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Technical Analysis Fallacy

  • #48,901
  • Jul 19, 2014 11:15am Jul 19, 2014 11:15am
Quoting Swis
{quote} Well, it's very weird. She is just different in her approach. She's a strict accountant, and she has many friends brighter than me who lost to the market. I think one of her male friends killed himself. So she's afraid of me doing so. I don't know She's just one of those parents that say "Don't get an art degree, they useless". She has very little understanding about these type of subjects and is very stubborn.
noted & understood.

about art, it depends on the canvas you using.on that maybe trad8 can shed some light .
i.....i

regards
Attached Image
  • #48,902
  • Jul 19, 2014 11:26am Jul 19, 2014 11:26am
maybe she's right.
90% trader, they gets killed or kill themselves.
its a kill or be killed place, and there lots scammers, crooks,,,,,,,,,,,,
also lots peeps build killer robots, kill themselves.

Is against all odds survive. ain't easy as peeps thinks.
1 big mistake and BOOOM.
is safer for peeps with boooom shields.
But the ambitious, they invincible.
They walk around.....

Inserted Video


regards
  • #48,903
  • Jul 19, 2014 11:28am Jul 19, 2014 11:28am
Quoting fti
{quote} noted & understood. about art, it depends on the canvas you using.that maybe trad8 can shed some light . regards
She narrow vision. Sees my father's failures in me apparently. My father was a wishful thinker, but he didn't work for his dreams. Mom was just a hard worker.
I mixed those together and viola, here I am. Happy with what I've done thus far.
Anyway I think a lot of parents need to understand that people like to choose what they want to be, whatever is at stake because they love doing it.
My little brother, he approached medicine because he likes to help people, not for the money. Mum just thinks money man.
Some of my friends are artist, they don't care about money, they live passionately producing music & actually now they're getting pretty big in my town.
etc.
I approached trading, because it was an enigma. As a kid I was always fascinated by my father's work, he liked the market very much. See, before I got to this thread, I had already read so much about investments & speculation. I was fascinated, then I happened to stumble upon this. Life changed to the point, where my family thinks I'm selling drugs, because I'm making extra income.
  • #48,904
  • Jul 19, 2014 11:43am Jul 19, 2014 11:43am
Quoting Swis
{quote} She narrow vision. Sees my father's failures in me apparently. My father was a wishful thinker, but he didn't work for his dreams. Mom was just a hard worker. I mixed those together and viola, here I am. Happy with what I've done thus far. Anyway I think a lot of parents need to understand that people like to choose what they want to be, whatever is at stake because they love doing it. My little brother, he approached medicine because he likes to help people, not for the money. Mum just thinks money man. Some of my friends are artist, they...
Don't be too harsh on her.
She's seen lots and resigned to fact that 90% of em splash.
Odds are not good, if the tools are not right.

she care about your well being.
You have task. If you think you've got it.
prove to her slowly with good consistency of profitability.
and don't ever be cocky and put balls on neck.

regards
  • #48,905
  • Jul 19, 2014 11:49am Jul 19, 2014 11:49am
Quoting fti
{quote} Don't be too harsh on her. She's seen lots and resigned to fact that 90% of em splash. Odds are not good, if the tools are not right. she care about your well being. You have task. If you think you've got it. prove to her slowly with good consistency of profitability. and don't ever be cocky and put balls on neck. regards
I don't really have the ego sneaking up at me while trading, if I don't know the terrain, and my tools aren't helping me formulate an answer, I just step out. I'm trained to that point where everything you've said is just more automatic. The way you started the thread, I swear I keep thinking it is preconceived by you.
I only had one good trade where I got to see what you were seeing last week--somewhat. I was doing kiwi, and when you said"k dollar weak across the board" I notice that in my charts too. I didn't turn because no momentum & I had been on demo for so long to tell myself, you can't turn without momentum or else you die. So I quit the trade, then I wake up in the morning, mkt would of made me a pig in a sense. That's why I had a question about PA and manipulation and I wanted to ask something, like a personal discovery.
  • #48,906
  • Jul 19, 2014 11:55am Jul 19, 2014 11:55am
In a sense, I discovered that there is no such thing as a trade, just like there is no timeframes.
It's just how you make yourself manage it. Sorry, I might be sounding stupid.
I don't implement my rescues on trades that make me feel hopeful. Now I always take calculated risks. Now I wait for opportunity to strike. I rather just lose spread, and few pips, and wait for the moment to strike again is what I've come to. Instead of being involved in a super wave against me. It's like a defense, I've been practicing, & I wanted to get your take on it.
  • #48,907
  • Jul 19, 2014 11:57am Jul 19, 2014 11:57am
Quoting Swis
{quote} I don't really have the ego sneaking up at me while trading, if I don't know the terrain, and my tools aren't helping me formulate an answer, I just step out. I'm trained to that point where everything you've said is just more automatic. The way you started the thread, I swear I keep thinking it is preconceived by you. I only had one good trade where I got to see what you were seeing last week--somewhat. I was doing kiwi, and when you said"k dollar weak across the board" I notice that in my charts too. I didn't turn because no momentum &...
just remember that in the markets.
there are peeps with big guns and giant bullets.
so try not tangle with every situation.
Try feel the way as things evolves,
always safety first.
take risk only up to acceptable levels.

Peeps not knows which big or small gun falls.
and the disaster not smells.
will only know when bullet is drilling into the insides.
so take every necessary precaution avoid egos.

if you consistently profitable then you know yo should be ok.
just keep the scorpions off console. easy as she goes.

As you climb your learning curve, will begin learn more and more tools.
any tool forces you overrisk. bury it.

regards
  • #48,908
  • Jul 19, 2014 12:00pm Jul 19, 2014 12:00pm
Quoting fti
{quote} just remember that in the markets. there are peeps with big guns and giant bullets. so try not tangle with every situation. Try feel the way as things evolves, always safety first. take risk only up to acceptable levels. Peeps not knows which big or small gun falls. and the disaster not smells. will only know when bullet is drilling into the insides. so take every necessary precaution avoid egos. regards
Don't wager anything on one single candle. You know what's very strange though. I can feel the market, it just gives me a lot of warnings to correct my errors. If I choose to ignore her lead, I usually get punished bad.
  • #48,909
  • Edited 12:17pm Jul 19, 2014 12:05pm | Edited 12:17pm
Quoting Swis
{quote} Don't wager anything on one single candle. You know what's very strange though. I can feel the market, it just gives me a lot of warnings to correct my errors. If I choose to ignore her lead, I usually get punished bad.
with markets you either on her flow, or you on the platter.
if you ever feel uncomfortable or lacking logistics, jump ship.

remember once bitten, twice shy, thrice bitten , surely dies.
always know 2nd regrouping , ante alredy is high.
and its progression characteristics from thereon is no longer linear.

regards
  • #48,910
  • Jul 19, 2014 12:10pm Jul 19, 2014 12:10pm
"Now, war is based on deception. Move when it is advantageous and create changes in the situation by dispersal and concentration of forces,. When campainging, be swift as the wind; in leisurely marching, majestic as the forest; in raiding and plundering, be fierce as fire; in standing, firm as the mountains. When hiding, be as unfathomable as things behind the clouds; when moving, fall like a thunderbolt. When you plunder the countryside, divide your forces. When you conquer territory, defend strategic points. Weigh the situation before you move. He who knows the artifice of diversion will be victorious. Such is the art of manuevering." --Sun Tzu, The Art of War

  • #48,911
  • Jul 19, 2014 12:24pm Jul 19, 2014 12:24pm
Quoting Swis
"Now, war is based on deception. Move when it is advantageous and create changes in the situation by dispersal and concentration of forces,. When campainging, be swift as the wind; in leisurely marching, majestic as the forest; in raiding and plundering, be fierce as fire; in standing, firm as the mountains. When hiding, be as unfathomable as things behind the clouds; when moving, fall like a thunderbolt. When you plunder the countryside, divide your forces. When you conquer territory, defend strategic points. Weigh the situation before you move....
and never forget. The morals.

Inserted Video


regards
  • #48,912
  • Edited 12:51pm Jul 19, 2014 12:40pm | Edited 12:51pm
Quoting fti
maybe she's right. 90% trader, they gets killed or kill themselves. its a kill or be killed place, and there lots scammers, crooks,,,,,,,,,,,, also lots peeps build killer robots, kill themselves. Is against all odds survive. ain't easy as peeps thinks. 1 big mistake and BOOOM. is safer for peeps with boooom shields. But the ambitious, they invincible. They walk around..... http://www.youtube.com/watch?v=MM8nPdUzi9Q regards
omg that was hilarious K I'm out. Going to watch movie 43 and start the weekend now. Thanks for everything fti
  • #48,913
  • Jul 19, 2014 5:56pm Jul 19, 2014 5:56pm
Quoting fti
{quote} http://www.youtube.com/watch?v=RD8D7v4qgkk
Nice sond inspiring to trade
  • #48,914
  • Jul 20, 2014 2:16am Jul 20, 2014 2:16am
Quoting fti
http://www.youtube.com/watch?v=PI2lskWpZEQ
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 596 KB


Quote
That not important.
i must be born without brains.
Its singing hate.
Fine line most peeps not notice.
Why you think peeps are deceived?
because they call hate love.
and they call peeps who are happy & gay. gays.
and they are the best since apple pie.
so much love, i choking.

Have you read adam & eve book.
How many time did eve thought satan was angel?

by the way if you cannot find.
Many good peeps made it in public domain so that peeps cannot say they cannot access.

everyone thinks satan is a demonic looking monster. what stupid.

http://en.wikipedia.org/wiki/Conflic...Eve_with_Satan


https://archive.org/details/bookofjubileesor00char

i...

wah, didnt know much about the song singing hate, just thought love was necessary to save a life

regarding book of adam and eve, i read finish the book 1 and book 2, now at the book of the secrets of Enoch first page. actually i wonder why Enoch was favored in the adam & eve book and brought to paradise before flood and how did noah got a wife when only a few men was left on mountain after all others of seth's line went down mountain to join with cain's line. maybe the next book will reveal why Enoch went to paradise. and how come didnt see Noah placing adam's body in the ark in the Noah movie. director say he tried to be as unbaised as possible and as true to the bible as possible in making movie. maybe is different verison. maybe that's not important too. is what are the lessons in there that is important

for those who interested
http://www.sacred-texts.com/bib/fbe/

and ya lor, satan nvr come in hideous form. always come in nice nice form else how to tempt peeps? maybe is same as one of the passage you posted on the two gates. one is narrow and looks scary while the other is wide and nice gate. narrow is the true way but most peeps would mistake it for gate to hell while the other is the gate to hell while most peeps would mistake it as gate to heaven. but can we put blame on those peeps squarely? since adam & eve ate from tree of good and evil, all of human knows good and evil. but we lack the ability to tame evil maybe because adam & eve ate at wrong time without consent under decit? then can we blame adam & eve? dont think so, is we are made like and the way things has happened? so is a test by creator see who able develop the ability to tame evil and show its possible to do?

aiya back to trading, of two gates, if patttern looks to good to be true and obvious , then it must be fake? if it looks less obvious, then it must be true?
THE ALL is MIND; The Universe is Mental
  • #48,915
  • Edited 6:29am Jul 20, 2014 5:43am | Edited 6:29am
Quoting Jacque
{quote} {image} {quote} wah, didnt know much about the song singing hate, just thought love was necessary to save a life regarding book of adam and eve, i read finish the book 1 and book 2, now at the book of the secrets of Enoch first page. actually i wonder why Enoch was favored in the adam & eve book and brought to paradise before flood and how did noah got a wife when only a few men was left on mountain after all others of seth's line went down mountain to join with cain's line. maybe the next book will reveal why Enoch went to paradise. and...
wah your mind need lots cleaning my dear friend.
But is good you taking first steps.
Is better than stand ignorant.

ok since i comment your brain need cleaning, i supply some soap for you.

The point is the one who blames, is no more righteous than the one who sins.
You can cast the 1st stone?
any way all fell short the glory. ALL sinned. ALL. Do you know where to find the story about Jesus and the prostitute?
can try gospel(injin) luke chapter 7

but the most imortant point i like for you to ponder about is this phrase.

you said tame evil.
here jesus words for your taming evil.

1. Matthew 5:22 But I say unto you, That whosoever is angry with his brother without a cause shall be in danger of the judgment: and whosoever shall say to his brother, Raca, shall be in danger of the council: but whosoever shall say, Thou fool, shall be in danger of hell fire.
25 Agree with thine adversary quickly, whiles thou art in the way with him; lest at any time the adversary deliver thee to the judge, and the judge deliver thee to the officer, and thou be cast into prison.
26 Verily I say unto thee, Thou shalt by no means come out thence, till thou hast paid the uttermost farthing.

2.
Matthew 6:9-13King James Version (KJV)
9 After this manner therefore pray ye: Our Father which art in heaven, Hallowed be thy name.
10 Thy kingdom come, Thy will (wishes) be done in earth, as it is in heaven.
11 Give us this day our daily bread.
12 And forgive us our debts, as we forgive our debtors.
13 And lead us not into temptation, but deliver us from evil: For thine is the kingdom, and the power, and the glory, for ever. Amen.

Question: Did Jesus say tame evil? You think you have capacity tame evil?


OK the more important point which i wanted you ponder.
you said.
"since adam & eve ate from tree of good and evil, all of human knows good and evil"

think carefully, we not know between whats good and evil.
we know good and/plus/are evil.

you need read the whole chapter understand this.
I just highlighting a point.

http://biblehub.com/mark/10-18.htm

No one is good--except God alone.

if you think you can create your own salvation then you are very evil.
Your salvation and mercy had been given you in Jesus.
you try carry the cross and you will be tested more than you can shoulder.
Only God's lamb (sacrifice) is able carry the cross for your salvation.
The cross had been given you by grace.
Your works is just dirty rags. ( try find about where it says that your in the bible.)
spoon feeding is not healthy mo.

regards


Ok thats all the soap i can afford give.
I no want get kicked off forum for going OT.
I say to help you clear your head.
You believe good tames evil?
live and learn.

also try tame markets.
you will learn.
  • #48,916
  • Jul 20, 2014 6:20am Jul 20, 2014 6:20am
Quoting fti
{quote} wah your mind need lots cleaning my dear friend. But is good you taking first steps. Is better than stand ignorant. ok since i comment your brain need cleaning, i supply some soap for you. The point is the one who blames, is no more righteous than the one who sins. You can cast the 1st stone? any way all fell short the glory. ALL sinned. ALL. Do you know where to find the story about Jesus and the prostitute? but the most imortant point i like for you to ponder about is this phrase. you said tame evil. here jesus words for your taming...
you have my thanks for giving me some soap

http://www.metaspoon.com/lilica-mile...QPDCX5PReZa.01

Inserted Video
THE ALL is MIND; The Universe is Mental
  • #48,917
  • Edited 6:51am Jul 20, 2014 6:35am | Edited 6:51am
Quoting Jacque
{quote} you have my thanks for giving me some soap http://www.metaspoon.com/lilica-mile...QPDCX5PReZa.01 https://www.youtube.com/watch?v=1BxPz8TX0Oo
your parents been doing that all their life.
Don't see anyone write their story?

regards

By the way i always try do good best i can.
but i never make mistake think that my salvation.
it just helps me feel warm as a human.
my salvation, comes from God's grace mercy if he will afford me.

I not know how get it. Only knows Jesus said.
Blessed are the.................

so i pray always, Pls guide my life, because i nknow not the way.
I also pray before i hit markets, because i ask guide , for i not know my way.
this esp so when in hot soup.
I ask strength find the escape.
  • #48,918
  • Jul 20, 2014 7:05am Jul 20, 2014 7:05am
Quoting fti
{quote} your parents been doing that all their life. Don't see anyone write their story? regards By the way i always try do good best i can. but i never make mistake think that my salvation. it just helps me feel warm as a human. my salvation, comes from God's grace mercy if he will afford me. I not know how get it. Only knows Jesus said. Blessed are the................. so i pray always, Pls guide my life, because i nknow not the way. I also pray before i hit markets, because i ask guide , for i not know my way. this esp so when in hot soup. I...

arh yes, that is true. no one writes about that. not sure why.
sometimes we look outwards too much and forgot to look inwards?
THE ALL is MIND; The Universe is Mental
  • #48,919
  • Jul 20, 2014 9:04am Jul 20, 2014 9:04am
Quoting fti
{quote} Apart from continuation patterns and reversal patterns, one must also be able be able distinguish running patterns and consolidating patterns. abc is a retrace wave pattern. when 4th wave shrinks into the retrace pattern by elliots studies, the wave is unlikely be trending. and if 4th wave plays into the retrace pattern wave, is becomes consolidating, ie distribution. This is known as the 4 legged animal syndrome. if happens over longer periods may cosolidate into saucers or inverted. 1st patterns one will see for basic forms of that pattern...
Thank you for your wise thoughts - been thinking about it for some time.......bit slow but needed lots of thought and study

I find Elliott very confusing - as everyone thinks something different with many options and still the market seems to do what it wants whatever they all think. So I not sure what to do with Elliott....

If I have impulse wave where 4 is corrective - it should be clear by prior w1,w2 & w3 - and if it is impulsive w1 then it should be right in relation to the prior waves (wC) if it overlaps then wedge/ending diagonal or corrective but it seems the market is mostly correcting anyway so not very impulsive full of corrective patterns - part of larger triangles/zigzags/ etc and these mess my head.

In so far as I need apply Elliott my thoughts on 4 legged animals - if price has nice long legs then probably impulsive or even if not then long legs are probably tradeable - short stubby/overlapping legs = corrective patterns building so watch what unfolds. If I am wrong need to learn rescue....

Do you think I need lots more study of Elliott - I have his original works on my machine somewhere. I did read them before but found applying patterns as predictions messed my head. I rather just go with flow on basis of I do not care if I trade after X wave or w1 of wC as long as I am in correct direction.

Advice would be most gratefully received as always.
check out the terrain - follow never lead
  • #48,920
  • Jul 20, 2014 11:54am Jul 20, 2014 11:54am
Quoting alexandria
{quote} Thank you for your wise thoughts - been thinking about it for some time.......bit slow but needed lots of thought and study I find Elliott very confusing - as everyone thinks something different with many options and still the market seems to do what it wants whatever they all think. So I not sure what to do with Elliott.... If I have impulse wave where 4 is corrective - it should be clear by prior w1,w2 & w3 - and if it is impulsive w1 then it should be right in relation to the prior waves (wC) if it overlaps then wedge/ending diagonal...

you already know of the problem.
there is little to advice.
with so many ifs, can elliott waves be predictive.
this the main reason why many peeps cannot understand elliotts research.
are you very sure you reading the right elliott book.

I know many illiott fortune tellers, they all in poorhouse.

regards
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