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Technical Analysis Fallacy

  • #41,921
  • Aug 11, 2013 1:18pm Aug 11, 2013 1:18pm
Hi Guys
Here is a post of FTI about "importance of "sense"(bias)"
Link
and little something about "rigidity"
Link
regards
Michael
Do not be victim to conflict of the General and Commander in you - by FTI
  • #41,922
  • Edited 5:19pm Aug 11, 2013 5:06pm | Edited 5:19pm
everybody's climbing their learning curve.

For me is very depressing.
My stamina, totally lost.
mY body is like........

ok got to get my favourite girl (dad's too) come help me get my mind of this rust.
She's in her 90s i think living in NY. last i heard.
but i remember YOU.

So the rest in dumps , pls bear with the interuption....and the noise. esp the language.

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  • #41,923
  • Edited 5:33pm Aug 11, 2013 5:23pm | Edited 5:33pm
here comes the favorite 60's girl. andaleh andeleh yebaaah!

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  • #41,924
  • Aug 11, 2013 5:33pm Aug 11, 2013 5:33pm
Quoting fti
everybody's climbing their learning curve. For me is very depressing. My stamina, totally lost. mY body is like........ ok got to get my favourite girl (dad's too) come help me get my mind of this rust. She's in her 90s i think living in NY. last i heard. but i remember YOU. So the rest in dumps , pls bear with the interuption....and the noise. esp the language. http://www.youtube.com/watch?v=u6XMAIOvJgQ http://www.youtube.com/watch?v=bqpGct5jqVw http://www.youtube.com/watch?v=RSt3voca7h8 http://www.youtube.com/watch?v=TyEdJ-DrdS8...

As long as your mind and finger work. TRADE!

My dad is slowly starting the decline of life.
I still support him doing what he loves and knows.

I would rather see him die suddenly than be miserable before.

I'll gladly take his misery and may have. I have been miserable in many ways for quite some time.

I roll on! It will get better. I will make sure of it!

I have too. My boys need me a few more years.
  • #41,925
  • Aug 11, 2013 6:20pm Aug 11, 2013 6:20pm
Quoting tubguy
{quote} As long as your mind and finger work. TRADE! My dad is slowly starting the decline of life. I still support him doing what he loves and knows. I would rather see him die suddenly than be miserable before. I'll gladly take his misery and may have. I have been miserable in many ways for quite some time. I roll on! It will get better. I will make sure of it! I have too. My boys need me a few more years.


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  • #41,926
  • Aug 11, 2013 6:33pm Aug 11, 2013 6:33pm
Quoting fti
{quote} http://www.youtube.com/watch?v=egRmH6Cwzrk http://www.youtube.com/watch?v=DxmNlcV9rgg

Sure wish I could understand those songs. Perhaps someday? I'm sure they have some meaning.
  • #41,927
  • Aug 11, 2013 7:09pm Aug 11, 2013 7:09pm
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  • #41,928
  • Aug 11, 2013 7:30pm Aug 11, 2013 7:30pm
Quoting fti
http://www.youtube.com/watch?v=DYFN79xUVv8

Ah! All about pretty ladies. I get that! Love beutiful women.
  • #41,929
  • Edited 7:45pm Aug 11, 2013 7:34pm | Edited 7:45pm
Quoting tubguy
{quote} Ah! All about pretty ladies. I get that! Love beutiful women.
Nope my friend.
Is about birds & fishes.
About spirit and drawing energy from energy.
About many happys.

About charisma.
Is about not duel in the sadness of living.
Is about, is dang sad enough,look at the sunshine of life.
feeling sad changes nothing, feeling happy is everything.

get the endofins up, and where the hell is my battle amours.

regards
  • #41,930
  • Aug 11, 2013 7:40pm Aug 11, 2013 7:40pm
Quoting fti
{quote} Nope my friend. Is about birds & fishes. About spirit and drawing energy from energy. About many happys. About charisma. regards
Gonna have to do some work on my oriental language skills I suppose? Thanks for the summary. Much better than mine.
  • #41,931
  • Edited 8:24pm Aug 11, 2013 8:02pm | Edited 8:24pm
Quoting tubguy
{quote} Gonna have to do some work on my oriental language skills I suppose? Thanks for the summary. Much better than mine.
Is so horrible i slept on my trades.
woke up in middle of no life times, took winfall profits.
how , is it that i not have the stamina in batlles no more.

thanks to God for looking after em.
Theme is "Never ending party"
It ain't over till the fat lady sings.


regards
  • #41,932
  • Aug 11, 2013 8:11pm Aug 11, 2013 8:11pm
Quoting mario83
Hi Friends, I would like to ask you for an advice and lesson how to deal such situation in future. I've been trading some time ago as amateur starting from 2010 and finished in the end of 2011 as my primary job was exhausting and couldnt spent more time on FX. Now i'm back with target of 10% each month which seems very easy. I learnt a lot of from FTI's thread (FTI - i will be always thankful for your effort put into this thread - you made my eyes wide open into FX market and personal life). So, i was almost 10% up in just one week trading with...

Mario83,

In my opinion your scout should have died where I marked the chart and you should have sent a scout back into the trend.

The first legs are a clue to the direction she wants to go. Everything was getting higher despite deep pullbacks. Thats what the scout is for and why Fti says it is expendable. You can take a few small scout losses and still bring the book to profit.

Whack em at the places that have the least probability for draw down and ride when you are right. I still struggle with the riding part myself.

Good luck
Mike
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  • #41,933
  • Aug 11, 2013 8:26pm Aug 11, 2013 8:26pm
Quoting tubguy
{quote} Mario83, In my opinion your scout should have died where I marked the chart and you should have sent a scout back into the trend. The first legs are a clue to the direction she wants to go. Everything was getting higher despite deep pullbacks. Thats what the scout is for and why Fti says it is expendable. You can take a few small scout losses and still bring the book to profit. Whack em at the places that have the least probability for draw down and ride when you are right. I still struggle with the riding part myself. Good luck Mike {image}...
get new saddle my friend, no save on necesaries.
'
regards
  • #41,934
  • Aug 11, 2013 8:33pm Aug 11, 2013 8:33pm
Quoting fti
{quote} get new saddle my friend, no save on necesaries. ' regards

Understood.

This is not the way i do it. Just better to kill the scout than end up like I did so many times.

Letting price just keep running against me till I had nothing left to fight with.'

Seems I always got caught in that situation until i realized that It was me.

I believe now that self discovery is key.

I'm sure that I don't do it the way you do my friend. Only what I percieve as right.

My account is very small. I must protect it at all cost.
  • #41,935
  • Aug 11, 2013 8:35pm Aug 11, 2013 8:35pm
from hidesight is so clear.
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  • #41,936
  • Aug 11, 2013 8:40pm Aug 11, 2013 8:40pm
Quoting fti
from hidesight is so clear.
Ahmen! Hindsight is always 20/20. No?

I don't mean to make out that I know exactly how its done. But I have learned alot. patience is still my biggest egor.

Slowly....onward through the fog.

Actually...I think I might know. just don't have the funds to prove it if I am wrong big time.
  • #41,937
  • Edited 9:02pm Aug 11, 2013 8:45pm | Edited 9:02pm
Quoting tubguy
{quote} Ahmen! Hindsight is always 20/20. No? I don't mean to make out that I know exactly how its done. But I have learned alot. patience is still my biggest egor. Slowly....onward through the fog. Actually...I think I might know. just don't have the funds to prove it if I am wrong big time.
problem was babysitting when in range, and commited to marraige after got into trouble?
the story of life.

but then again, there is no wrong way to manage, only if suits cap.

regards

http://youtubu.tv/watch?v=sJuizS3a7jk

is all sliding away. soon.

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  • #41,938
  • Aug 11, 2013 8:47pm Aug 11, 2013 8:47pm
Quoting fti
from hidesight is so clear. {image}
Just saw the marked chart.

It says that price could not go lower than the last high and close. retested. Time to scout north.
  • #41,939
  • Aug 11, 2013 8:52pm Aug 11, 2013 8:52pm
Quoting fti
{quote} problem was babysitting when in range, and commited to marraige after got into trouble? the story of life. but then again, there is no wrong way to manage, only if suits cap. regards
Quote
problem was babysitting when in range, and commited to marraige after got into trouble?

Done this more than I care to admit.

i agree. I try to take profit with the scout and readjust when I see that there is no follow through.

I don't always see it of course and take some hits. Still a bit near sighted at times.

Honestly i miss alot of those things until I get in the groove. Just starting to learn when I'm not and get the hell out.

Sometimes I just feel it, other times I don't. Good to know the difference.

I still have far to go.
  • #41,940
  • Aug 11, 2013 9:06pm Aug 11, 2013 9:06pm
Once again I believe my comments show ignorance and arrogance.

My apologies. if that is the case.

I am no more than a humble student.

Just wish to be the best I can be.

Won't stop until I am.
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