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Technical Analysis Fallacy

Hello Fti and Guys .
How is everybody ?
I have a question to FTI . Many times i find myself fighting my own scorpions. Some times with succsess sometimes without . This mean that after i fight in the end i try to think how differently i could execute the fight . And many times i think what stupid mistakes i do .
May be you have some advice or some mental or fisical exercises that you can recomand in order to learn to deal with scorpions
Regards
Michael
Do not be victim to conflict of the General and Commander in you - by FTI
Quoting mr.kho
{quote} sorry, had making this thread a little messy From the furnace of controversy comes the light of knowledge. ( traider) “Be more concerned with your character than your reputation, because your character is what you really are, while your reputation is merely what others think you are.” salaam

from messy arises the light of knowledge, because respond to reputation.
Many a mickle makes a muckle.
Quoting -Michael-
Hello Fti and Guys . How is everybody ? I have a question to FTI . Many times i find myself fighting my own scorpions. Some times with succsess sometimes without . This mean that after i fight in the end i try to think how differently i could execute the fight . And many times i think what stupid mistakes i do .May be you have some advice or some mental or fisical exercises that you can recomand in order to learn to deal with scorpions RegardsMichael
Admit your bias to yourself. Problem is that you are likely to see what you want to see when you are strongly biased. Important part is to admit it to yourself that you are not 100% neutral.
Quoting nomadic123
Would love to hear more from people who wiped out their account (demo or live) and what you thought went wrong - in the hopes to avoid it myself.
It is all in the thread.. several people have, including myself. Long time ago, tho.
Quoting GEfx
{quote}Well said tubguy! What's the answer to when to flip, exit or rescue? Silly question! You should know what you are going to do if the market moves against you, before you enter the trade. Doesn't it depend on the terrain you are trading in? Your MM? etc? Understanding these things (the trading stuff that fti has been talking about for thousands of posts) is the only way to think about the risks of your trade. You guys are talking like there is only one right approach, and that is silly. And, given the heavy manipulation in the markets today,...
Thanks GEfx. Wise words you speak as well.
I believe one of the most important things Fti mentioned is market microstructure too. It seems the more I learn abou it, the better I trade.
Quoting piccolo
{quote}Admit your bias to yourself. Problem is that you are likely to see what you want to see when you are strongly biased. Important part is to admit it to yourself that you are not 100% neutral.
Boy, this has kicked my butt more times than I care to recall. Still does at times, I just catch it sooner.
Quoting piccolo
{quote}Admit your bias to yourself. Problem is that you are likely to see what you want to see when you are strongly biased. Important part is to admit it to yourself that you are not 100% neutral.
I understand what you mean but when you are in the market (scout) it means you already made an educated guess and you gauging the market. SO to be nutral is hard. But i will try your advice
Thanks
Do not be victim to conflict of the General and Commander in you - by FTI
What a wonderful world.
So loving humans are, why should they burn in hell?

http://www.youtube.com/watch?v=FeJVpBRfCUo
Quoting fti
What a wonderful world.So loving humans are, why should they burn in hell? http://www.youtube.com/watch?v=FeJVpBRfCUo

That is very troubling to watch sir. Some of those things are common practice for centuries. Most is just evil treatment of animals. I would like to spend some time kicking the as of a few of those that were shown in that video.

I love animals, but understand that we eat them. We could at least kill them with some regard for their life.

People like that give me little hope for our future here. No wonder god destroys us.
Quoting -Michael-
{quote} I understand what you mean but when you are in the market (scout) it means you already made an educated guess and you gauging the market. SO to be nutral is hard. But i will try your advice Thanks
Gauging the market - listening to what your scout is telling you, not telling it what you think.

It can be hard I know. I had a troup of very rude scouts when I first started. They used to swear at me and ask me what I thought I was doing, dropping them into danger zones and letting them get slaughtered

EDIT: Maybe try a smaller scout if you are getting too emotinally involved?
Quoting ukmanthailan
{quote}Gauging the market Michael, listening to what your scout is telling you, not telling it what you think. It can be hard I know. I had a troup of very rude scouts when I first started. They used to swear at me and ask me what I thought I was doing, dropping them into danger zones and letting them get slaughtered
Like the analogy there. I swore at myself asking why would I put my scout in death battles. Had no idea at the time why it seemed I always sent them in against the tide. Things get clearer each day now.

I advise all that read here and are new.....read and learn about market micro structure as Fti has suggested. Or face many death battles.
some scouts do come back without their heads intact. That is the life of a scout, it lets you get a feel of your enemy's stance.

don't fight the wave, you'll never be capitalised enough to do it.
Quoting fti
I am catholic. but if you need understand your mind. Read this.http://www.accesstoinsight.org/lib/t...ah/living.html regards {image}
thanks for the link ,, sir,

i like it

don't care what other people think of you,
there will always be those people who want to see you fail ,because they can't succeed

salaam
Quoting fti
What a wonderful world.So loving humans are, why should they burn in hell? http://www.youtube.com/watch?v=FeJVpBRfCUo

Inserted Video


I was a vegetarian from childhood
I do not mean the promotion because life is a choice
and has his own karmas

may /hope / wish all beings be happy
salaam
Quoting tubguy
{quote} That is very troubling to watch sir. Some of those things are common practice for centuries. Most is just evil treatment of animals. I would like to spend some time kicking the as of a few of those that were shown in that video. I love animals, but understand that we eat them. We could at least kill them with some regard for their life. People like that give me little hope for our future here. No wonder god destroys us.
God created all of us. Humans destroy ourselves.
vegetables do not scream so loud like an
animal?

"conflict is the greatest interest, therefore, it must be examined ..." SunZi
Quoting Gro
vegetables do not scream so loud like ananimal? "conflict is the greatest interest, therefore, it must be examined ..." SunZi
Create universe only "good" ... and for some time you want something
different. (magic - how recognize "good"?)
Quoting tubguy
{quote} Like the analogy there. I swore at myself asking why would I put my scout in death battles. Had no idea at the time why it seemed I always sent them in against the tide. Things get clearer each day now. I advise all that read here and are new.....read and learn about market micro structure as Fti has suggested. Or face many death battles.
Can you please explain more about "market micro structure" and if possible with some chart example? Thanks.
Quoting 786 trading
{quote} Can you please explain more about "market micro structure" and if possible with some chart example? Thanks.
Here is a link that was posted by Seneca Pilot. I believe it is similar to the book Fti recommended called "Trading & Exchanges"

http://www.forexfactory.com/attachme...mentid=1137822

Also read the thread deeply and think about Pi and how it relates to all things in nature including human behaviour on the charts.

I will admit that all of this has just started to come together and make sense to me recently. It is my opinion that it is almost impossible to teach.
Hence what makes it hard to see whats in the thread.

It's a bit like being a mechanic. You can only fix an engine when you know how it works and what makes it tick. Same with the markets.

I don't mean to be vague, just don't know how to explain it really.
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