficulty navigating thru.
Think about those day nearly half a decade ago. Just to get proper unbias calander of event would had been a task. without pro pages from reuter or bloomberg, it would...
  • #37,734
  • Edited 1:45pm Dec 30, 2012 1:30pm | Edited 1:45pm
Quoting fti
Hi.

i had been thinking very deep about if i should carry friends to a private environment.where there would be freedom to move towards whatever direction we decides to go.

The issues i am thinking about generally are these.
sometime back i think Jaro said something like that if there is left anything seriously to teach about after mindset.
i just not want to miss whatever you want teach. selfish....han..i do have some idea but is in the blur too.

no hard thinking on taking/going something private. i was taught to go with the flow..... FF if doesn't mind, and i think it won't mind, we can have separate room or something like that as you feel comfortable.even taking things forward here isn't a bad idea either. regarding your health issues, is of prime importance. already feel indebted, too much.... just your presence, here or whatever place private, will do it. this is too deserted a place without you. no one will try discuss anything and peeps will try grind an axe of their own. haven't you seen??

my two cents.

regards
  • #37,735
  • Dec 30, 2012 2:13pm Dec 30, 2012 2:13pm
Quoting simpleman


agree with you sir, wise decision.

Regards


regards
  • #37,736
  • Edited 2:54pm Dec 30, 2012 2:38pm | Edited 2:54pm
Quoting cuthbert
sometime back i think Jaro said something like that if there is left anything seriously to teach about after mindset.
i just not want to miss whatever you want teach. selfish....han..i do have some idea but is in the blur too.

no hard thinking on taking/going something private. i was taught to go with the flow..... FF if doesn't mind, and i think it won't mind, we can have separate room or something like that as you feel comfortable.even taking things forward here isn't a bad idea either. regarding your health issues, is of prime importance....
cuth,
there nothing for me teach.
is basics and what peeps can learn.

i not even show the way i analyse with technical analysis because is available everywhere, although many schools of it.
but in fact i have shown, but few caught it.
i feel is best no one get that i do , then they become carbon copies.
and without the experience and a full bag of trick, may not know how escape traps on rigidity.

Every situation is not the same in the market place.
Thats why even peeps who are profitable, they still search for the holi grill.
There is no such grail, it not exist.
The grail is in the ability ,adjust to the change.
This the foundations to build upon.

One cannot just live on the foundation, although without which one may not survive long.
But with foundation even then your learning and adjusting need continue.
I feel the problem is many are looking for a specific methodology.
Methodology must compliment YOU the person.
If i made someone trade the way i do, he may get a heart blow out faster than I.

Infact there so many hand holding sessions i had done show how use the mindset with the MM create the trade edge.
But I realise is very hard for many peeps who came to thread late because they unable see and feel it in real time.
then again there's only so much of that i can do.

Worst is no one's asking questions about what had been discussed in the past.
Every one wants start where they join.
Theres many of you, I am only me.
I cannot keep repeating and repeating what had been throughly discussed.
If you say you in a blur , how am i supposed to know what you blur about?

Thats one reason i was thinking train carbon copies in private, but i been thinking and is not a task i can shoulder now.
Because peeps change, even Mamood was very close to it, then he changed until i cannot even recognise what he doing.

regards

The problem is not that i not try show.
Is because peeps refuse learn.

Just 1 example.
I asked learn kim's game, for enhancing observation skills .
Ability observe change.
I ask you , did you do anything, towards that enhancement?
  • #37,737
  • Dec 30, 2012 3:16pm Dec 30, 2012 3:16pm
Quoting fti
Hi.

i had been thinking very deep about if i should carry friends to a private environment.where there would be freedom to move towards whatever direction we decides to go.

The issues i am thinking about generally are these.

If I reinvent the wheel.
Can we achieve what have been achieve here.

Just looking at FF's main page alone already i find difficulty navigating thru.
Think about those day nearly half a decade ago. Just to get proper unbias calander of event would had been a task. without pro pages from reuter or bloomberg, it would had...
Suits me just fine. I have learned to ignore the ones who start trouble most of the time.
  • #37,738
  • Dec 30, 2012 3:19pm Dec 30, 2012 3:19pm
Quoting phil13
Hi fti


'quote'
'Maybe if you or some friends have suggestions forward, we can discuss, lay things on the table and see if we can find the best way forward.'


My thoughts are this, as you all know I make no secret that I am dyslexic so reading and internalising is slightly harder for me than many others here, seeing live trades/charts posted is easier for me to understand some things and may be for others as well, though I realise you can not post charts of experience on patience, self control, understanding personal emotions and the scorpions...
Hey Phil, I know how you feel as I am dyslexic as well.
  • #37,739
  • Dec 30, 2012 5:50pm Dec 30, 2012 5:50pm
Quoting M-H Trader
Hey Phil, I know how you feel as I am dyslexic as well.
Its an interesting topic I did some reading on it not too long as well.
Yale did some "high-performance" research that indicated while reading skills were measured lower, thinking was much faster than the norm.
There's other research out there that suggests creativity and leadership( as opposed to management) in a high performance environment was measured very high as well.
http://www.yalescientific.org/2011/0...fast-thinking/

Keep your heads up!
Happy new year
Regards
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  • #37,740
  • Dec 30, 2012 9:21pm Dec 30, 2012 9:21pm
Quoting jacson101
Its an interesting topic I did some reading on it not too long as well.
Yale did some "high-performance" research that indicated while reading skills were measured lower, thinking was much faster than the norm.
There's other research out there that suggests creativity and leadership( as opposed to management) in a high performance environment was measured very high as well.
http://www.yalescientific.org/2011/0...fast-thinking/

Keep your heads up!
Happy new year
Regards
http://www.youtube.com/watch?v=qOgFHMEJMeY...
Thanks for the link. I have done some research myself to make the best of it.
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