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Technical Analysis Fallacy

  • #49,961
  • Sep 16, 2014 7:38pm Sep 16, 2014 7:38pm
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  • #49,962
  • Edited 8:44pm Sep 16, 2014 8:09pm | Edited 8:44pm
Quoting 4tiger
{quote} you just realized that?
You're definitely young
Anyway, I can't answer why I am me. Just going with the flow.
I used to be a professional gamer, a born strategist at a young age, winning local tournaments. In the early 2000's pros weren't being paid in the millions/thousands like now for video games. I left the scene at around 19 because of exterior life pressures. Though, at age 12 I had won a $150 price tournament for ssbm. I beat all the older kids. It came with a lot of lessons and sacrifice. See, fti didn't teach me strategy, he just refined it. Most of my ideas stem from video games and his guidance. I really couldn't understand fti's alien talk anyway, so most of the things he said I was pretty sure I guessed in. I used to be a leader of a GB clan for CoD. So I know all about vantage points and spawn trapping. And screen time is something I'm accustomed to, since I used to play 15 hrs a day as a kid non-stop; managing markets wasn't much different, at least with this style. It clicked with my personality. Besides after a long understanding, I was able to visually separate the base(sole mechanics) of the game from its noise(graphics). I just applied what I learned when I was little to what I do now, and it is pretty identical actually. Youthful exuberance, my past and my health were actually the main components to culminating what I understand.
You mentioned Pokemon.
You just found out how I understood the scout idea, I used to use leads(scouts) in Pokemon. What I would do is actually set up my opponent with walls to counter attack, and I found ways to manage most of their available move sets, so it got to the point where predicting my opponent got easy. If you ever have time, you should play me. You'll get to see how I move.
Anyway, I try not to dwell on my past for it has been the reason to many failures I haven't really gotten over so far.
I'll share my most priced jewel. The first video I ever watched on YT. Check the time stamp, this is how I learned flow. I'm just good with metagames, that's all. I've been doing it since I was a boy.
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Rigging games all day long.
You ever see a man run around with a sniper rifle while being approached by guys(Not AI) with machine guns? I'm a sharp shooter. Can't miss my only bullet because I risk dying due to bolt action reload
Now, you've seen Leo Making people rage quit lobbies since 2008 lol
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Also, I found my Manny Pacquiao post
Quoting Swis
my fav girls not showing the sexy legs eh I try Aussie girl, but she's not really my type. For now reading paper money, but urge to hit the bag & release the day's stress is high especially when linked this nice video true warrior https://www.youtube.com/watch?v=KdxP2mELggI
  • #49,963
  • Sep 16, 2014 8:39pm Sep 16, 2014 8:39pm
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Dedication brings Satisfaction and Success.
  • #49,964
  • Sep 16, 2014 8:45pm Sep 16, 2014 8:45pm
Quoting Swis
{quote} You're definitely young Anyway, I can't answer why I am me. Just going with the flow. I used to be a professional gamer, a born strategist at a young age, winning local tournaments. In the early 2000's pros weren't being paid in the millions/thousands like now for video games. I left the scene at around 19 because of exterior life pressures. Though, at age 12 I had won a $150 price tournament for ssbm. I beat all the older kids. It came with a lot of lessons and sacrifice. See, fti didn't teach me strategy, he just refined it. Most of...
well i'm still older than you.

well if you want to get me to agree that trading is like video games then you got another thing coming..
but yeah, it's like when you're into trading everything can and will be related to trading. just need to find that one thing that relates to trading and you can say, yes, this is how i have been preparing to trade ever since i was a boy.. by playing video games.

the thing is, if you don't share what you think you know, how do you know that it's right? there's a good opportunity to learn something here, don't waste it.


so you did post Manny Pacquiao, how did I miss that? nice.

lol, COD.. how much you wanna bet he has a Dot drawn in with a sharpie right smack dab in the center of his computer monitor for those unscoped hip shot kills
  • #49,965
  • Sep 16, 2014 9:13pm Sep 16, 2014 9:13pm
what i'm saying is that you posted a bunch of stuff, acting like you know what is being taught here, but do you really know?

because unless you have had outside help (like leighsww being your mom) or something, i have no clue how you can be sure.

sure, this is either just me trying to pry your hard earned understanding of the thread from you, or i'm trying to save you from losing a ton of money.

how much money have you lost yet? any blown accounts? no?

what is trading to you, a new game to play to become pro at and make a living off of? well there's no one to trash talk you when you're trading, it's just you and the market. there's nobody else there to prove nothing to, just you and the market.

with that being said.. even if someone was 100% in line with fti's teaching, understood it all inside and out.. every little trick, attack sequence rescue sequence, three kingdoms, sitting duck stops, rubber band sweeps, AOW MM MO.

what if, in the end, spending all this time learning and understanding how to use FTI's strategy and you still don't make any money?! there's no golden goose guarantee here. that's still no guarantee that the trader will make money..

to be honest, if FTI told me to quit trading. I would quit trading right then and there and never look back. that's my word. that's how much i trust and respect him.

"When I was a child, I talked like a child, I thought like a child, I reasoned like a child. When I became a man, I put the ways of childhood behind me."
  • #49,966
  • Sep 16, 2014 10:04pm Sep 16, 2014 10:04pm
Quoting forks
what i'm saying is that you posted a bunch of stuff, acting like you know what is being taught here, but do you really know? because unless you have had outside help (like leighsww being your mom) or something, i have no clue how you can be sure. sure, this is either just me trying to pry your hard earned understanding of the thread from you, or i'm trying to save you from losing a ton of money. how much money have you lost yet? any blown accounts? no? what is trading to you, a new game to play to become pro at and make a living off of? well there's...
I'm actually not acting like I know anything, nor am expressing certainty. I've still been learning like the locking incident fti had to address, and recognizing my failure to apply ideas consistently. I still have lessons being learned and at times fti has to intervene to deviate me from my course of action & thinking. But whatever I know, I won't share regardless, if it is right or not. Fti says it shows on p&l. And he would be the only other determinant factor,regardless. So those are my only two judges.Otherwise someone's finances should be of little concern. To answer your question though, I haven't blown accounts, I don't even risk that much money to begin with. I can survive huge swings, just because I trade so small. I'd have to be asleep for a month to blow something up. Most of the blowing up processes occurred during demos and I didn't move on until I was consistently profitable and had discovered plans. I don't make a living off my trading at all nor do I even plan to. My foreign ammo is just being left there as a playable savings account--not being withdrawn at all. I probably have more earnings in interest anyway. My trades are done in a really ad hoc basis now. I have a day job & still live with my mum. I have enough money to go out with friends, if I need to. Besides, I'm as thrifty as they come. 4 cyl car, my only expense is 25 bucks a week. I don't even do my phone bill. Trading was a secondary thing to which, I've decided to put on a halt until I further my career in a conventional manner. Fti has made it clear of when to day trade, and it is when your employers can't offer more money than you're making in the markets somewhere down the line. And that's not even remotely close to my scope of vision. & like he says, the markets will be there when I'm truly ready. My circumstance with time is much different than most people here and my youth can afford me additional experiments for now, so I don't worry if what I do is in vain. Thus, even if this becomes a huge waste of time in the end, I'm not truly affected or placing my chips on the line here. The markets can get buried, I'll still be living normally. Huge money or pauper status. Right now it isn't what I'm thinking. "In the business world, everyone is paid in two coins: cash and experience. Take the experience first; the cash will come later."Harold S. Geneen
  • #49,967
  • Sep 16, 2014 11:54pm Sep 16, 2014 11:54pm
i had a 10,000 USD account that i demo'ed with c4. it made quite an explosion. now i'm reloaded with ten times that..

Quoting Swis
I don't make a living off my trading at all nor do I even plan to.
that's a pity, why wouldn't you with such a fascinating strategy laid out right here? i guess i mistook you for someone else.. but yeah, i was going to ask you what your goals were with trading and such, thanks for answering.

me, i'm flying out on friday to take the Leveraged FX Trader's Responsible Officer's exam.
and i found a pretty clever way to tie in pi and how it relates to trading and money.. going to use it as the logo for the trading company that i'm starting.

have you tried playing poker perhaps? that might be more your thing.. and it's more Fun.. or is texas hold'em so 2005?
  • #49,968
  • Sep 17, 2014 12:39am Sep 17, 2014 12:39am
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  • #49,969
  • Sep 17, 2014 1:31am Sep 17, 2014 1:31am
Quoting forks
what i'm saying is that you posted a bunch of stuff, acting like you know what is being taught here, but do you really know? because unless you have had outside help (like leighsww being your mom) or something, i have no clue how you can be sure. sure, this is either just me trying to pry your hard earned understanding of the thread from you, or i'm trying to save you from losing a ton of money. how much money have you lost yet? any blown accounts? no? what is trading to you, a new game to play to become pro at and make a living off of? well there's...
hi forks,

just an alternative view point, hope you don't take it the wrong way.

if after spending time learning FTI's strategy and i still don't make any money, i will find out why that is so.
perhaps it is just not a method i can agree with. i understand that FTI's mo consist of 3 main ingredients,
1. the market reads
2. mindset
3. mm and dmg control

the market reads skill set should be about the same.

however the mindset, mm and dmg control, this 2 is actually intertwined.

the only way to succeed as a trader is by you carrying your own weight, if this method doesn't work it can mean 1 of 2 things
you are not suitable for trading, or the method doesn't suit you, and in this case what needs to be done is to evolve and change to adapt, either the mo, or the mindset or simply give up.

in chess and other strategy games like starcraft 2, you can decide for a long drawn out battle, or a quick and swift one and never appearing on the radar till you are sure by reducing the amount of time stayed in the markets, it depends on what you are comfortable with, the read, the mo and mm presented here are the tools necessary, whats left is to forget everything else, just remember the basics, and find yourself in the markets and understand what works for you and what doesn't, there are numerous ways to trade the markets.

you read and see and sense the markets and try to understand it, then you dance with it the way you feel is natural to you, and that is how you flow with the markets, but ultimately the most important thing is to take responsibility for the results, and not blame anyone for anything, accept the results and find out how to improve and become better and you will mature as a trader.
  • #49,970
  • Sep 17, 2014 3:38am Sep 17, 2014 3:38am
Quoting Phatori Gal
https://www.youtube.com/watch?v=Oi9c...qmasA4&index=5

many peeps cannot understand the lyrics.
but is ok.

regards
  • #49,971
  • Edited 5:12am Sep 17, 2014 3:48am | Edited 5:12am
Quoting forks
what i'm saying is that you posted a bunch of stuff, acting like you know what is being taught here, but do you really know? because unless you have had outside help (like leighsww being your mom) or something,
good analysis, is unveils swis 's weakness.
but i can feel, his weakness is genuine and he not aware of it.
Now i see peeps trying help swis out.
but pls no make assumation on me hor.

the thingy about leigh and being mommy. I am surprised that with so much analysis and study of the thread, still some peeps can miss this.
Is very scary for me. But i don't have much energies solve this for many of you.
I only point and see if some can understand.

http://www.forexfactory.com/showthre...67#post1738267


http://www.forexfactory.com/showthre...78#post1753078

The one comes on thread, assumes leigh is my gf, that one will get the stick from me. just a twick.

eer note also a word about gaming.
In gaming, you not feel the rewards and positions reversable.
In life & markets, mostly one no get many second chances. Damage is irreversable can only pioneer new territory and not make same mistake.

regards

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  • #49,972
  • Edited 7:21am Sep 17, 2014 6:59am | Edited 7:21am
For egos, check this out. Old video.

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https://www.facebook.com/video.php?v=746782045368804

regards
  • #49,973
  • Sep 17, 2014 10:44am Sep 17, 2014 10:44am
USD spiking before fomc...

"The twitterati note that 600m USD was bought in the CME futures."
http://www.forexlive.com/blog/2014/0...-to-mr-dollar/
THE ALL is MIND; The Universe is Mental
  • #49,974
  • Edited 11:17am Sep 17, 2014 10:59am | Edited 11:17am
2014-0912 concert at shanghai.


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  • #49,975
  • Sep 17, 2014 11:20am Sep 17, 2014 11:20am
Quoting Jacque
USD spiking before fomc... "The twitterati note that 600m USD was bought in the CME futures." http://www.forexlive.com/blog/2014/0...-to-mr-dollar/
wait for the announcement. don't gamble.
but of cource if you have insider info, then we will visit in jail?
what's you favorite cake?

regards
  • #49,976
  • Sep 17, 2014 12:15pm Sep 17, 2014 12:15pm
Quoting forks
what i'm saying is that you posted a bunch of stuff, acting like you know what is being taught here, but do you really know? because unless you have had outside help (like leighsww being your mom) or something, i have no clue how you can be sure. sure, this is either just me trying to pry your hard earned understanding of the thread from you, or i'm trying to save you from losing a ton of money. how much money have you lost yet? any blown accounts? no? what is trading to you, a new game to play to become pro at and make a living off of? well there's...
now that i've reread this post.. i think that forks was actually talking to me and not swis...

swis says that he has two judges on whether he is right or wrong.
1. the market
2. fti

what i gather is that if you (1) trade the market right, you will make money (shown on p/l)
and so the only "other determinant factor" would be if you are (2) trading the right/ true/ real fti way.

because it is possible that you are deviated from fti's strategy but by way of fluke you earn an annual positive%, so you are proved right by the market but not right by fti methodology.

but how will you continue to make this profit for the next year and the one after that, unless you can confirm that your strategy is the correct one.

another way, as forks said, was that "even if someone was 100% in line with fti's teaching, understood it all inside and out" that they could still lose money. this is harder to be tested.. and all i could say is that, hey that's tough but then you really got no business to be trading. you just don't got that destiny. you just don't have it in you.
  • #49,977
  • Sep 17, 2014 12:27pm Sep 17, 2014 12:27pm
30 mins count down.
  • #49,978
  • Sep 17, 2014 12:29pm Sep 17, 2014 12:29pm
Quoting fti
For egos, check this out. Old video. http://www.youtube.com/watch?v=OaRAhvn4RkM https://www.facebook.com/video.php?v=746782045368804 regards
damn, bitch can't even pick up her mother at the airport.

lol ... 大眾銀行.. 大眾銀行.. should tell them next commercial flash some titties on the screen and they might get more customers that way.
what is with this sappy stuff. taiwan moms are tiger moms okay? they got no problem whatsoever traveling around in airports. lmao...

and when they found that bag of "chinese herbs" i think i died. yes.. i'm sure that was chinese herbs, man, or more like some new opium.
  • #49,979
  • Sep 17, 2014 1:30pm Sep 17, 2014 1:30pm
Nice volatility....


V
  • #49,980
  • Edited 1:56pm Sep 17, 2014 1:43pm | Edited 1:56pm
Quoting 4tiger
{quote} damn, bitch can't even pick up her mother at the airport. lol ... 大眾銀行.. 大眾銀行.. should tell them next commercial flash some titties on the screen and they might get more customers that way. what is with this sappy stuff. taiwan moms are tiger moms okay? they got no problem whatsoever traveling around in airports. lmao... and when they found that bag of "chinese herbs" i think i died. yes.. i'm sure that was chinese herbs, man, or more like some new opium.
yaya next time you pop baby go airport then disco.

hold your attitute. you will be taught the lesson.You mind is very generalised mind.
Its already in a box. All americans only eats burgers. All chinese are communist. yayaya.
When you came on thread , i alrady told you.
You only see what you want to see. Same as blind. problem is unlike you i no see no bitch.
maybe my eyesight not good, but i no see any fur.
or maybe you need go school learn proper language. Maybe able describe things more accurately.

regards

ok @ rest of us. Fed says no change in policy.
Rates remains as it is for economic recovery. Keep watching eco figs.
goodnite.
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