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Technical Analysis Fallacy

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  • Post #46,061
  • Quote
  • May 16, 2014 12:11pm May 16, 2014 12:11pm
  •  fti
  • Joined Nov 2007 | Status: member | 19,782 Posts
Quoting trad8
Disliked
{quote} Looks like it Talking about the four heavenly kings, on my first job, there were also the "四大天王" They were the DMK, YEN, GBP, CHF main traders. When they dance, also like what you see on the cha cha
Ignored
Still is
dmk grew up now is called Euro.
and she very naughty girl.regards
 
 
  • Post #46,062
  • Quote
  • Edited 1:11pm May 16, 2014 12:46pm | Edited 1:11pm
  •  trad8
  • | Joined Mar 2014 | Status: Member | 341 Posts
Hi Chief,
Wah ... you have really been to many places ... how come this scout need to go so many different locations to do job week ?
I would luv to hear more of your experience but it is getting late. Better get some rest.

Glad to see you are back ! Rest well and speak later

Inserted Video


Regards,
K-b


For those in the little red dot, don't forget to buy your 4D this weekend

Inserted Video


Good weekend everyone !
 
 
  • Post #46,063
  • Quote
  • May 16, 2014 12:49pm May 16, 2014 12:49pm
  •  indianguyinny24
  • | Joined Jul 2007 | Status: Member | 2,993 Posts
Quoting fti
Disliked
{quote} some one is very funny. mailed me. " so its important be invisible?" if gets caught on spot light under the microscope, will they GMO us?" something like that. oh ok noted you normal guy. didn't expected you to be AB normal. was wondering complete rest in bed. does that makes me AB normal? But don't ask Dr Murray Banks, he thinks no one is normal. " there is no such thing as normal." Have you listened to his " sex,sin and sanity." presentation. is really funny reality. crazy real stuff. regards on...
Ignored

Yes chief, whatever i know i can testify .... just seeing this euro usd show ...makes me smile....aud USD is showing totally different reaction..

btw world biggest democracy has a new leader whihc us of a has denied a vi sa .......


V
 
 
  • Post #46,064
  • Quote
  • May 16, 2014 1:04pm May 16, 2014 1:04pm
  •  Jacque
  • | Joined Dec 2013 | Status: Member | 1,062 Posts
Hey fti,

glad to see you up here and "running" ard me have few questions pertaining to various points you brought up recently and would like ur advise. First is risk reward. High risk taken refers to more capital deployedwhich if on wrg side would take more brunt from the volatility vs less cap deployed. However it also means more potential reward if on right side. Thus it's a constant. The probability in it refers to the chances of taking up the up till 2sd of the volatilities whether it is on the right or wrong side.

On the diamond thingy,me reperused TTTA, now I see some progressions presented in there like 1,3,10. And geometric prog in multiples of 10 and phi. But me havnt able to see anything beyond tt. Is the dia referring to some sort of MM and is me looking at the right place to begin with? Thanks and good nite
THE ALL is MIND; The Universe is Mental
 
 
  • Post #46,065
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  • May 16, 2014 3:38pm May 16, 2014 3:38pm
  •  fti
  • Joined Nov 2007 | Status: member | 19,782 Posts
Quoting trad8
Disliked
Hi Chief, Wah ... you have really been to many places ... how come this scout need to go so many different locations to do job week ? I would luv to hear more of your experience but it is getting late. Better get some rest. Glad to see you are back ! Rest well and speak later http://www.youtube.com/watch?v=fNp8a...a6elg&index=13 Regards, K-b For those in the little red dot, don't forget to buy your 4D this weekend http://www.youtube.com/watch?v=cNPXz-xwziQ Good weekend everyone !
Ignored

ok listen carefully.

Inserted Video


regards
 
 
  • Post #46,066
  • Quote
  • Edited 4:04pm May 16, 2014 3:39pm | Edited 4:04pm
  •  fti
  • Joined Nov 2007 | Status: member | 19,782 Posts
Quoting Jacque
Disliked
Hey fti, glad to see you up here and "running" ard me have few questions pertaining to various points you brought up recently and would like ur advise. First is risk reward. High risk taken refers to more capital deployedwhich if on wrg side would take more brunt from the volatility vs less cap deployed. However it also means more potential reward if on right side. Thus it's a constant. The probability in it refers to the chances of taking up the up till 2sd of the volatilities whether it is on the right or wrong side. On the diamond thingy,me...
Ignored

ai yoi . ok ok.
i read your post.
But i very tired after mind cha chaing.
so i prepare on note post for you when ready.

Ok risk.
try understand this.
High risk means low propability of realisation.
Same as , risk buy 4D.
what is probability of hiting it correct.
ok which one is higher risk 4 digit guess or 7 digit guess.
which has better probability of striking.
The one with higher risk is the one less likely strike.
so on high risk punts, cannot put big pot. get it?
risk has nothing do with capital. understand?
Think .. in the money , at the money and out of the money(court).

risk is percieved terrain type.
ok i try give yo an analogy.
Which is better weapon? A hand gun or a high power rifle?
Which ever you chose will be wrong thinking.
You see.
It depends on the terrain type.
In urban close quarters battles. Is carzy use a rifle.
It is a open ground weapon.
In open ground is crazy use a hand gum.
So why you think when a soldier goes to battle. The officers carry both?
Depending on terrain of combat, there is CHOICE.
Now think marketbattle fields.
A trader need have same agility.
Rigidity to no choices will disadvantage a trader.
Thats why a trader need reki the markets find out what is perceived terrain.
When implimenting strategies, must be able adjust seemlessly to changing perceptions. As the terrain info comes on stream , one needs adjust the logistics suit the terrain one battles in.
What you asking about the skew of the mm, can create for you unmanagable turns, if you have rigid mindset.
Generally is a guide only. Is same as if you ask girls what their favoraite colour,is likely be peach or pink. Blue has high risk of being worthless. Is only guide, but once in some blue moon , you may chance on a girl who likes blue. Do you understand?
Is same as i tell you yes there is a mean general skew for safe mm. But then if you stay only at mean, and you are taken to high level skews. either YOU or your capital may give(collapse). Do you understand? So your job is to find book tolerance and YOU tolerance for effective performance. Ya , i can tell youthat 1:3:10 is good attack skew. Anything that has 1:3 odds is a term sure winner odds. But if you implimented attck skew against trend then you not going to survive.
Think about it and test yourself out.

regards
You heard the euro banks are having their stress test. Yes?
they testing the risk their books exposed to under different terrains. This determines if their risktaking is robust or not.
They trying to figure out what their risk of ruin vis a vis their var(value at risk)/risk profile under simulated extreams. Get it?
if i test most of your risk profiles, about 90% of you likely fail. mostly too ambitious (GREEDY). 1:3:10 is good attack Mo, but for me is too mild. In markets when injured must be humble. When on wind must be brave, very very brave. Otherwise why waste time and energies, without killer instincts.
Think.

Your ability impliment attacks depends on state of ----. get it?
 
 
  • Post #46,067
  • Quote
  • Edited 4:21pm May 16, 2014 4:10pm | Edited 4:21pm
  •  Jacque
  • | Joined Dec 2013 | Status: Member | 1,062 Posts
Quoting fti
Disliked
{quote} ai yoi . ok ok. i read your post. But i very tired after mind cha chaing. so i prepare on note post for you when ready. Ok risk. try understand this. High risk means low propability of realisation. Same as , risk buy 4D. what is probability of hiting it correct. ok which one is higher risk 4 digit guess or 7 digit guess. which has better probability of striking. The one with higher risk is the one less likely strike. so on high risk punts, cannot put big pot. get it? risk has nothing do with capital. understand? Think .. in...
Ignored
hey fti, very much appreciated for your guidance. it will only do right justice if me reperuse the content again tml after a rest tonight that aside, me think me have the answers to the questions brought up in the post and the blank at the last statement should be "book". state of book, whether there is foregin capital to back me up to go super aggresive skew and how much of that foregin cap am i willingly to put out for the battle or is my book still not much forgin cap and thus should be less aggresive accordinly
THE ALL is MIND; The Universe is Mental
 
 
  • Post #46,068
  • Quote
  • May 16, 2014 4:33pm May 16, 2014 4:33pm
  •  indianguyinny24
  • | Joined Jul 2007 | Status: Member | 2,993 Posts
Quoting fti
Disliked
{quote} ai yoi . ok ok. i read your post. But i very tired after mind cha chaing. so i prepare on note post for you when ready. Ok risk. try understand this. High risk means low propability of realisation. Same as , risk buy 4D. what is probability of hiting it correct. ok which one is higher risk 4 digit guess or 7 digit guess. which has better probability of striking. The one with higher risk is the one less likely strike. so on high risk punts, cannot put big pot. get it? risk has nothing do with capital. understand? Think .. in...
Ignored

@Michael

Save this priceless....

V
 
 
  • Post #46,069
  • Quote
  • May 16, 2014 5:02pm May 16, 2014 5:02pm
  •  -Michael-
  • | Joined Aug 2010 | Status: Member | 494 Posts
Quoting indianguyinny24
Disliked
{quote} @Michael Save this priceless.... V
Ignored
Every Word of FTI
for me is an opportunity to learn more and more
regards
Michael
Do not be victim to conflict of the General and Commander in you - by FTI
 
 
  • Post #46,070
  • Quote
  • May 17, 2014 1:10am May 17, 2014 1:10am
  •  fti
  • Joined Nov 2007 | Status: member | 19,782 Posts
Quoting indianguyinny24
Disliked
{quote} @Michael Save this priceless.... V
Ignored
this very double edge sharp end of sword.
is very powerful tool.

this my fears.
power tools in the hands of skillful workmen creates beauty.
in the hands of children, they tend hurt themselves.

An athlete that can do the 4 min mile. He has to continuously train.
And during competition he has to peak his training.
There is mark difference in able to do and thinking he able.
Yhe test is in the field.

Tools are just that, tools. Should be kept sharp.
But the user must be sharper.

Tools need find right user.
the right tool in the hands of wrong man..............................Alan already said clearly.

regards

I can still remember 1 man ever taught me.
Dance like a butterfly, sting like a bee.
was Dad.
speak softly, do BIG things.
 
 
  • Post #46,071
  • Quote
  • May 17, 2014 1:16am May 17, 2014 1:16am
  •  landsat
  • | Joined Nov 2006 | Status: Landsat | 314 Posts
Hi FTI

you are an brillant and caring teacher .... Thank's.... how lucky we are ....


"If you are planning for a year, sow rice; if you are planning for a decade, plant trees; if you are planning for a lifetime, educate people."Chinese Proverb
Attached Image
Logic will take you from A to B Imagination will take you anywhere (A.E)
 
 
  • Post #46,072
  • Quote
  • May 17, 2014 1:19am May 17, 2014 1:19am
  •  Jimmy Jones
  • | Joined Jul 2008 | Status: Member | 457 Posts
Quoting fti
Disliked
{quote} this very double edge sharp end of sword. is very powerful tool. this my fears. power tools in the hands of skillful workmen creates beauty. in the hands of children, they tend hurt themselves. An athlete that can do the 4 min mile. He has to continuously train. And during competition he has to peak his training. There is mark difference in able to do and thinking he able. Yhe test is in the field. Tools are just that, tools. Should be kept sharp. But the user must be sharper. Tools need find right user. the right tool in the hands...
Ignored
Hello fti, it's been many years since I interacted with you. You once told me to to go live by mount fuji and learn to control my anger! Hard advice to take at the time but now I see it was very valuable. Hope you are doing well and your health is good.
 
 
  • Post #46,073
  • Quote
  • May 17, 2014 1:22am May 17, 2014 1:22am
  •  landsat
  • | Joined Nov 2006 | Status: Landsat | 314 Posts
hi all

on this thread FTI is teaching us how to think but not what to think ... its much more valuable ...
Logic will take you from A to B Imagination will take you anywhere (A.E)
 
 
  • Post #46,074
  • Quote
  • May 17, 2014 1:30am May 17, 2014 1:30am
  •  fti
  • Joined Nov 2007 | Status: member | 19,782 Posts
Quoting landsat
Disliked
Hi FTI you are an brillant and caring teacher .... Thank's.... how lucky we are .... "If you are planning for a year, sow rice; if you are planning for a decade, plant trees; if you are planning for a lifetime, educate people."Chinese Proverb {image}
Ignored

I am the the lucky one.
I have friends.
many mentors me when i was young, many helps me when i needy, many friends i have in this world.
Thank You to all my friends.
Thank You for being my friend.

Inserted Video


regards
 
 
  • Post #46,075
  • Quote
  • May 17, 2014 1:55am May 17, 2014 1:55am
  •  fti
  • Joined Nov 2007 | Status: member | 19,782 Posts
Quoting Jimmy Jones
Disliked
{quote} Hello fti, it's been many years since I interacted with you. You once told me to to go live by mount fuji and learn to control my anger! Hard advice to take at the time but now I see it was very valuable. Hope you are doing well and your health is good.
Ignored

yes, being some time.

regards
 
 
  • Post #46,076
  • Quote
  • May 17, 2014 2:43am May 17, 2014 2:43am
  •  trad8
  • | Joined Mar 2014 | Status: Member | 341 Posts
Quoting fti
Disliked
{quote} ok listen carefully. http://www.youtube.com/watch?v=7bm-CPZeZe8 regards
Ignored
Hi Chief,
It sums up everything, isn't it

Most important is life is good. ALL GOOD AND FUN !

Inserted Video


Forever ..... my friend

Inserted Video


Regards
 
 
  • Post #46,077
  • Quote
  • May 17, 2014 3:08am May 17, 2014 3:08am
  •  Jacque
  • | Joined Dec 2013 | Status: Member | 1,062 Posts
Quoting fti
Disliked
{quote} I am the the lucky one. I have friends. many mentors me when i was young, many helps me when i needy, many friends i have in this world. Thank You to all my friends. Thank You for being my friend. http://www.youtube.com/watch?v=6lbPgfKK7m4 regards
Ignored
thanks fti for being my friend too. its fate that me ever chanced upon this place with many kind peeps

Inserted Video
THE ALL is MIND; The Universe is Mental
 
 
  • Post #46,078
  • Quote
  • May 17, 2014 3:31am May 17, 2014 3:31am
  •  priceaction1
  • Joined Apr 2013 | Status: Now I know you | 5,811 Posts
@fti, is it young fti or joiner fti???

"time is life" we are very thank full to fti bz he give's us his life.
don't predict direction, but dance with flow of water
 
 
  • Post #46,079
  • Quote
  • Edited 4:08am May 17, 2014 3:36am | Edited 4:08am
  •  fti
  • Joined Nov 2007 | Status: member | 19,782 Posts
Quoting trad8
Disliked
{quote} Hi Chief, It sums up everything, isn't it Most important is life is good. ALL GOOD AND FUN ! http://www.youtube.com/watch?v=6eEOj2pSalI Forever ..... my friend http://www.youtube.com/watch?v=fDyTvLyonrQ Regards
Ignored

1 clown and 1 4 king?


regards




Inserted Video
 
 
  • Post #46,080
  • Quote
  • May 17, 2014 5:18am May 17, 2014 5:18am
  •  trad8
  • | Joined Mar 2014 | Status: Member | 341 Posts
Quoting fti
Disliked
{quote} 1 clown and 1 4 king?
Ignored
No want clown ... No want King ?

This one also good

Inserted Video
 
 
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