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Technical Analysis Fallacy

  • #53,181
  • Nov 6, 2015 6:13am Nov 6, 2015 6:13am
Quoting CookieMonsta
{quote} Hey Jacque, just out of curiousity, are you looking to go for the prop trader route? or the bank route? or the hedge fund route? or self directed professional investor route?
raising fund from a few private investor
THE ALL is MIND; The Universe is Mental
  • #53,182
  • Nov 6, 2015 6:18am Nov 6, 2015 6:18am
Dear FTIans :-)

i just won today. I hope i am not carried away by this.

since i cant spend full time on trading, i am looking at 4 hour time compression with 1:1 RR. Risk is actually not there because I dont use SL only TP. if price have reached my stop then I can affort to jump in and rescue till green. If not possible still take loss.

this way i want to double my account and then double my lot size. so far going good. the good thing about this i am in no hurry to double my account or whatsoever.

anyone interested to look at the charts. if yes, i will post charts here.
  • #53,183
  • Nov 6, 2015 2:41pm Nov 6, 2015 2:41pm
Weekend ENjoy

Inserted Video



V
  • #53,184
  • Nov 7, 2015 12:15am Nov 7, 2015 12:15am
Quoting pannet1
Dear FTIans :-) i just won today. I hope i am not carried away by this. since i cant spend full time on trading, i am looking at 4 hour time compression with 1:1 RR. Risk is actually not there because I dont use SL only TP. if price have reached my stop then I can affort to jump in and rescue till green. If not possible still take loss. this way i want to double my account and then double my lot size. so far going good. the good thing about this i am in no hurry to double my account or whatsoever. anyone interested...
pls think about the yellow highlighted again. this is not the MO that is taught.
THE ALL is MIND; The Universe is Mental
  • #53,185
  • Nov 7, 2015 3:32am Nov 7, 2015 3:32am
Quoting Jacque
{quote} raising fund from a few private investor
Hi, Jacque,

ic, good for you, wish you luck on your journey.

btw, getting legacy of the void on 15 this month?
  • #53,186
  • Nov 7, 2015 3:52am Nov 7, 2015 3:52am
please eloberate. I am dumb.

i may have a TP set for the height of 1 x 4H bar. However when the same height on the opposite side is reached I get in Rescue mode. Hope I am clear.

We never set TP in our MO but I am willing to compromise this for time constraint.
  • #53,187
  • Nov 7, 2015 4:45am Nov 7, 2015 4:45am
Quoting CookieMonsta
{quote} Hi, Jacque, ic, good for you, wish you luck on your journey. btw, getting legacy of the void on 15 this month?
tks cookie nope, havnt been playing games for a while
THE ALL is MIND; The Universe is Mental
  • #53,188
  • Nov 7, 2015 4:50am Nov 7, 2015 4:50am
Quoting pannet1
please eloberate. I am dumb. i may have a TP set for the height of 1 x 4H bar. However when the same height on the opposite side is reached I get in Rescue mode. Hope I am clear. We never set TP in our MO but I am willing to compromise this for time constraint.
tell me what is there to elaborate when you have not read thread?

why not you tell us which part of the thread shows that you are doing it as taught? actually, it doesnt matter, the market will teach. good luck.
THE ALL is MIND; The Universe is Mental
  • #53,189
  • Nov 7, 2015 7:47pm Nov 7, 2015 7:47pm
Quoting Jacque
{quote} tks cookie nope, havnt been playing games for a while
Hi, Jacque,

awe its a fun game though.

been waiting for it a long time though.
  • #53,190
  • Nov 8, 2015 8:18pm Nov 8, 2015 8:18pm
Quoting indianguyinny24
Weekend ENjoy https://www.youtube.com/watch?v=yuUwqPPfxQg V
nice vic.
  • #53,191
  • Nov 8, 2015 8:18pm Nov 8, 2015 8:18pm
Attached Image
  • #53,192
  • Nov 8, 2015 8:30pm Nov 8, 2015 8:30pm
Quoting fti
{image}
don't predict direction, but dance with flow of water
  • #53,193
  • Edited 3:43am Nov 9, 2015 3:32am | Edited 3:43am
Quoting Jacque
{quote} tell me what is there to elaborate when you have not read thread? why not you tell us which part of the thread shows that you are doing it as taught? actually, it doesnt matter, the market will teach. good luck.
dear Jacque,I read it. like ibsaid am not following exactly as is taught except from the rescue part. if you feel still inissed out certain things. please let us know. I am all ears.everyone knows market will teach if I am wrong.that doesn't add any valuet to you, me or anyone
  • #53,194
  • Nov 9, 2015 5:08am Nov 9, 2015 5:08am
Quoting fti
{image}
Hi fti

nice

regards

Phil.

Attached Image
-be careful about what you allow to be put in your mind-
  • #53,195
  • Nov 9, 2015 7:52am Nov 9, 2015 7:52am
Quoting pannet1
{quote} dear Jacque,I read it. like ibsaid am not following exactly as is taught except from the rescue part. if you feel still inissed out certain things. please let us know. I am all ears.everyone knows market will teach if I am wrong.that doesn't add any valuet to you, me or anyone
why you only choose to read the a small portion of what i highlighted? and i highlighted it twice in two of your different post. what does it tell us?

putting the higlighted aside, if you only pick and choose what you want to follow and build you own weird looking horse, then pls dont come onto thread and start patting yourself on your back on how well or how successful you have performed using your own modifed frankistein and wanting to share your successful charts here. because, this thread is not about your weird horse. is about a tried and tested 26 yrs professional trading MO. you can take your weird horse onto your own thread. but pls dont claim you learn your skills from this thread. because we dont teach it here.

funny thing, why is it that i asked you to show us where on this thread taught you to do the yellow highlighted, and then you ask me to point out to you when you missed out? i already pointed out, you not see? and your ears closed? so where on thread taught you that?

and your worse statement, "risk is actually not here because i only use SL and not TP", so no risk? everyone that doesnt put SL has no risk? try telling that to the pros.


when mkt teaches you, of course it doesnt add value to me or anyone. it only affects you, mostly it takes value (money) from you.
THE ALL is MIND; The Universe is Mental
  • #53,196
  • Nov 11, 2015 11:49pm Nov 11, 2015 11:49pm
Quoting fti
{image}
Dear fti and all!

Wow - glad to see that you are still around here.
Long time ago, that I went in here (but at least one or two times a year).

Still a great place for getting me grounded....
Getting back to the basics, when I got tooo far off track ...
Getting back to the basics, when I complicated things much too much ...
Getting back to the basics, when I lost my mindset ...
Getting back to the basics, when I need to focus on the pure essentials

I'm still in the trading business.
Trading with a small swiss based Wealth Management Company for a few years already.
Have seen a lot of trading approaches and also "Pro"-Traders, but none of them was even close to you. Most of them are focussed just on a very small detail or element of the market(structure). I call them "nice weather" trader. Most of them get killed regularly, when the first storm shows up ...

The most complicated thing in trading aswell as in seems to be, to keep it simple!

You changed my life and you still do.


Wish you all the best!

With kind regards,
MaMood
Niels
  • #53,197
  • Nov 12, 2015 1:17am Nov 12, 2015 1:17am
Quoting MaMood
{quote} Dear fti and all! Wow - glad to see that you are still around here. Long time ago, that I went in here (but at least one or two times a year). Still a great place for getting me grounded.... Getting back to the basics, when I got tooo far off track ... Getting back to the basics, when I complicated things much too much ... Getting back to the basics, when I lost my mindset ... Getting back to the basics, when I need to focus on the pure essentials I'm still in the trading business. Trading with a small swiss based Wealth Management Company...

Hi MaMood

good to hear from you again, happy also to hear things are still going well for you .

good luck.

regards

Phil.
-be careful about what you allow to be put in your mind-
  • #53,198
  • Nov 12, 2015 2:21am Nov 12, 2015 2:21am
Hi all.

Out of surgery 6 weeks now and so gonna start back trading slowly as it is all I can do for now..... any tips for starting up again most welcome....... to get mind back in place gonna start reading thread from start again as I am sure I did not understand it too well some times and still so...... so sorry if I ask really dumb questions or I may just fly who knows......I know I really need to let go......

Hope all are well.

Alex
check out the terrain - follow never lead
  • #53,199
  • Nov 12, 2015 4:31am Nov 12, 2015 4:31am
Quoting alexandria
Hi all. Out of surgery 6 weeks now and so gonna start back trading slowly as it is all I can do for now..... any tips for starting up again most welcome....... to get mind back in place gonna start reading thread from start again as I am sure I did not understand it too well some times and still so...... so sorry if I ask really dumb questions or I may just fly who knows......I know I really need to let go...... Hope all are well. Alex

Hi Alex

hope you recover quickly my friend .

just take it slow and look for the better/easier trades that you are most comfortable with, i am sure you will soon get back into the flow, i find a break from trading is often good as other things have time to sink in without you even realising it.

i do not think anyone ever has a problem helping anyone who helps themselves.

good luck my friend.

regards

Phil.
-be careful about what you allow to be put in your mind-
  • #53,200
  • Nov 12, 2015 4:43am Nov 12, 2015 4:43am
Quoting MaMood
{quote} Dear fti and all! Wow - glad to see that you are still around here. Long time ago, that I went in here (but at least one or two times a year). Still a great place for getting me grounded.... Getting back to the basics, when I got tooo far off track ... Getting back to the basics, when I complicated things much too much ... Getting back to the basics, when I lost my mindset ... Getting back to the basics, when I need to focus on the pure essentials I'm still in the trading business. Trading with a small swiss based Wealth Management Company...
one can't go away from the atomic orbit if once enter in the orbit.
don't predict direction, but dance with flow of water
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