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Technical Analysis Fallacy

  • #39,601
  • Apr 8, 2013 6:21am Apr 8, 2013 6:21am
Quoting fti
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

To win or lose this battle means nothing compared to the battle of good and evil. If I lose this battle, only means I need more practice.
  • #39,602
  • Apr 8, 2013 6:50am Apr 8, 2013 6:50am
Quoting tubguy
To win or lose this battle means nothing compared to the battle of good and evil. If I lose this battle, only means I need more practice.
battle well, my friend.

God bless. but no get illusional.
you understand, its only a battle in a series of.
Just another day in time.
no day is ever the same.

For me, everyday is precious.

regards

oh, no babble to God what you need .
He already knows.
is for you manage only. be the best you can be.
Pray the lord's prayer. make the beautiful emerge. even to every drop of water.
  • #39,603
  • Apr 8, 2013 7:02am Apr 8, 2013 7:02am
the six sided crystals reminds me of the 6 days of creation.
on the 7th God rested.

regards
  • #39,604
  • Apr 8, 2013 7:04am Apr 8, 2013 7:04am
Quoting fti
battle well, my friend. God bless. but no get illusional. you understand, its only a battle in a series of. Just another day in time. no day is ever the same. For me, everyday is precious. regards oh, no babble to God what you need . He already knows. is for you manage only. be the best you can be. Pray the lord's prayer. make the beautiful emerge. even to every drop of water.

Thank you. I will do my best.
  • #39,605
  • Edited 7:27am Apr 8, 2013 7:10am | Edited 7:27am
Quoting tubguy
Thank you. I will do my best.
matthew 6:5

regards

yes thank you, tape that to your water bottle.
best tape that to one's heart & soul.
Thank you God for creating me.
I will try not to be naughty.

ahh ahh ahh, ok try not touch that cigarette, naughty me.
why must i touch that cig after every prayer?
habit?
drink tea instead la.

please come in my body and take the bad stuff away from it.
  • #39,606
  • Apr 8, 2013 7:30am Apr 8, 2013 7:30am
Quoting fti
matthew 6:5 regards yes thank you, tape that to your water bottle. best tape that to one's heart & soul. Thank you God for creating me. I will try not to be naughty. ahh ahh ahh, ok try not touch that cigarette, naughty me. why must i touch that cig after every prayer? habit? drink tea instead la. please come in my body and take the bad stuff away from it.
I doubt god is so rigid but we could all do better I reckon.
  • #39,607
  • Edited 8:43am Apr 8, 2013 7:31am | Edited 8:43am
Quoting tubguy
I doubt god is so rigid but we could all do better I reckon.
did we?

regards

Love and kindness for all.
an eye for an eye, makes the whole world blind........matt 5:38 ; Exodus 21:24; Leviticus 24:20, and Deuteronomy 19:21

enough evil schemes already?
more smart kids?
see no evil, hear no evil, do no evil. even smart should refrain.
then i would have less to keep walking away from?
no?

Love your creatoe God with all your heart and all your soul.
no do things t o others that you will not do to yourself.



















Matthew 5:39

Luke 6;29

Matthew 10:14
  • #39,608
  • Edited 9:06am Apr 8, 2013 8:44am | Edited 9:06am
oh shit, today is monday.
I thought is sunday.

mom just told me.
so sorry, back to check markets.

this brain not on the balls.

just checked some mails.
some lines are ready.

and i just accidently erased my posting.
Please not ask why.
Just mind is disorientated still.
  • #39,609
  • Apr 8, 2013 8:59am Apr 8, 2013 8:59am
any help get me back on the pulse is appreciated.
  • #39,610
  • Apr 8, 2013 9:09am Apr 8, 2013 9:09am
Quoting tubguy
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 know exactly what you are feeling here. For a period of time i found my self doing the same, Trying to be far too nimble, if my timing is not correct within this moment in time and this wave i would prefer to cut lose and wait for another timing opportunity.

But keep doing this even with small positions and the losses slowly add up and begin to eat into the account. The "death by a thousand arrows"

I Found it is good to allow room for the trade to breathe especially when its only the scout, its kind of his job right.?

But i found that you must also balance this with being nimble, not rendering your self unable to act quickly when signs of change begin to emerge. Things can change so quickly in trading.

For me its all about the terrain, if we are slow and lethargic back and forth i give the trade more room to breath, But when market is alive and running and my attack is in place my exposure increased, it is now that i am at my most nimble, Any signs of slowing or stalling and i am either out of the trade or greatly reducing my exposure.

I feel this is the prudent approach and the only way to protect profits and prevent being caught on the rapid turn arounds.

I see it that if you are overly prudent rather then slow to react then you will bank some profits but perhaps there are times when you miss out on some of the move as you bailed too early, But for those times it just rockets in the other direction you would have protected your book. Preservation of capital and managing of risk is everything, Better to make "some" money with tighter risk controls then make a bit more money but with chances of losing more also.

It then comes down to your skill in managing the trade in the most prudent way, to take advantage of most of the move. But this is the mind set how i see it.

Just how i see it from my own experiences thus far.
  • #39,611
  • Apr 8, 2013 9:12am Apr 8, 2013 9:12am
Chief,

I am very weak to understand news and how to react them while trading.
Please explain and comments on following ...

China President Xi Says Global Economic Recovery Remains Elusive

Here is article:
http://www.bloomberg.com/news/2013-0...s-elusive.html


Thanks Chief.
  • #39,612
  • Edited 9:48am Apr 8, 2013 9:16am | Edited 9:48am
ai ya someone just told me maggie ' íron lady' kicked the bucket.
my condolences.

me still struggling live forever.
  • #39,613
  • Apr 8, 2013 9:24am Apr 8, 2013 9:24am
Quoting fti
oh shit, today is monday. I thought is sunday. mom just told me. so sorry, back to check markets. this brain not on the balls. just checked some mails. some lines are ready. and i just accidently erased my posting. Please not ask why. Just mind is disorientated still.

there is time for everything. my friend

human.. we not only have brain, but also kind of heart..

what you did was excellent.. perfect is only for God.

no regret. there is a reason for everything


Regards
steady as she goes
  • #39,614
  • Edited 9:52am Apr 8, 2013 9:24am | Edited 9:52am
Quoting 786 trading
Chief, I am very weak to understand news and how to react them while trading. Please explain and comments on following ... China President Xi Says Global Economic Recovery Remains Elusive Here is article: http://www.bloomberg.com/news/2013-0...s-elusive.html Thanks Chief.
Oh, he just saying that economies are contracting.
Need get to sanguin growth perspectives.

There's much injections into the economy , proping it from collapsing.
so is best for soft landing than force growth.
Is not clever expecting double digit growth onwards.
steady calm growth should be the medicine of the day.

Lets hope, they find way allow the medium of trade for china, aka the RMB can become a tradable instrument.
otherwise little peeps cannot share in the prosperity of the Chinese international tradings.

May take time slowly, release it into the market, when the water temperature equalises for proper release.

regards
ipersonally , would appreciate if indepandant figs and data can be compiled and publicly available so that we can see what the real pic looks like.
So that investments and hedgers can plan good 5 year businness plans.

I believe they think tanks are focused now in to tapping dosmestic growth than international arenas.
Internationally many systems are at the edge of core broken already.
  • #39,615
  • Apr 8, 2013 9:57am Apr 8, 2013 9:57am
for me i think i willtake time get back on the flow.
is not clever rush.
slow and steady, maybe tomollo.
I should just relax back as if is still sunday.
me have extended sunday



regards
  • #39,616
  • Apr 8, 2013 12:03pm Apr 8, 2013 12:03pm
Quoting fti
for me i think i willtake time get back on the flow. is not clever rush. slow and steady, maybe tomollo. I should just relax back as if is still sunday. me have extended sunday regards


Hi fti


may I suggest if possible to go sit with your fish for a while to contemplate your next move.


Regards


Phil.
-be careful about what you allow to be put in your mind-
  • #39,617
  • Apr 8, 2013 10:35pm Apr 8, 2013 10:35pm
Battle update.

Due to life causing me to be unavailable to trade NY tom. I decided to kill the scout and cease my rescue attempts.

Hard to rescue when your not there. No huge loss suffered. Still have some soldiers left and never added any more after the first add.

It has been a great learning experience and I actually enjoyed it. Gained some valuable insights in the process.

I'll be back at it on wed.

Good trading all.

Just wanted to mention, I could have added funds and rescued in short order several times. I chose not to. I wanted to make an attempt at
digging out with little resources. Given a couple more sessions and I am sure I would have gotten it. But such is life. My boys come before all else.
  • #39,618
  • Apr 8, 2013 11:39pm Apr 8, 2013 11:39pm
when you are busy and can not be in front of the monitor
it would be wise if we look at the long-term time frame
if possible to be continued ?
with notes the load is not too heavy

salaam
  • #39,619
  • Edited 11:30am Apr 9, 2013 12:14am | Edited 11:30am
Hello Fti!
Just wanted to say Thank You for all you did and still doing over these years on the thread. Wishing and praying that your health will improve, and you will have better quality of life.
Thanks to you FTI, Mamood, Mike, Jenny and many others who were encouraging and guiding during my first baby steps in that wild business of forex . At times I felt that it is impossible to succeed, but with time, effort, encouragement, guidance and dedication it is possible to be successfully. Of course, some of us have such a big (unrealistic) dreams and appetites......
I want to encourage all who is still seeking their path in this business, You Can Make It!

Many Blessings to All!
Thanks Fti again!
  • #39,620
  • Edited 6:45am Apr 9, 2013 6:13am | Edited 6:45am
Quoting phil13
Hi fti may I suggest if possible to go sit with your fish for a while to contemplate your next move. Regards Phil.
koi said.
just be like me.
follow the flow.
manage things as they surface.
your heart not in good shape. so don't try achieve too much.
doesn't matter to anyone else, no one will remember.
its only your own ambitions trying push the envelop.
you have new set of limits.
just be the best you can be.
Don't live in the past.
Live in the now.

Any bonus crap food for the chit chat?
by the way you had been lazy.
Water conditions not very good.
a good workman should get his fair wages?

regards

koi not friendly already.
mom's the one feeding now.
so maybe more friendly to mom.
They propbably thinking, where has this lazy ass gone for such long time.
wait for him feed surely starve to death.
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