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Technical Analysis Fallacy

  • #39,581
  • Apr 5, 2013 1:39pm Apr 5, 2013 1:39pm
Quoting Gro
RSJ algoritmic trading - member of the Chicago Board of Trade, Euronext.liffe, European derivatives exchange Eurex etc.
someone is able to explain me, no blackbox!!!

RSJ algoritmic trading founding of the company 1994, starting capital does not exceed 50 000 € !!!

2000
RSJ executes its first derivatives transactions
on the Euronext.Liffe.
2004
RSJ becomes a market maker on London’s
Euronext.Liffe derivatives exchange.
2005
RSJ becomes a member of the
Euronext.Liffe in London, the first securities
broker from Central and Eastern Europe to
do so.
2007
RSJ PowerFunds, a hedge fund investment
company, becomes a member of the
Chicago Board of Trade.
In mid 2007, RSJ realized transactions
equalling 4% of all turnover on the
Euronext.liffe, becoming that market’s
largest trader. RSJ monthly turnover
exceeded EUR 2 000 billion.
2008
In early 2008, RSJ PowerFunds becomes a
market maker on the Chicago Mercantile
Exchange.
Relocation of the RSJ headquarters to
Prague.
2009
RSJ is the first Czech company which
officially became a member of the European
derivatives exchange Eurex
etc.
  • #39,582
  • Edited Apr 6, 2013 11:12am Apr 5, 2013 2:06pm | Edited Apr 6, 2013 11:12am
Quoting Gro
someone is able to explain me, no blackbox!!! RSJ algoritmic trading founding of the company 1994, starting capital does not exceed 50 000 € !!! 2000 RSJ executes its first derivatives transactions on the Euronext.Liffe. 2004 RSJ becomes a market maker on London’s Euronext.Liffe derivatives exchange. 2005 RSJ becomes a member of the Euronext.Liffe in London, the first securities broker from Central and Eastern Europe to do so. 2007 RSJ PowerFunds, a hedge fund investment company, becomes a member of the Chicago Board of Trade. In mid 2007,...
pre programmed trading instructions........ they evolve in strategies and mm to adjust terrain. i call it nimbleness.
small traders lack operational and capital resources even if they have intellectual capacity to built robots.

regards

reminds i had 20+ robot strategies before hitting the thread.
none of it was not profitable. even in all terrains.

is not the right attitude to ask, even if the question is legitimate.
  • #39,583
  • Apr 5, 2013 4:47pm Apr 5, 2013 4:47pm
Quoting tubguy
Battalions out with a few troops added to the reserves. Don't like the feel. Gonna wait a few more mnutes and see if she has something to say.

It's been a hard battle and the scout is still in the field. Brought in some support troops from the other side(market) who defected and joined my army.

The battle will resume at open on sunday evening. God willing.

Have a great weekend all. I'll be doing taxes.
  • #39,584
  • Apr 5, 2013 8:49pm Apr 5, 2013 8:49pm
Hey tub. Sorry to hear of ur protracted battle. I understand that over-the-weekend risk is unimaginable.Is it more prudent to close e position n carry on from Sunday evening?
  • #39,585
  • Apr 6, 2013 10:30am Apr 6, 2013 10:30am
Quoting kinky
Hey tub. Sorry to hear of ur protracted battle. I understand that over-the-weekend risk is unimaginable.Is it more prudent to close e position n carry on from Sunday evening?

Hey kinky,

Yes it is risky, but I have a small scout that could withstand a further 500 pips before margin and I could deposit another battalion if needed.
I would rather take that chance and hang on. It is a true death battle in my book. I have made the choice to fight this one till the bitter end
because I feel it is needed to get my mindset right.

Throwing myself in the deepend, since Fti isn't here to push me.

I have basically lost book value due to death by a thousand stops too many times. I let fear of loss cause me to remove positions after only
a few pips, only to watch it go hard in my favor. I have been my own worst enemy.

Now, I intend to let that position tend to itself and trade what is on the chart until I bring it home safe or bank enough profit from the other
trades to be able to kill it without book loss.

I realized fri. that I trade better under stress. I was cool and never really worried for the first time in a long time. I ended up coming only $10
short of being able to kill the scout and keep the book in tact. Kinda funny how the (i'm gonna win or blow it all) attitude changed the way I traded.

Keep in mind, I didn't just enter tons of trades and "hope" they would save me. I took very calculated shots in the direction that price was moving at the time.(flow). After price topped and started to retrace, I only took trades when it pulled back in the direction of my scout.

I think I am slowly beginning to put the pieces together of what FTi has shown. Thanks to some of the seniors on this thread.

Fti, feel free to bust my bubble if I need it. Thanks to you again as well.

Trade well
Mike
  • #39,586
  • Apr 6, 2013 11:15am Apr 6, 2013 11:15am
all the best, tub
  • #39,587
  • Apr 6, 2013 11:16am Apr 6, 2013 11:16am
Quoting tubguy
I took very calculated shots in the direction that price was moving at the time.(flow). After price topped and started to retrace, I only took trades when it pulled back in the direction of my scout. I think I am slowly beginning to put the pieces together of what FTi has shown.
this the mindset mike.
i got feeling that the direction flow identification is problem.
would love hear green pips from you mate.

regards
  • #39,588
  • Apr 6, 2013 11:22am Apr 6, 2013 11:22am
.... Drawkward !
Time hides Nothing
  • #39,589
  • Apr 6, 2013 2:17pm Apr 6, 2013 2:17pm
Quoting kinky
all the best, tub
Thanks Kinky.
  • #39,590
  • Apr 6, 2013 2:18pm Apr 6, 2013 2:18pm
Quoting cuthbert
this the mindset mike. i got feeling that the direction flow identification is problem. would love hear green pips from you mate. regards

I'm in it to win it! Thanks for your encouragement.
  • #39,591
  • Apr 6, 2013 2:18pm Apr 6, 2013 2:18pm
Quoting CindyXXXX
.... Drawkward !

Huh?
  • #39,592
  • Edited 5:36am Apr 8, 2013 4:51am | Edited 5:36am
Ai ya mike.
life is full of battles.

sometimes, need fight very strong.
It doesn't matter who one is.
is the same for everyone.

but i would like show you the ultimate source of peace of mind during these battles.
my friend,

have you ever come across a R&D done by a masaru Emoto Dr.
He's seems is a christian.
seems confirms what jesus taught is real.
remember pray over your food before injesting.
Other than the will of the almighty.
This the same stuff keeping me alive.
Love.
The law of nature. At it most basic.

Monastery water, zam zam, Power of light?
The same peeps shows up help those who needs it.
But if themind is of love.
Then this miracle is always happening.

Remember no have evil thoughts, water knows the power of the mind. Mindset. the intent.
try without hidden agendas.
Good begets Good, Evil begets more evil.
Birds of same feathers flocks together.

Is difficult understand God, but try.
In fact is not difficult.Its name is Love.
Do no evil.

regards

Inserted Video


one sifu tried save my life with his.
Nearly cost his life.
now another one comes forth.
lets see , what becomes from her..
Is becomeing very mind baffling........my condition.
hexagons, a new dimension.
  • #39,593
  • Apr 8, 2013 5:46am Apr 8, 2013 5:46am
Attached Image
  • #39,594
  • Apr 8, 2013 5:51am Apr 8, 2013 5:51am
Quoting phil13
Hi frz balls means brave? Yes..... but you should reserved it for when you are in deep water in the market and deep water should be avoided, that is where there is a real possibility of drowning, why risk unnecessary. I was not having a go at you at all, sorry if you thought that, I was trying to point out the above basically. If you use 10% per battle and you loose 5 in a row, which is more than a possibility especially while learning what is here, then you will have to gain 100% just to break even, the pressure that will put you under...
hi Phil

yes. it clears, mate.

my adventure on MM was started before i re-unite my capital from my sub account,
i don't have any base principal risk yet.
so, i just try searching my base.

initially i trade 60%-70% of equity per single trade. LOL
then it reduced to 50%, 30%, 20%.
all of these attempt was succesfully swept my sub account.
and the last is 10%.

the last MM, i still be able to defend some deep under waters with hedging and averaging.
but, i recognize it has no point and contra productive.
my flexibility was limited,
and the pressure was overly huge. more huge than my ego.

so, i decided to take a break and do some simulations on demo account.
now i try build strong model of my MM.
as fti has mentioned, spiral within spiral.

have a good trade Phil and thanks for your kindness of advice, as always.
you are good person.

Regards.
steady as she goes
  • #39,595
  • Apr 8, 2013 5:54am Apr 8, 2013 5:54am
Quoting tubguy
I'm in it to win it! Thanks for your encouragement.
wish u win your battle, Mike.

and many thanks for the vouch.


Regards
steady as she goes
  • #39,596
  • Edited 9:24pm Apr 8, 2013 5:55am | Edited 9:24pm
Quoting fti
{image}

Hi Fti

i have made some calculations about my MM.
and was put into practise on friday, last week.

my demo on micro account is start at $10.000 with 1:100 leverage.
within its scope, i have only 3 layers of minor level within 5 layers of main level.

if i gearing more to get more layers, then the smallest position is untrade-able
the smallest trade-able position that i've got is 0.01 lot, only 0.1% of equity.
the last position of the last layers is equally 52% of equity.

my skew is based on the simplest of fibonacci math. 1+1=2
i do not use the 1.618 compound due to flexibility order.
0.01 lot per single trade = $10 as margin (maybe more, depends on broker)
layers 1: 0.01 lot, 0.01 lot, 0.02 lot
layers 2: 0.04 lot, 0.04 lot, 0.08 lot
layers 3: 0.16 lot, 0.16 lot, 0.32 lot
layers 4: 0.64 lot, 0.64 lot, 1.28 lot
layers 5: 2.56 lot, 2.56 lot, 5.12 lot

it means i have about 500 troops in equally value if needed.
enormous back up.

but, if i want make a simple life with my current remaining equity,
i should gearing at least 1% per single trade.

as illustration with $10.000 account, 0.1 lot per single trade = $100 as margin
layers 1: 0.1 lot, 0.1 lot, 0.2 lot
layers 2: 0.4 lot, 0.4 lot, 0.8 lot
layers 3: 1.6 lot, 1.6 lot, 3.2 lot

the last position of the last layers is equally 32% of equity as principal risk.
it means i have only 3 layers of minor level within 3 layers in the main level.
and 320 troops as back up in equally value.

in order to maintain my survival ability in the market over long term.
i should not readjust my capital risk over profit,
till it sufficient enough to forming remains amount of layers required, based on principal risk determined.
so, 7 layers within 7 is possibly gets applied later.

and i will readjust it after all layers is being formed,
up to 30% from initial skewing whenever meet 300% of risk capital,
as you have mentioned.

in application of these MM,
i don't use the rigid skew.
so, i just adding some positions in equal value (1% of equity for each position) if i feel the price moves in my favor.


Regards
steady as she goes
  • #39,597
  • Edited 6:11am Apr 8, 2013 5:56am | Edited 6:11am
Just wanted to tell my friends.
After vomoiting sessions, when i went to sleep.
I had a very vivid dream.

I saw me training some scouts again.
we was giving away free new testiment booklets to peeps again, for free.
untieing the knot on our scarves daily, again. doing our "turn of good" daily.
There was so many sponsors crating to me free bibles, to be given out.
healing the sick,..............so much lovee and happiness.

so joyful the dream.
when when i woke up.
saw my condition i am in now.

the wonderful deram now ewsigns to a nightmare.
I cannot do this all again.



regards

maybe is not my work.
maybe the pope francis should be doing it?
  • #39,598
  • Apr 8, 2013 6:07am Apr 8, 2013 6:07am
Quoting fti
Ai ya mike. life is full of battles. sometimes, need fight very strong. It doesn't matter who one is. is the same for everyone. but i would like show you the ultimate source of peace of mind during these battles. my friend, have you ever come across a R&D done by a masaru Emoto Dr. He's seems is a christian. seems confirms what jesus taught is real. remember pray over your food before injesting. Other than the will of the almighty. This the same stuff keeping me alive. Love. The law of nature. At it most basic. Monastery water,...
Very cool. I thought it was made up at first, until the part about doing the same with 5 other major religions.

Thanks for posting it.

Nothing new to report on the battle. Poked a stick at it in asian session but there was no movement at the time. Had to sleep through london.
Lets see what NY brings. I smell some more up, but only time will tell.
  • #39,599
  • Apr 8, 2013 6:09am Apr 8, 2013 6:09am
Quoting frz
wish u win your battle, Mike. and many thanks for the vouch. Regards
Thanks man. Good luck to you and your journey.
  • #39,600
  • Edited 6:34am Apr 8, 2013 6:15am | Edited 6:34am
Quoting tubguy
Very cool. I thought it was made up at first, until the part about doing the same with 5 other major religions. Thanks for posting it. Nothing new to report on the battle. Poked a stick at it in asian session but there was no movement at the time. Had to sleep through london. Lets see what NY brings. I smell some more up, but only time will tell.
: ) you know the basics.
so i will leave you handle your own battlefield.

: ) is not war betwwen religions.
Only battle of good against evil, in many shades and colours.
Please not be decieved, use rigidity , and become the beast.
Only holiness(kindness) vs evil.
Kindness and love for all brothers and sisters.

regards

just came to me.
excludes wifes. they the ones we evil to. what kind of brain i have la.......

the result of the manipulation to own, to covert. i remembered zoran's post.
"with this i will.....................forever."

ambition?
but of course is not every wife, some work very hard, do it without ambition and the law. but by love only.
Is not easy, the tools had been unleashed, but inspike of , some do overome because of love.
need be extreamly lucky.
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