Technical Analysis Fallacy | Page 2126 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The Ultimate Fallacy in Technical Analysis 99 replies

"Technical Analysis Fallacy" thread people, I need your help 54 replies

Technical Analysis Fallacy Redux 23 replies

Statistical analysis fallacy 33 replies

Attachments: Technical Analysis Fallacy
Exit Attachments

Technical Analysis Fallacy

  • #42,501
  • Aug 30, 2013 12:45am Aug 30, 2013 12:45am
Quoting fti
{quote} I am trying make you wake up from the propaganda you being fed. you said "i am unable to identify and manage all the risks" you go tell traffic officers i cannot manage risk driving. see if he will issue you licence to drive. I will not work out the figs for you. you have to manage that yourself. if you really want my opinion, ii think you just greedy and biting off more than you can chew. please do not deluded think you can drive a porsche because you can ride a bicycle. regards
Can you elaborate on the propaganda that i am being fed so i can work on eliminating it ?

I have great respect for the markets and thread it carefully, why else would my scout be so small ?
So i am not sure about the part of me being greedy, i only want to ride my bike steadily.

Why am i biting off more than i can chew ?
My capital is $150,000 and my scout is $1.
And i intend to increase it to $500,000 and still maintain scout at $1.

Whack me if u have to, but pls explain it to me so i can understand.

Kind Regards.
  • #42,502
  • Aug 30, 2013 12:54am Aug 30, 2013 12:54am
Quoting appleboy
If you can show me how to calculate and manage my exposure risk , i would be most grateful. humbly yours.
risk managing is dependant on many factors.
most important factor is YOU.
How can i 3rd party tell you how much risk is palatable for you?

Is your call, you are the manager of the funds.
I am just asking you bite enough that you can chew comfortably on the level of learning curve you are now on.


regards
  • #42,503
  • Aug 30, 2013 1:01am Aug 30, 2013 1:01am
Quoting appleboy
{quote} Can you elaborate on the propaganda that i am being fed so i can work on eliminating it ? I have great respect for the markets and thread it carefully, why else would my scout be so small ? So i am not sure about the part of me being greedy, i only want to ride my bike steadily. Why am i biting off more than i can chew ? My capital is $150,000 and my scout is $1. And i intend to increase it to $500,000 and still maintain scout at $1. Whack me if u have to, but pls explain it to me so i can understand. Kind Regards.
is not whacking.
Just want you know,
how to say,
the bigger the pot the more will be the burnt rice.
make sure you are aware of that.
and make sure you emotions are atuned to your appetite.
regards

my most concern for you now is that you tasted blood.
and you want bite strong.
basically you had not experienced markets in extream conditions.
150k with $1 scout seems
so you not seen whats a half mio book behaviour like yet.

now markets are in lull before storm terrains.
make sure you have raincoat if storm hits.

grow should be naturally progressing with experience.
try not waste the opportunity or learning and growth.
end up where is difficult reboot again if crashes.
  • #42,504
  • Aug 30, 2013 1:04am Aug 30, 2013 1:04am
Quoting fti
{quote} risk managing is dependant on many factors. most important factor is YOU. How can i 3rd party tell you how much risk is palatable for you? Is your call, you are the manager of the funds. I am just asking you bite enough that you can chew comfortably on the level of learning curve you are now on. regards

i'm sorry, i think i might have miscommunicated my intentions.
I did not mean to ask you to determine how much risk i should take.
U r right that should be determined by me.
  • #42,505
  • Aug 30, 2013 1:04am Aug 30, 2013 1:04am
Quoting appleboy
{quote} Can you elaborate on the propaganda that i am being fed so i can work on eliminating it ? I have great respect for the markets and thread it carefully, why else would my scout be so small ? So i am not sure about the part of me being greedy, i only want to ride my bike steadily. Why am i biting off more than i can chew ? My capital is $150,000 and my scout is $1. And i intend to increase it to $500,000 and still maintain scout at $1. Whack me if u have to, but pls explain it to me so i can understand. Kind Regards.
How much u can loose on 5,00,000?
  • #42,506
  • Aug 30, 2013 1:05am Aug 30, 2013 1:05am
Quoting fti
{quote} is not whacking. Just want you know, how to say, the bigger the pot the more will be the burnt rice. make sure you are aware of that. and make sure you emotions are atuned to your appetite. regards
Thank you very much, FTI !

Now, back to my cave...
  • #42,507
  • Aug 30, 2013 1:07am Aug 30, 2013 1:07am
Quoting indianguyinny24
{quote} How much u can loose on 5,00,000?
maybe all of it it ego gets the trader by the balls...
  • #42,508
  • Aug 30, 2013 1:11am Aug 30, 2013 1:11am
Quoting appleboy
{quote} maybe all of it it ego gets the trader by the balls...

pray.
Inserted Video


regards
  • #42,509
  • Aug 30, 2013 1:18am Aug 30, 2013 1:18am
Quoting appleboy
{quote} maybe all of it it ego gets the trader by the balls...

  • #42,510
  • Aug 30, 2013 1:32am Aug 30, 2013 1:32am
Quoting appleboy
{quote} maybe all of it it ego gets the trader by the balls...

exactly, it is all dependant on YOU and YOUR MM/mindset

regards

Phil.
-be careful about what you allow to be put in your mind-
  • #42,511
  • Edited 2:01am Aug 30, 2013 1:42am | Edited 2:01am
my friends.

Inserted Video


Inserted Video


Inserted Video


regards
  • #42,512
  • Aug 30, 2013 2:05am Aug 30, 2013 2:05am
Inserted Video
  • #42,513
  • Aug 30, 2013 3:12am Aug 30, 2013 3:12am
Quoting appleboy
{quote} Can you elaborate on the propaganda that i am being fed so i can work on eliminating it ? . Kind Regards.
oh is just you need understand.
is not easy make pips.
not like how peeps thinks is.

more risk not necessarily mean more returns.
Only if you can manage it well.

Bigger pot only means is less nerve wrenching.
But if burnt, big pot is big big pain.

best is grow by performance consistency mean(balance, equilibrium)
book performance will show you how good you are.
only take what she's willing give.
force and she may slap you, where it hurts.
in fact is not she slaps you is you provide the excuse gets slapped by being off self balance.


regards
  • #42,514
  • Aug 30, 2013 4:56am Aug 30, 2013 4:56am
Today was the first day , of my new journey .... and big news i took long ... at London open i spot weakness in the short trend , and i keep until we cameback on the high of asia ... so it was my first steps as a dancer ...

regards
Attached Image (click to enlarge)
Click to Enlarge Name: Capture3.PNG Size: 3 KB
  • #42,515
  • Aug 30, 2013 5:00am Aug 30, 2013 5:00am
Quoting Redsunfx
Today was the first day , of my new journey .... and big news i took long ... at London open i spot weakness in the short trend , and i keep until we cameback on the high of asia ... so it was my first steps as a dancer ... regards {image}

ok can can girl.
but be careful, many lesson in managing.

regards

Inserted Video
  • #42,516
  • Aug 30, 2013 5:08am Aug 30, 2013 5:08am
Quoting fti
{quote} is not whacking. Just want you know, how to say, the bigger the pot the more will be the burnt rice. make sure you are aware of that. and make sure you emotions are atuned to your appetite. regards my most concern for you now is that you tasted blood. and you want bite strong. basically you had not experienced markets in extream conditions. 150k with $1 scout seems so you not seen whats a half mio book behaviour like yet. now markets are in lull before storm terrains. make sure you have raincoat if storm hits. grow should...
Dear fti,

Hahaa... i dont think i have the capacity yet to draw the market's blood.
the markets tasted my blood first, and i shall never forget that...
i think i merely managed to stay out of the market's path and collected some flakes.

May i ask, when you say , "150k with $1 scout seems "

Do you mean that i am
1) Too conservative ? - Under leveraged, or overly capitalized ?
2) Not conservative enough ? - that i am still over my head in managing my exposure risk ? and that i should reduce my base more ?
cos you followed your statements with
" so you not seen whats a half mio book behaviour like yet. now markets are in lull before storm terrains. make sure you have raincoat if storm hits. grow should be naturally progressing with experience. try not waste the opportunity or learning and growth. end up where is difficult reboot again if crashes "
indicating that i have not seen enough of the markets yet.

I note that , yes i have not seen enough of crashes yet , but i have seen a few.
I remember this year i think, there was a computer glitch in NYSE, and all markets crashed momentarily before recovering.
There was also a gold crash that turned out to be the best day ever for all fx brokers cos all leveraged accounts were wiped clean.
http://www.leaprate.com/forex-indust...old-crash.html

so i do not want my ants work to be wiped out cos of one of these events, thus the preparation to avert Armageddon.
but then again no risk , no profits.

By the way, can you shed some light into what " a half mio book behaviour " would be like ?

Thank you

Best Regards, and Respect as always.
  • #42,517
  • Edited 5:29am Aug 30, 2013 5:12am | Edited 5:29am
Quoting appleboy
{quote} Dear fti, Hahaa... i dont think i have the capacity yet to draw the market's blood. the markets tasted my blood first, and i shall never forget that... i think i merely managed to stay out of the market's path and collected some flakes. May i ask, when you say , "150k with $1 scout seems " Do you mean that i am 1) Too conservative ? - Under leveraged, or overly capitalized ? 2) Not conservative enough ? - that i am still over my head in managing my exposure risk ? and that i should reduce my base more ? cos you followed your statements...
why you care if i laugh?

You do your dance. You learning.
once you master, no one need tell you, you know.
and i not giving out certificates hor.

ai ya ask me this type questions.
go ask your gf.
you give her half mio go shopping lor.
she may kiss you to death.

ok this 1st attempt.
if yo trading $1 positions thn get a 500,000 position exposure,
just be prepared, buy a pissing can , put under the chair.

if you peed(tp aka take profit) 500,000 position , drinks are on the house.
then next trade you will need bigger pissing can.
otherwise can wear diapers. leak proof ones.

regards
  • #42,518
  • Aug 30, 2013 5:30am Aug 30, 2013 5:30am
hi, fti
Hand up ... i've a novice question ...
What if I still in rescue ops but the market is about to close ... like today and Mon is US holiday?
'what will i do?' you might ask me first ...
emm ... let say my acceptable risk exposure is 100%, for example ...
if my rescue exposure less than or equal to 30% --- i'll hold overnight
if >30% --- i'll bite the bullet ....
any opinions ... ?
  • #42,519
  • Aug 30, 2013 5:34am Aug 30, 2013 5:34am
someone keep rubbing salt.
Attached Image (click to enlarge)
Click to Enlarge Name: 1150834_439562876157158_1673773502_n.jpg Size: 92 KB
  • #42,520
  • Aug 30, 2013 5:37am Aug 30, 2013 5:37am
on bankers too.
icelandic courts very on the ball.
small piece of ice stands up to the european courts.
is nice see courts defend her people.

oh if you unaware.

http://in.reuters.com/article/2013/0...90R0F120130128
Attached Image (click to enlarge)
Click to Enlarge Name: 1175616_729455693737421_1055804310_n.jpg Size: 58 KB
17 traders viewing now