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Technical Analysis Fallacy

  • #48,161
  • Jul 6, 2014 10:05am Jul 6, 2014 10:05am
Quoting Swis
{quote} Don't over complicate things mate. The only thing to get from Elliot is knowing corrective waves, and impulsive ones. You can label the blatant waves if it helps you. You also don't have to wait for the moon to align to trade. From what I picked up from the thread early on was to align m5, h1, & d1(though later I picked up sometimes fti trades against day and follows more closely 1h) // m15 for clear picture/ in case not shown on m5. Don't predict mkts, just form a bias and be confident in your plan. Don't marry a position based on your...
Thank you for your words - simply explained and encouraging.
check out the terrain - follow never lead
  • #48,162
  • Jul 6, 2014 10:08am Jul 6, 2014 10:08am
Quoting fti
{quote} I know peeps who have billions. He still died when its time to go home for him. even with 3 shift nurses , still if you have to go you have to go. If money knocks on your door. be very careful. money you need work for it. regards What i trying tell you with the 1 trillion talk is. money solves nothing. Only gets you more tools deal with your situation. Money cannot change anything. can only get you more tools. Its you that can change things, sometimes.
ya lor, you say it on the dot that dont expect everytime shit, someone will wipe. so i ask you, if no have moeny to see private doctor, cant even wipe own shit then how? next, may say is because didnt work hard enough to save moeny? then we come back to whether getting more money is important? need get $ to wipe own shit

and hor about the hispital, its not even about they do what they can, is did they think through how to do it properly? MRI scans for gov hospital need wait 3-6months? private can get it done immediately? so gov goes around build so many hospitals claming to take care of peeps when in realitly, did they think which part of the hospistal process needs to be fixed? so its the poor people's fault because they expected gov to help them? or is it gov never use head think properly and claim hospital fee very cheap? come everyone see how cheap and afforadblae public healtcare is, i only paid $8 bucks for my bypass?

opps, for moeny knock on my door, i meant that meony that i earned in proper means, not thrown down from sky.

i understand what you saying about moeny can get more tools and its the person and yes, if need go home, money no use, creator no need money
THE ALL is MIND; The Universe is Mental
  • #48,163
  • Jul 6, 2014 10:13am Jul 6, 2014 10:13am
Quoting Jacque
{quote} hello alexandria, dont mind me saying, have you understood at least the basics of the thread? do you know how to drive? did you learn how to drive just watching somebody drive? or did you learn the basics first and then incorporate with actual driving class? the first basics: Mindset, you understand that already? how about market structure?, aiya, go read thread lah i am also re reading thread, you want capture the demo to do what? you capture the formula one racers racing without basics, can learn how to race meh?

Sorry - if you had never seen a car before - I think a demo of it running would be most useful to give a feel and some understanding for the task ahead

I have my own impression of this thread - I have been reading it for a while now- and I know that I have to learn how to trade for myself as my perception may not be yours.

Sorry if I have offended with request. I have no agenda - just trying to learn. I find some of the language in thread confusing and i do not understand lots in it - I am reading and rereading it lots - no short-cuts in life. I search through thread to see if I can find an answer to any questions and do my own research - but I thought I would now ask some questions that I am confused about - maybe I am slower but I find it hard to relate to lots of the material in this thread - my partner well when I show him he finds it a bit easier than me. Sorry for that - my problem.
check out the terrain - follow never lead
  • #48,164
  • Edited 11:21am Jul 6, 2014 10:18am | Edited 11:21am
Quoting alexandria
{quote} Sorry - if you had never seen a car before - I think a demo of it running would be most useful to give a feel and some understanding for the task ahead I have my own impression of this thread - I have been reading it for a while now- and I know that I have to learn how to trade for myself as my perception may not be yours. Sorry if I have offended with request. I have no agenda - just trying to learn. I find some of the language in thread confusing and i do not understand lots in it - I am reading and rereading it lots - no short-cuts in...
apologies, you got me confused. i have seen a car before and i have a driving license. I was asking you how you learned to drive. no worries, i dont feel offended easily especially on forum. but what i trying to say is that, get all the basics right first. if you have to ask about trend without quoting anything that was posted by fti on the thread and someone else so kind, priceaction, had to gave you the excerpt, i have my own doubts as to whether you have processed that already. so if you dont even understand what are trends as per what is shared here, what good would a demo do?

if you dont understand the basic compoents of how a driving a car works together, what good would watching a driver drive a car do to help you learn how to drive?

ok, if want demo, can go check out the journals of the peeps here, like phil, priceaction which is quite recent
THE ALL is MIND; The Universe is Mental
  • #48,165
  • Jul 6, 2014 10:30am Jul 6, 2014 10:30am
Quoting alexandria
{quote} Sorry - if you had never seen a car before - I think a demo of it running would be most useful to give a feel and some understanding for the task ahead I have my own impression of this thread - I have been reading it for a while now- and I know that I have to learn how to trade for myself as my perception may not be yours. Sorry if I have offended with request. I have no agenda - just trying to learn. I find some of the language in thread confusing and i do not understand lots in it - I am reading and rereading it lots - no short-cuts in...
I worked 48 hrs a week, went home and read until I fall asleep. Stayed home on weekends, away from women and friends just to read. I didn't understand anything, but when learning you eventually get ah-ha moments. So just keep pressing. You become what you choose to be surrounded by.
  • #48,166
  • Edited 10:57am Jul 6, 2014 10:43am | Edited 10:57am
Quoting Swis
{quote} I worked 48 hrs a week, went home and read until I fall asleep. Stayed home on weekends, away from women and friends just to read. I didn't understand anything, but when learning you eventually get ah-ha moments. So just keep pressing. You become what you choose to be surrounded by.
wow thank you for you indulgence.
so sorry for such long thread.

but really there's heaps repeats.
easy on you own pace only.
There ain't no holly grills here.
Just 1 trader's way of life.

should i change thread title to.....life on the fast lanes.
or should i follow gro's advice............my garden?


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regards

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  • #48,167
  • Edited 11:09am Jul 6, 2014 10:54am | Edited 11:09am
Quoting fti
{quote} wow thank you for you indulgence. so sorry for such long thread. but really there's heaps repeats. easy on you own pace only. There ain't no holly grills here. Just 1 trader's way of life. http://www.youtube.com/watch?v=LfeNhwnO8hw regards
fti, I complain because thread wasn't long enough. You had crazy 26 yrs +. I don't see how it is fair Kind of like computer science, it is easy with all developed software engines, but engine development was hard for another human from a long time ago. I'm very thankful.

EDIT: Bad thing is I put 15 pounds(very bad for 22 y/o in California) reading through and practicing-- no time with work to work out haha. Gotta crack some eggs to make an omelet tho.
  • #48,168
  • Jul 6, 2014 11:21am Jul 6, 2014 11:21am
Quoting Swis
{quote} fti, I complain because thread wasn't long enough. You had crazy 26 yrs +. I don't see how it is fair Kind of like computer science, it is easy with all developed software engines, but engine development was hard for another human from a long time ago. I'm very thankful. EDIT: Bad thing is I put 15 pounds(very bad for 22 y/o in California) reading through and practicing-- no time with work to work out haha. Gotta crack some eggs to make an omelet tho.


try vegan diet for a little.
may help weight control.

careful no stretch the cells. they never give back ground after.


regards

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  • #48,169
  • Jul 6, 2014 11:23am Jul 6, 2014 11:23am
Quoting fti
{quote} try vegan diet for a little. may help weight control. careful no stretch the cells. they never give back ground after. regards

wah, yea lor, the cells no give back. i got stretch marks here & there

all the best Swis
THE ALL is MIND; The Universe is Mental
  • #48,170
  • Jul 6, 2014 11:29am Jul 6, 2014 11:29am
I was serious about the omelet, not soo much the phrase; 9 am here. I try vegan when I get first heart attack, gotta wait for warning sign confirmation in life otherwise, I'd think genetics will guide me to a long life hahahaha

EDIT: Fti, you once shared a story about a man who avoided dairy all his life because it was bad for his life then he got ran over by milk man truck and died that way.
  • #48,171
  • Edited 11:57am Jul 6, 2014 11:44am | Edited 11:57am
Quoting Swis
I was serious about the omelet, not soo much the phrase; 9 am here. I try vegan when I get first heart attack, gotta wait for warning sign confirmation in life otherwise, I'd think genetics will guide me to a long life hahahaha EDIT: Fti, you once shared a story about a man who avoided dairy all his life because it was bad for his life then he got ran over by milk man truck and died that way.


the maestro is stealing something?

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You not telling it right.

goes like this.
there was once a man, who was so afraid of dying of cholesterol that he was afraid eat any eggs or milk.
killed by a truck.

a dairy truck.

regards
  • #48,172
  • Jul 6, 2014 11:49am Jul 6, 2014 11:49am
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  • #48,173
  • Jul 6, 2014 12:04pm Jul 6, 2014 12:04pm
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  • #48,174
  • Jul 6, 2014 12:08pm Jul 6, 2014 12:08pm
Quoting fti
{quote} the maestro is stealing something? http://www.youtube.com/watch?v=gpS_u5RvMpM You not telling it right. goes like this. there was once a man, who was so afraid of dying of cholesterol that he was afraid eat any eggs or milk. killed by a truck. a dairy truck. regards
I'm terrible at retelling a story I once heard. I'm too blunt. I remember father told me the ant & grasshopper story. Ant worked hard all summer, grasshopper lazy etc. (very detailed about day to day tasks). Very similiar, but dad taught me a not so happy ending.
http://www.enchantedlearning.com/sto...shopper/story/

I retold it: Ant worked hard for comfort during winter, grasshopper died of cold because he didn't work. (that was it, one sentence and missed all the details). I don't think little brother learned a lesson from me, or did he, iunno
  • #48,175
  • Edited 12:37pm Jul 6, 2014 12:15pm | Edited 12:37pm
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  • #48,176
  • Jul 6, 2014 12:31pm Jul 6, 2014 12:31pm
thanks for the nice lullaby ... goodnite

Regards,

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  • #48,177
  • Jul 6, 2014 12:49pm Jul 6, 2014 12:49pm
Quoting trad8
thanks for the nice lullaby ... goodnite Regards, http://www.youtube.com/watch?v=liSaHTxo7Pk

goodnite. try not get night sweats.

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regards
  • #48,178
  • Edited 1:10pm Jul 6, 2014 12:53pm | Edited 1:10pm
I have to admit that what helped me conceptualize the thread with great spirit entirely was due to my extreme fanaticism of boxing(I box). In the market you're in the ring with a large foe. You have to watch out for the hooks, uppercuts, & straights. Like market range,up,down. But those can be mixed. Like boxing though, fighters tend to have a string of a certain punch they like using at times, like market trends. You never know when your opponent will pull a fast one and your best bet is to react with experience and counter. A total noobie in boxing would just cover up, close their eyes and hope punch not strong, like those who hope in mkt. But the greats, always react accordingly. If your opponent uses a straight most of the time, you know to be on the lookout for a straight and exploit. Just like you exploit a trend. Never get too cocky, even when you're moving effortlessly against your opponent because the moment you overlook a foe, you get laid out on canvas, with a big loss. Just my 2cts. You want to hit and not get hit too. Trading blows with a bigger puncher is a guarantee loss -if not then, certainly in the future of your career.

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I post master boxer. Not something everyone really expects, because they're used to seeing a man rush and throw hooks to head for quick knock out. But Rigo(very technical), he does ant work to wear you down and wins, while avoiding punches. He beats bigger people who think they can just use brute force to win a match.
  • #48,179
  • Jul 6, 2014 1:13pm Jul 6, 2014 1:13pm
Quoting trad8
http://www.youtube.com/watch?v=nkCSfGvlR9g http://www.youtube.com/watch?v=gSedE5sU3uc
L
they no have smaller guitars?
hukellele?
so cute.

next time i sponsor thm 12 string guitars.


regards
  • #48,180
  • Jul 6, 2014 1:16pm Jul 6, 2014 1:16pm
Quoting Swis
I have to admit that what helped me conceptualize the thread with great spirit entirely was due to my extreme fanaticism of boxing(I box). In the market you're in the ring with a large foe. You have to watch out for the hooks, uppercuts, & straights. Like market range,up,down. But those can be mixed. Like boxing though, fighters tend to have a string of a certain punch they like using at times, like market trends. You never know when your opponent will pull a fast one and your best bet is to react with experience and counter. A total noobie in boxing...
you got the idea.
don't throw that swing, unless you see him twitch.
even then be ready step back, if necessary.its alive.

regards
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