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Technical Analysis Fallacy

  • #39,041
  • Feb 22, 2013 2:50pm Feb 22, 2013 2:50pm
Quoting fti
ya, great commerce laws we have.
I have, how many isps?
each suppose give me how many MBps speeds.
damn best they can do is 12Kbps.
and i am on super broadband.

talk about scams.

regards

oh sorry have 1 good one, gets 80Kbps on a 10Mbps plan.
oh 80 is better than 10, sure.
the honourable electronic age.
Well, it is maybe the same in the banking world...the true skills are lost due to economics. Now it is cheaper to throw more hardware at problems than efficient programming. CPU and memory is cheaper than labour. My generation were the efficient programmers but now, it's too slow, more cores and memory fix the problem.

As for internet, we have been lucky... I found a good provider in Australia.. cheap and reliable***.. good enough to watch HD TV through it, all over ADSL.

*** 95%
  • #39,042
  • Feb 22, 2013 2:52pm Feb 22, 2013 2:52pm
Quoting fti
Is like buying a jet to travel at the speed of a cow cart.
I think we are on the same wavelength ... for now
  • #39,043
  • Feb 22, 2013 3:03pm Feb 22, 2013 3:03pm
Quoting Zoran
I think we are on the same wavelength ... for now
I keep asking myself these questions.
Why the systems allow these peeps scam the population?
Where their honour?

Where the LAW?

regards

In fact , i was told all the data still on the harddisk.
is just gonna be not cost effective extract it.
because the design is F$%#ed.
New Harddisk is not expensive.
but i refuse spend another cent on scams.
wait they business die of bankruptcy.

I not even want use email anymore. its been long time since i even touch email until vic told me he mailed.
I never get read what 's important . Need sieve thru tons spam just to find 1 mail.
better if peeps sent me letter thru post.
  • #39,044
  • Feb 22, 2013 3:15pm Feb 22, 2013 3:15pm
Quoting fti
I keep asking myself these questions.
Why the systems allow these peeps scam the population?
Where their honour?

Where the LAW?

regards

In fact , i was told all the data still on the harddisk.
is just gonna be not cost effective extract it.
because the design is F$%#ed.
New Harddisk is not expensive.
but i refuse spend another cent on scams.
wait they business die of bankruptcy.

I not even want use email anymore. its been long time since i even touch email until vic told me he mailed.
ask everyone, please send letter instead.
Yes, that is the world we live in. I am an I.T. expert and I don't like it. Now Skype is owned by Microsoft so we don't have encrypted peer to peer communication anymore, we have government (US) controlled communication between peers going through a central station. So everything is now monitored.

So yes, most of your data is still on the hard disk. To extract that information, it needs to go into a clean room (assuming they still exist), while the data is recovered, some way or another???? Question is, does it still exist???
  • #39,045
  • Edited 4:10pm Feb 22, 2013 3:36pm | Edited 4:10pm
Quoting Zoran
Yes, that is the world we live in. I am an I.T. expert and I don't like it. Now Skype is owned by Microsoft so we don't have encrypted peer to peer communication anymore, we have government (US) controlled communication between peers going through a central station. So everything is now monitored.

So yes, most of your data is still on the hard disk. To extract that information, it needs to go into a clean room (assuming they still exist), while the data is recovered, some way or another???? Question is, does it still exist???
Fact is Zoran , i don't care any more.
I not want the data. I learned a lesson.
They can take their technology and go their way.
I not want support anything they do.

Its all a scam. There is no technology.
Is better live without the technology.
Have peace of mind. These new tech is all out of control.

Even my bank, they told me i need use mobile system for security signins.
I told them go to hell , i want close account.
now they decided the managers come with documents to me , for all banking stuff.
The technology only gives them excuse , not do their work properly.
But of course if customer was small, they will continue F#@ them.
so is for customers , dictate the terms.
No give in to customer blackmail.

But i just thinking where their honour and where the LAW?
I thinking where the justice they not show cause that their licence to operate not be revoked.

But really it boils down to customers stupidity, not ask for proper services.
Now most corps trying not give printed statements of accounts and invoicing of itemmised billing.
These corps all can go to hell , in my books. I refuse transact with them.

In my ways i am glad i not need live with this kind of stupidity for too long.
Already when i was in finacial s, saw the amount of electronic scams and electronic thievery.
but God not gave me ok yet.
Do you know what the cost of electronic stolen identities and fraud?
If you see the insurance payout monthly , just for credit card frauds alone, you will faint.

Electronic tech is not reliable, not yet.
maybe i may get live see the BIG ELECTRONIC ACCIDENT, i wait.

regards
  • #39,046
  • Feb 22, 2013 3:49pm Feb 22, 2013 3:49pm
Quoting fti
Fact is Zoran , i don't care any more.
I not want the data. I learned a lesson.
They can take their technology and go their way.
I not want support anything they do.

Its all a scam. There is no technology.
Is better live without the technology.
Have peace of mind. These new tech is all out of control.

Even my bank, they told me i need use mobile system for security signins.
I told them go to hell , i want close account.
now they decided the managers come with documents to me , for all banking stuff.
The technology only gives them excuse...
Technology is very unreliable and we are too much depending on it. My all data is digital although I lost my family pictures due to crash of new external hard disk.
Now I am using a Linux based file server called 'freeNAS' it is very fast and you can map it as network drive. Its speed is so fast that you will feel it just like your local drive.
If you data is important make two file servers and mirror them or put two hard drives and mirror them. Good thing is that you can make your old P4 as file server, it does not need to be powerful and new.
I thought may be it is helpful for some one may be........
  • #39,047
  • Feb 22, 2013 3:55pm Feb 22, 2013 3:55pm
Quoting fti
Fact is Zoran , i don't care any more.
I not want the data. I learned a lesson.
They can take their technology and go their way.
I not want support anything they do.

Its all a scam. There is no technology.
Is better live without the technology.
Have peace of mind. These new tech is all out of control.

Even my bank, they told me i need use mobile system for security signins.
I told them go to hell , i want close account.
now they decided the managers come with documents to me , for all banking stuff.
The technology only gives them excuse , not...
These are your lessons fti, at least to me. In the truth lies the deception and in the deception, lies the truth. I can see it and so can you, otherwise, why mention it?

My family history seems important to me, but who cares? I can preserve it for how long? As long as my hard disk survives? Perhaps as long as my VHS tapes survive? Or my Super 8 film survives? Or the church records survives... but even if they do, who cares?

You have given something valuable here, so I think it will survive longer than my church records... at least I hope... what more can I say? What was your first realisation of God or of you? Do you remember?
  • #39,048
  • Feb 22, 2013 3:57pm Feb 22, 2013 3:57pm
good night guys... have a nice and happy weekend.
  • #39,049
  • Feb 22, 2013 4:13pm Feb 22, 2013 4:13pm
Quoting 786 trading
Technology is very unreliable and we are too much depending on it. My all data is digital although I lost my family pictures due to crash of new external hard disk.
Now I am using a Linux based file server called 'freeNAS' it is very fast and you can map it as network drive. Its speed is so fast that you will feel it just like your local drive.
If you data is important make two file servers and mirror them or put two hard drives and mirror them. Good thing is that you can make your old P4 as file server, it does not need to be powerful and new....
Before I go to sleep, I will just mention. I worked for the largest European cleaning house (obviously within the EU). We had a 99.99% SLA with our providers. Since we had a 30 min downtime and many of our customers had their clearing delayed, it still remained within the SLA (which worked on a yearly basis). So now we had to rely on insurance. Who relies on technology these days?


It is all about the cloud now...who is interested?
  • #39,050
  • Edited 6:19pm Feb 22, 2013 4:33pm | Edited 6:19pm
Quoting Zoran
Before I go to sleep, I will just mention. I worked for the largest European cleaning house (obviously within the EU). We had a 99.99% SLA with our providers. Since we had a 30 min downtime and many of our customers had their clearing delayed, it still remained within the SLA (which worked on a yearly basis). So now we had to rely on insurance. Who relies on technology these days?


It is all about the cloud now...who is interested?
yes, but no one want do nothing about it, until they see the bloods on their hands.
I think you understand what i trying to say.
Boards will agree , yes, but until we see the accidents , tech will continue trying sell their BS.

Ok, so you have good backup system. I had seen on site , off site backups and and what and electronic storm can do.
You know how painful reconstruct stuff from dated papers. i had seen servers farms decimated, somehow the lesson i not learned.
The irony is now i learn from small personal data loss. Then i get reminded what happened back then. realised without those microfilms backups, they would had been toasted back then. I not sure if they still doing microfilms, because foto industry seem reduddant already. If its now all electronic , then we see how big the accident this time. All it takes is an electronic or magnetic (static) storm thats not seen before. But after alnineo, maybe we see a real BIG one catch all sleeping blind.

Somehow i just feel, electronic tech is mostly full of it. Just like software, is all in Alpha, then Beta then its safe then f#$%.
Is the trend and all the industry is on the same model.
I guess i feel very disenchanted, seeing my own supidity trusted tech.

regards

oh I learned 1 new thingy. The data storage industry booby trapped their equiptments. a little bird told me. Its built into the tech design.
Just try this take a good harddisk, unscrew the screws, now never open them they use air pressure maintain read head lift.
then screw the screws back.he assured me the hard disk head crashes. So clean room thingy is BS. I suspect there is secret equiptments to calibrate the read heads. I was told at some high pressure areas no on can operate any disk.
Any strong vibrations or pressure change, the equiptment is toast. Otherwise temperature will toast it. one bird even told me humidity can toast it. Wish i was told these, but seems many pros knows. Only wish they tell the consumers. so i was told never use harddisk storage on good hifi sytems. the bass will kill it.
This bird, he lost a couple million $ on harddisk tech , when his company fitted long haul luxury coachesand trasports, with personalised hard disk programmed video entertainment for the journeys. He even lost chairmanship on the board of the company for this err. Now he tells me.

Cloud tech? They not use harddisk storage? 1 earthquake and all regional data farms are breakfast with jam.
  • #39,051
  • Feb 22, 2013 6:54pm Feb 22, 2013 6:54pm
Quoting fti
the beauty of the internet and digital data.
Things change.

oops reminds me, lets see if my books changed words.
like i said achieving data is still an impossibility.

try google this........All About...The Foreign Exchange Market in the United States - Federal Reserve Bank of New York.


regards

ah ukman knows who has a copy.
great .
thanks my friend.
see? what friends can do help?
Who was it said we not need friends?

ok , now who know anyone out there have a copy of my 5 terra of music files?
ai ya , i forgot, is not legal any one...
Good friends are worth far more than money.
  • #39,052
  • Feb 22, 2013 7:00pm Feb 22, 2013 7:00pm
Quoting Zoran
First they talk about the destruction of our planet, so we must inhabit other planets..... then they talk about the destruction of our solar system, so we must inhabit other solar systems, then they talk about the destruction of our galaxy, so we must inhabit other galaxies but now, we talk about the destruction of our universe, so we must inhabit another universe????

Oh, hold on a second, are we still talking about the destruction of our country, so we must inhabit other countries? We don't even control our planet so how can we control...
The electric version is pretty good. I only smoke if I drink and have cut back from about 10 to 2-3. I use the electric one in between. Can even smoke in the house when the weather sucks.
  • #39,053
  • Feb 22, 2013 7:08pm Feb 22, 2013 7:08pm
Quoting fti
I keep asking myself these questions.
Why the systems allow these peeps scam the population?
Where their honour?

Where the LAW?

regards

In fact , i was told all the data still on the harddisk.
is just gonna be not cost effective extract it.
because the design is F$%#ed.
New Harddisk is not expensive.
but i refuse spend another cent on scams.
wait they business die of bankruptcy.

I not even want use email anymore. its been long time since i even touch email until vic told me he mailed.
I never get read what 's important . Need sieve thru tons...

There is little honor in this world today. The LAW has about the same. Some law personnel have honor. Few do. Is the way of the world I think. Honor is a thing of the past from what I see.

Damn Shame. My honor means alot to me.
  • #39,054
  • Feb 22, 2013 7:15pm Feb 22, 2013 7:15pm
Quoting tubguy
There is little honor in this world today. The LAW has about the same. Some law personnel have honor. Few do. Is the way of the world I think. Honor is a thing of the past from what I see.

Damn Shame. My honor means alot to me.
  • #39,055
  • Feb 22, 2013 7:28pm Feb 22, 2013 7:28pm
Quoting fti
yes, but no one want do nothing about it, until they see the bloods on their hands.
I think you understand what i trying to say.
Boards will agree , yes, but until we see the accidents , tech will continue trying sell their BS.

Ok, so you have good backup system. I had seen on site , off site backups and and what and electronic storm can do.
You know how painful reconstruct stuff from dated papers. i had seen servers farms decimated, somehow the lesson i not learned.
The irony is now i learn from small personal data loss. Then i get reminded...

My opinion..tech is just a toy. Can't use it to survive. I love it for trading and entertainment, won't trust my data to it again. Had a zip drive with
many videos of my boy pitching in baseball. It worked one day and not the next. Lost all those memories.

I only think of survival if the tech crashes.

I can hunt, fish, build fire. Need to learn more about plants and other survival skills.

I may never need them but my boys may, and it never hurts to know stuff.
  • #39,056
  • Feb 22, 2013 7:30pm Feb 22, 2013 7:30pm
Quoting Jaro

Jaro my friend! Good to see you here. Haven't seen a post from you in a while.
  • #39,057
  • Feb 22, 2013 10:43pm Feb 22, 2013 10:43pm
Quoting tubguy
Jaro my friend! Good to see you here. Haven't seen a post from you in a while.
Mike!
You know I do not talk much! ......... I like reading more....
Will call you on skype next week..

P.S. I heard that FTI started smoking again... Bad and dengerous habit.... Not sure if He knows it...
Blessings to ALL!
  • #39,058
  • Feb 23, 2013 4:37am Feb 23, 2013 4:37am
hi mr.fti, nice to meet with you
I read your thread for a few weeks ,,,I know where you're coming from,,,fascinating !
of course, the front and back pages
due for 2600 page I do not know how much time it took to read it
I have a question about the stop loss
whether it will harm us if we place a stop loss ?
whether it was good that we try to find the position for re enter after stop loss hit

thanks
salaam
  • #39,059
  • Feb 23, 2013 4:50am Feb 23, 2013 4:50am
Quoting fti
there is no shame , in wanting to learn.
is more silly if one not learn and practise with wrong mindset.

you cited retracement.
That means you had been riding a trend.
So you have profits.
One will never go broke taking profits.
remember that no one can consistently sell the high and buy the low. But we can try.
The risk from the decisions, as its taken is 50:50%

You seem not understand that MM, allows you size skew risk on risk off.
so when you riding the trade. You can always book part of profits and manage it again, rebuilding again slowly...

for 6 years my trading,,I experienced,,many things like you mentioned contains a lot of truth
like your words about

## One will never go broke taking profits.

## remember that no one can consistently sell the high and buy the low. But we can try.
The risk from the decisions, as its taken is 50:50%

##How does one know before it happens, if its retracement or reversal?
NO one can see the future.
Only thing one can do is to stay on trend, if ground factors and chart prices indicate continuity.

##Learn be generous, take what market gives.
Do not force.

##example.
How much can you make in the market in range was 3 pips.
3 pips?
i think brokers make more consistent profits than some traders mostly.
3 pips is for you think only.

##What is range?
What is True range?
point a to point B traveled 100 times.
What is thr true range travelled?
what is the average of a given time sample?
there cannot be an absolute figure, only visual guesstimate.
the mind can measure.

thanks
salaam
  • #39,060
  • Feb 23, 2013 6:36am Feb 23, 2013 6:36am
Quoting tubguy
Damn Shame. My honor means alot to me.
These are the consequences of human nature...

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