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Technical Analysis Fallacy

  • #38,981
  • Feb 20, 2013 8:25am Feb 20, 2013 8:25am
Quoting fti
hihi friends is good,

when brokers speak to me is sir,
dealers /traders to me are friends. honourable friends.
each master of their own ships and ownersof their own soul. & book

regards

Alrighty, I promise I will do my best to stay away from the sir. Scouts honor. (yes, I was a scout for several years)
  • #38,982
  • Feb 20, 2013 8:27am Feb 20, 2013 8:27am
Quoting tubguy
Yes. i will now.

That whole deal was basically my worst fear come true. I was prepared to lose the money I had in the game even if I had taken the 5th level at 30.

What scared me was the potential to lose all of my account and be unable to do anything about it.

I will be looking for a new broker today and get back to trading my dimes and $0.50 pieces I think. Much less scary.


Ok, Ok, I was raised that way. I say sir to anyone older than myself. I'll try to do better.


Hi Mike


I have been through a fair few platforms/brokers, I am now with pepperstone and have been for a while, their connection hardly ever goes down, I am very pleased with them for the reliability factor alone, there is also more than one way to get to your trades with phone web trader and platforms, their spreads are good and your can trade any lot size from 0.01 up.


Regards


Phil.
-be careful about what you allow to be put in your mind-
  • #38,983
  • Edited 9:08am Feb 20, 2013 8:27am | Edited 9:08am
Quoting tubguy
Alrighty, I promise I will do my best to stay away from the sir. Scouts honor. (yes, I was a scout for several years)
ah brother scouts, be good.
left please. honour mine.

regards.
  • #38,984
  • Feb 20, 2013 9:26am Feb 20, 2013 9:26am
Quoting phil13
Hi Mike


I have been through a fair few platforms/brokers, I am now with pepperstone and have been for a while, their connection hardly ever goes down, I am very pleased with them for the reliability factor alone, there is also more than one way to get to your trades with phone web trader and platforms, their spreads are good and your can trade any lot size from 0.01 up.


Regards


Phil.
Thanks phil, I'll check em out.
  • #38,985
  • Feb 20, 2013 1:23pm Feb 20, 2013 1:23pm
Quoting tubguy
Thanks phil, I'll check em out.
Hi Mike

some brokers have more than one server, if I get this problem I log in with their web based platform, if still have problem then I will log in with my mobile phone. One has to have more than one source of contact.

What happens when your internet provider gets you disconnected, I use my mobile phone in this case.

If you want to have elephant in your house then have to have big doors.

My broker is FXCM.
  • #38,986
  • Feb 20, 2013 4:49pm Feb 20, 2013 4:49pm
Quoting simpleman
Hi Mike

some brokers have more than one server, if I get this problem I log in with their web based platform, if still have problem then I will log in with my mobile phone. One has to have more than one source of contact.

What happens when your internet provider gets you disconnected, I use my mobile phone in this case.

If you want to have elephant in your house then have to have big doors.

My broker is FXCM.

Yeah, thats what I thought too. I was on the web platform and then tried the desktop. They said it was their provider with the problem.

Who knows? Just scared the crap out of me.
  • #38,987
  • Feb 21, 2013 1:58am Feb 21, 2013 1:58am
Quoting tubguy
Yeah, thats what I thought too. I was on the web platform and then tried the desktop. They said it was their provider with the problem.

Who knows? Just scared the crap out of me.


Hi Mike


if you use two (or more) brokers, your main trading one and a/others as back up and you are put in that situation again with one of them, you could always take an opposite trade with the other broker (to level/hedge against any losses) so you will not be put in that worrying position again (survival is paramount).


Regards


Phil.
-be careful about what you allow to be put in your mind-
  • #38,988
  • Feb 21, 2013 6:30am Feb 21, 2013 6:30am
Quoting fti
For retail trading. I think, i set new piorities.

rule 1 never leverage positions.
rule 2 internet access to markets is unreliable.
rule 3 preservation of capital.

regards
Aha, new rules! Good lessons to understand...

Sun Tzu said: The good fighters of old first put themselves beyond the possibility of defeat, and then waited for an opportunity of defeating the enemy.

So only way to put ourselves beyond defeat is not to leverage (or very very low - calculated risk). Question is, how many retailers have the troops to do that? Probably not many, so greed and fear take hold. Hello scorpions..but good way to control scorpions is through capitalisation. Very important ingredient...

(Sun Tzu) To secure ourselves against defeat lies in our own hands, but the opportunity of defeating the enemy is provided by the enemy himself.

So even though we can secure against defeat....it is timing, reading, strategy, structure, terrain that is crucial to defeating the enemy. Add more spice to mix...

(Sun Tzu) Thus the good fighter is able to secure himself against defeat, but cannot make certain of defeating the enemy.

Hence read, practice, learn, read, practice, learn....understand self, understand enemy (market structure)...more and more ingredients...
Reading is not enough... need all ingredients... otherwise

(Sun Tzu) Hence the saying: One may KNOW how to conquer without being able to DO it.

Intelligent people know how but cannot do....need balls to DO... steel balls with lots of cap to back it up Intelligent people have brains, not balls...
  • #38,989
  • Edited 7:14am Feb 21, 2013 6:54am | Edited 7:14am
Quoting Zoran
Aha, new rules! Good lessons to understand...

Sun Tzu said: The good fighters of old first put themselves beyond the possibility of defeat, and then waited for an opportunity of defeating the enemy.

So only way to put ourselves beyond defeat is not to leverage (or very very low - calculated risk). Question is, how many retailers have the troops to do that? Probably not many, so greed and fear take hold. Hello scorpions..but good way to control scorpions is through capitalisation. Very important ingredient...

(Sun Tzu) To secure...
Zoran

Been thinking lots?
Seems you getting wiser every year.

Have you looked at the euro cable recently.
Since begining 2013, a new breed of asses been making the major crosses used like their grandfathers's ass.
I look forward in someone send them to the gallows.
This MAJORS's crosses. Imagine what these money does to small economies.

Is interesting huh?

There no such thing as intelligent peeps , my friend.
All is as intelligent as the monkeys in zoos. They cannot leave their cage, same as us.
Intelligent peeps thinks , and they come think they smart. Is only the ego.
Ever seen humility in intelligent peeps, those with humility, kindness and empathy, these the intelligent.
Is easy mask intelligence with ego and many pieces of paper certs.

I best shut my ego before some intelligent peeps puts a shoe in it.

Oh by the way, do you know what happened to author of Sun Zi Bing Fa, after he accomplished his task.
Much wiser than me. "Beyond defeat".
Maybe now you understand why humans senses cannot pick up the existence of God?
Becertain God exist, there no other way.

regards

see anything?
hint, volatility.
What does it say?
Attached Image
  • #38,990
  • Edited 7:53am Feb 21, 2013 7:21am | Edited 7:53am
Quoting Zoran
Aha, new rules! Good lessons to understand...

Sun Tzu said: The good fighters of old first put themselves beyond the possibility of defeat, and then waited for an opportunity of defeating the enemy.

So only way to put ourselves beyond defeat is not to leverage (or very very low - calculated risk). Question is, how many retailers have the troops to do that? Probably not many, so greed and fear take hold. Hello scorpions..but good way to control scorpions is through capitalisation. Very important ingredient...

(Sun Tzu) To secure...
he that greeds and have need covert(own) opens the doors of opportunity for defeat.
maybe is just being intelligent

ai ya i kills me. Going nuts very fast.
maybe some time in monastery in the hills will be good for me.


regards

Inserted Video
  • #38,991
  • Feb 21, 2013 7:27am Feb 21, 2013 7:27am
Quoting phil13
Hi Mike


if you use two (or more) brokers, your main trading one and a/others as back up and you are put in that situation again with one of them, you could always take an opposite trade with the other broker (to level/hedge against any losses) so you will not be put in that worrying position again (survival is paramount).


Regards


Phil.

Good idea phil. I hadn't thought about that. Thanks!
  • #38,992
  • Feb 21, 2013 7:53am Feb 21, 2013 7:53am
Quoting fti
he that greeds and have need covert(own) opens the doors of opportunity for defeat.
maybe is just being intelligent

ai ya i kills me. Going nuts very fast.
maybe some time in monastery in the hills will be good for me.


regards

http://www.youtube.com/watch?v=wbQSAdU4Qb4
maybe not.
monastery's neighbour at hills, guess what?



















CASINO.

anyways, can't walk well.
next thought.
  • #38,993
  • Feb 21, 2013 7:56am Feb 21, 2013 7:56am
Quoting fti
he that greeds and have need covert(own) opens the doors of opportunity for defeat.
maybe is just being intelligent

ai ya i kills me. Going nuts very fast.
maybe some time in monastery in the hills will be good for me.


regards

http://www.youtube.com/watch?v=wbQSAdU4Qb4
So Futuristic...
  • #38,994
  • Feb 21, 2013 7:59am Feb 21, 2013 7:59am
Quoting Fana
So Futuristic...
ok let me check .
When was AOW penned?







oh
from c. 544–496 BC in the Spring and Autumn Period of China (722–481 BC) as a military general serving under King Helü of Wu.
http://en.wikipedia.org/wiki/Sun_Tzu
  • #38,995
  • Feb 21, 2013 8:10am Feb 21, 2013 8:10am
Quoting tubguy
Good idea phil. I hadn't thought about that. Thanks!
would be nice have many brokers and 1 clearing house.
but problem is system would never allow.

may i have a piece of the chicken, please.
no, cannot . Is mine.

Anyway industry still infancy, never know.
maybe 1 day. See? today we have you tube.
only problem is most of what i listen to, cannot find there.
smae chicken problem.

regards
  • #38,996
  • Feb 21, 2013 8:16am Feb 21, 2013 8:16am
Quoting fti
ok let me check .
When was AOW penned?







oh
from c. 544–496 BC in the Spring and Autumn Period of China (722–481 BC) as a military general serving under King Helü of Wu.
http://en.wikipedia.org/wiki/Sun_Tzu
Yes Chief! There were many comfortable things In Chiny... before we here had only wood and stone...
Inserted Video


Thus we were thousands years ahead of China:-).... But it seems that finished now...
  • #38,997
  • Feb 21, 2013 8:17am Feb 21, 2013 8:17am
Quoting fti
Zoran

Been thinking lots?
Seems you getting wiser every year.

Have you looked at the euro cable recently.
Since begining 2013, a new breed of asses been making the major crosses used like their grandfathers's ass.
I look forward in someone send them to the gallows.
This MAJORS's crosses. Imagine what these money does to small economies.

Is interesting huh?
Yes, I have been watching the euro cable closely for the past 5 years, more out of necessity. I was earning cable and since my family moved to Belgrade, I had to pay fees in EUR so I was always looking to get a good price for my cable. Now that I work in EU (earning euro) and my company is still based in UK, now looking to get good price for my euro... I just cashed in my pile yesterday.... market was kind to me... this is real forex and I'm happy to pay only 20 pips for the conversion...much better than banks...which would be more like 200 pips.
  • #38,998
  • Feb 21, 2013 8:22am Feb 21, 2013 8:22am
Quoting Zoran
Yes, I have been watching the euro cable closely for the past 5 years, more out of necessity. I was earning cable and since my family moved to Belgrade, I had to pay fees in EUR so I was always looking to get a good price for my cable. Now that I work in EU (earning euro) and my company is still based in UK, now looking to get good price for my euro... I just cashed in my pile yesterday.... market was kind to me... this is real forex and I'm happy to pay only 20 pips for the conversion...much better than banks...which would be more like 200...
Wow, what a big sin.
you doing things cross borders?
They no detained you as illegal immigrant yet?

just jesting.

maybe you have high level connections?
have passport.

ah which reminds me. need check my high level connections expiry date.

regards
  • #38,999
  • Feb 21, 2013 8:37am Feb 21, 2013 8:37am
Quoting Fana
Yes Chief! There were many comfortable things In Chiny... before we here had only wood and stone...
http://www.youtube.com/watch?v=Phs73Byv3YM

Thus we were thousands years ahead of China:-).... But it seems that finished now...
ai ya what you do for entertainment if not have wars.
They had 3 kingdoms. 7 kingdoms.
I forget acutually how many kingdoms all together.
but had lots entertainment.

no unEmployment, always full, everyone needs a knife.
ai ya mine very rusty already. reminds me to polish the khkuri.

regards

oops, my brasso dried up.
nevermind, nothing to chop anyway.
  • #39,000
  • Edited 9:16am Feb 21, 2013 8:46am | Edited 9:16am
They have diverging opinions at FOMC.
They divergent on bond buying programme.

This very interesting....
"The Fed has more than tripled the size of its balance sheet since 2008 to around $3 trillion through purchases of bonds designed to hold down the cost of long-term borrowing and spur a stronger recovery."


seems the latest protocol is to run with loot on charts.
was shorting cable.

regards
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