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Technical Analysis Fallacy

  • #54,921
  • Jun 26, 2016 11:46pm Jun 26, 2016 11:46pm
Quoting fti
{quote} understood. What you are doing is something no one knows about except you. You are trying to leverage on something to sell the idea to the trading community. You are unable to make reasonable profits from what you do to make reasonable roi. So you decided to sell it, if there are buyers, to finance your trading endevour. What i can tell you is this. Nobody will follow any methodology to the dot. even if such had proven successful. Unless of course if it is a black box, then people will follow the trade prints. And they will likely tweek...

very classy. Message is very clear in least possible offensive way. I have started to live with this sentence

" to each its own". everyone chalks there own path...some just are in rush....i think i am the slowest student u got here....

V
  • #54,922
  • Edited 1:13am Jun 27, 2016 12:43am | Edited 1:13am
Quoting Santoso777
hi fti, i new to trading forex, i used many trading system but failed, now i only used this rule "buy on the lowest and sell on the highest" thats it, and i now 9:1 winning rate lets me know what is your opinion, can i used it for trading for living?. thanks {image}
Good , you like to buy things that is losing value. so soon all the junk in the world belongs to you.
Good, you like to sell any thing you have that has value and gaining invalue.
i think you will die very poor with lots of junk in your possession.

good. i can advice you not to do that until the cows all comes home. But you would still most likely do it.

regards
  • #54,923
  • Edited 1:03am Jun 27, 2016 12:46am | Edited 1:03am
Quoting indianguyinny24
{quote} very classy. Message is very clear in least possible offensive way. I have started to live with this sentence " to each its own". everyone chalks there own path...some just are in rush....i think i am the slowest student u got here.... V
Good. you are most humble.The bigger they are the more humble they become.
Good.you are most humble. How's your nimble? my friend.
Good, slow is ok. Is it steady and consistent?

regards
  • #54,924
  • Edited 1:41am Jun 27, 2016 1:25am | Edited 1:41am
Quoting fti
{quote} Good , you like to buy things that is losing value. so soon all the junk in the world belongs to you. Good, you like to sell any thing you have that has value and gaining invalue. i think you will die very poor with lots of junk in your possession. good. i can advice you not to do that until the cows all comes home. But you would still most likely do it. regards
for your benefits,
As was told to me.

An undignified story.
-------------------
there was trader.
the market dropped.
oh cheap, lets buy.
the market drops.
oh oh now is cheaper buy.
the market drops.
ho ho ho now is cheep cheep buy.
markets drops.
wah now is cheepest buy.
market drops.
now is fire sale, chow cheep bye.

regards

but for the fiat, there is always unlimited capital theory.
  • #54,925
  • Jun 27, 2016 1:47am Jun 27, 2016 1:47am
Quoting fti
{quote} Good. you are most humble.The bigger they are the more humble they become. Good.you are most humble. How's your nimble? my friend. Good, slow is ok. Is it steady and consistent? regards
Nimbleness is coming . Steady is there though very small but still + less is way better then negative .
  • #54,926
  • Jun 27, 2016 2:40am Jun 27, 2016 2:40am
Quoting fti
{quote} for your benefits, As was told to me. An undignified story. ------------------- there was trader. the market dropped. oh cheap, lets buy. the market drops. oh oh now is cheaper buy. the market drops. ho ho ho now is cheep cheep buy. markets drops. wah now is cheepest buy. market drops. now is fire sale, chow cheep bye. regards but for the fiat, there is always unlimited capital theory.
that's true, no ones know how cheap is the price and how high is the price, but i have MM, not losing 2% of equity in every trade, so if today i loss 2%, i will stop, and continue tomorrow, because no one know where the market is going

but if i get the profit, i will continue until the price is drop, BEP+1 is better then loss

this MM is the key for me for psycology for me not to greedy in forex market, and make me slowly to bigger the equity

thanks fyi, i know the market is battlefield and if i one second not caution, i will die
  • #54,927
  • Jun 28, 2016 12:33am Jun 28, 2016 12:33am
Quoting Santoso777
{quote} that's true, no ones know how cheap is the price and how high is the price, but i have MM, not losing 2% of equity in every trade, so if today i loss 2%, i will stop, and continue tomorrow, because no one know where the market is going but if i get the profit, i will continue until the price is drop, BEP+1 is better then loss this MM is the key for me for psycology for me not to greedy in forex market, and make me slowly to bigger the equity thanks fyi, i know the market is battlefield and if i one second not caution, i will die
wah not so serious la.
but if you careless you may loss much money.

regards
  • #54,928
  • Jun 28, 2016 2:21am Jun 28, 2016 2:21am
Quoting fti
{quote} for your benefits, As was told to me. An undignified story. ------------------- there was trader. the market dropped. oh cheap, lets buy. the market drops. oh oh now is cheaper buy. the market drops. ho ho ho now is cheep cheep buy. markets drops. wah now is cheepest buy. market drops. now is fire sale, chow cheep bye. regards but for the fiat, there is always unlimited capital theory.

I can testify... the above hurts a whole lot....... only works if one has crystal ball and I do not......

Back from holiday..... my world here gone a bit mad.....

Hope you are keeping well FTI.... and all
check out the terrain - follow never lead
  • #54,929
  • Jun 28, 2016 7:20am Jun 28, 2016 7:20am
hello all

how are you

  • #54,930
  • Jun 28, 2016 7:25am Jun 28, 2016 7:25am
I hope FTI and all friends here
healthy always
  • #54,931
  • Edited 9:02pm Jun 28, 2016 7:58pm | Edited 9:02pm
eeeer everything is FINE.
wow lots swords. very busy, making shield.

Inserted Video


Just joking.

What a beautiful beauty pageant show.
Beautiful women, beautiful costumes.
eeeer, the song, when men go gaga.

regards
  • #54,932
  • Jun 28, 2016 10:59pm Jun 28, 2016 10:59pm
Inserted Video


Praying for world Peace,Love and Harmony.

Rgds
Fall in love with the process, and the outcome takes care of itself.
  • #54,933
  • Jun 28, 2016 11:30pm Jun 28, 2016 11:30pm
Quoting fti
eeeer everything is FINE. wow lots swords. very busy, making shield. https://www.youtube.com/watch?v=HM-ZPSOuBr0 Just joking. What a beautiful beauty pageant show. Beautiful women, beautiful costumes. eeeer, the song, when men go gaga. regards
Like this??
Inserted Video


Rgds
Fall in love with the process, and the outcome takes care of itself.
  • #54,934
  • Jun 28, 2016 11:40pm Jun 28, 2016 11:40pm
This play list is very nice.
Good memories, though i'm not that old, but used to hear these on record and radio all the time

Oops, used the "o" word. Sorry, cant avoid that one.

Inserted Video


Rgds
Fall in love with the process, and the outcome takes care of itself.
  • #54,935
  • Jun 29, 2016 10:33am Jun 29, 2016 10:33am
hi,

i have a problem, sometimes i have a normal (50 meter per 5 min) walk with her lets say to the north pole, then suddenly after a quarter she start to sprint (150 mtr per 5 min) to the south pole, and then i sprint after her, because i don't know the way on my own, and we finished at the same place where we start walking north/ sometimes we end close the south, and she does that quite alot.

how do you handle this?

ruben
  • #54,936
  • Edited 12:48pm Jun 29, 2016 12:18pm | Edited 12:48pm
Quoting ruben7222
hi, i have a problem, sometimes i have a normal (50 meter per 5 min) walk with her lets say to the north pole, then suddenly after a quarter she start to sprint (150 mtr per 5 min) to the south pole, and then i sprint after her, because i don't know the way on my own, and we finished at the same place where we start walking north/ sometimes we end close the south, and she does that quite alot. how do you handle this? ruben
The problem is not her.
Its you.
Did you noticed you said I have anormal walk.
Then she sprints, and I follow.
If you was following ,you 1st walk is south.

You not sound like you had read thread.
Every body reads the thread then ask questions that they cannot understand.
Or had not experienced. And someone who had experienced SHARE with you their storys.
So what so special about you?
Oh am i afraid of you that i have to repeat things again because YOU are too special to read?

Ya i know the thread is dang scary long.
So is the markets to the untrained and ill disciplined mind.
Your only excuse is they had damaged you with ego and you are YOUNG.
Otherwise i would had remained silent allow you learn the hard knocks way.


regards

When you go on the pitch and play soccer.
Its not the balls fault if you are not running in sync with the balls maneuvers.
Its your fault.
How do you handle it?
You asking me?
YOU adjust to the best of your abilities.
When YOU mastered some good skills, your ability improves.
Its not the balls fault,
It is also not the markets fault.
who's fault?

Please under stand, YOU have little experience, also you have little knowledge about what trading is all about.
Its Ok, you are young and have a life time to learn.
To be skillful in anything, one needs learn AND practice. ANYTHING.
You was not born with abilities , neither is it your right.
But you can have the privilege if you put in the effort , learn and master skills.

I waste my time write long long thread.
You insult me not even read and learn.Instead ask me rubbish.

The answer is very simple , you use your learned skills manage the swings.
Your job is not the be right. your job is to make pips.

If you want to ask me how you can be wrong and still make pips.
then you read the thread. If i try to explain to you again , this thread will nbe another +3000 pages longer.
  • #54,937
  • Jun 29, 2016 12:48pm Jun 29, 2016 12:48pm
Quoting fti
{quote} The problem is not her. Its you. Did you noticed you said I have anormal walk. Then she sprints, and I follow. If you was following ,you 1st walk is south. You not sound like you had read thread. Every body reads the thread then ask questions that they cannot understand. Or had not experienced. And someone who had experienced SHARE with you their storys. So what so special about you? Oh am i afraid of you that i have to repeat things again because YOU are too special to read? Ya i know the thread is dang scary long. So is the markets to...
i appreciate your answers, and i've read alot of this thread (alot more to go),

only my question was that i know never walk before her, but then she changes her walk direction and because i am not anticipating i stay in line with her movements even when i was going north and she is going south, and thats where i go lost alot of times.

thanks
  • #54,938
  • Edited 1:10pm Jun 29, 2016 12:59pm | Edited 1:10pm
Quoting ruben7222
{quote} i appreciate your answers, and i've read alot of this thread (alot more to go), only my question was that i know never walk before her, but then she changes her walk direction and because i am not anticipating i stay in line with her movements even when i was going north and she is going south, and thats where i go lost alot of times. thanks
yes, she goes north and she goes south.
Do you understand random walk?
is a economics term describe market movements.
You job is to make pips even though sometimes she may be walking in sync with you and sometimes not in sync.
Is you job try to read what she's doing. And how to position yourself make the pips ultimately at the end of your daily walk.

If you lost then you need, learn better money management techniques.
Read thread.
I am too tired repeat myself for the umteen time.

regards

reading alot, noted.
You need to also understand what is being said.
actually the thread is about technicial analysis and how not to use it the wrong way.
I get weird feeling you not understand.
It is true that some of the stuff , you will not understand until you had experienced it in the markets.

Let me meditate on this a while. and see if i can get a handle on how i can make this long readings meaningful for you.
  • #54,939
  • Jun 29, 2016 1:02pm Jun 29, 2016 1:02pm
Quoting fti
{quote} yes, she goes north and she goes south. Do you understand random walk? is a economics term describe market movements. You job is to make pips even though sometimes she may be walking in sync with you and sometimes not in sync. Is you job try to read what she's doing. And how to position yourself make the pips ultimately at the end of your daily walk. If you lost then you need, learn better money management techniques. Read thread. I am too tired repeat myself for the umteen time. regards
i will

thanks for response
  • #54,940
  • Jun 29, 2016 2:48pm Jun 29, 2016 2:48pm
Quoting ruben7222
{quote} I think i understand THE main purpose About your thread, namely the Fallacy of predictions, and going with the flow, still alot to learn, maybe read iT twice. Ruben
Hi ruben7222

so..... if you read instructions once you can without referring back build the thing it explains effortlessly..... well done.. i can not but then again i am only human.

this is not 'having a go' at you, this is just the reality of our world and our limitations of our way of understanding things...... no doubt you spent 10+ years learning to spell, read and do basic math, as most have.

trading is not the easiest of things to profit from, but then we all set our bar to achieve.

regards

Phil.
-be careful about what you allow to be put in your mind-
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