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Technical Analysis Fallacy

  • #55,861
  • Sep 22, 2016 7:13am Sep 22, 2016 7:13am
Quoting CookieMonsta
{quote} 10 out of 5 stars, one of the best book around. I learnt alot from those 2 book and here. But there is 1 more if you interested in understanding macro, but it does not have anything to do with number. if you read truth of the stock tape, and jesse livermore's reminiscence of the stock operator and gann's tunnel thru the air. compare it with the the 2008 crisis and the flows to china with china keep buying USD bonds. you can begin to see and identify the macro shifts in relationship between the major currency pairs as well as their countries...
cool cool,thanks.
i hv read the other 2 already. pretty good reads.

though i believe this thread summaries everything in those book and more. may not be in plaint sight, but definitely here. especially with Yoda words. He is the champion.

rgds
Fall in love with the process, and the outcome takes care of itself.
  • #55,862
  • Sep 22, 2016 7:35am Sep 22, 2016 7:35am
Quoting RelaxRay
{quote} cool cool,thanks. i hv read the other 2 already. pretty good reads. though i believe this thread summaries everything in those book and more. may not be in plaint sight, but definitely here. especially with Yoda words. He is the champion. rgds
no probs
  • #55,863
  • Edited 9:21am Sep 22, 2016 8:52am | Edited 9:21am
Ah, trade too aggressive, today's profits all wasted, maybe scorpion coming up


Came out break even

Worked an advantageous ground but pressed too hard, took much effort to set the position up properly, only pressed too hard and wasted all effort
  • #55,864
  • Sep 22, 2016 9:38am Sep 22, 2016 9:38am
Quoting CookieMonsta
pressed too hard
pressing the bull?
bear easier to press. teddy bear.

okok i give up, 1 last try.
mouse?



regards
  • #55,865
  • Edited 11:03pm Sep 22, 2016 10:19am | Edited 11:03pm
Quoting fti
{quote} ahhhh building your own titan soon. regards

not sure i plan to build Titan, I am sure to start something on side , while i have to work (v s a ). Fun is where this will lead too. Just trying to be the guy "who just want to get some pips by managing risk". Lets see where it goes too.


V
  • #55,866
  • Edited 5:14pm Sep 22, 2016 4:32pm | Edited 5:14pm
Quoting fti
{quote} pressing the bull? bear easier to press. teddy bear. okok i give up, 1 last try. mouse? regards
Lol, true, but limited time scope for management so went for pullback long on USDjpy against daily trend.

Think I need to moderate my attacking, scorpion keeps coming up every time
  • #55,867
  • Edited 4:31am Sep 23, 2016 4:21am | Edited 4:31am
Quoting CookieMonsta
{quote} Lol, true, but limited time scope for management so went for pullback long on USDjpy against daily trend. Think I need to moderate my attacking, scorpion keeps coming up every time
okok the truth?
What you using is very sharp swords.
You need tweek it to balance.
Not only with markets but also YOU.

If what you saying is true, then is red flag.
Your mo may be unbalanced.
You need find out where.
Normally is because you tweeked for performance market conditions and markets became sluggish.
No one can help you with that. not even fti.

markets you cannot adjust. So its gotta be you.
What kinda performance you are confortable doing vis a vis the risk.

If its because you are rigid or robotic with your mo. Then i dare not even say.


regards

normally, when dating all is very bubbly and dynamic.
slowly rigidity steps in.
It needs lots love stay bubbly and dynamic mostly.
maybe check that first.

Inserted Video
  • #55,868
  • Edited 9:19am Sep 23, 2016 4:38am | Edited 9:19am
ok what i fear.

You mentioned "not enough time scope."

This what happened to me.
I extended time.
3 sectors, 20h/5d, sometime 1 week battles sometimes 2
Now i paying the price, burned my candle both ends.
This, don't ask me.
Is a personal choice that i wish for no one else.

regards

start 00:46:00

Inserted Video


And if you thinking do electronic decision making process.
I warn you.
The machine only have 3 switches.
on, off, or.
anything else it cannot recognise it nested loops.
So is a very stupid repetitive machine.
intelligence?
and remember every step of the way it depends on these 3 soft switches.
1 wrong flip and ................i don't even need to tell you the state of the accident.
Only way out is reboot.
How many lives does a cat have?

rigidity at its extream.
do an experiment.
add smoething to your file that the machine cannot recognise. or just add question marks or dots in wrong places.
watch how machine commits harakiri.
  • #55,869
  • Edited 7:40am Sep 23, 2016 6:15am | Edited 7:40am
Quoting fti
{quote} okok the truth? What you using is very sharp swords. You need tweek it to balance. Not only with markets but also YOU. If what you saying is true, then is red flag. Your mo may be unbalanced. You need find out where. Normally is because you tweeked for performance market conditions and markets became sluggish. No one can help you with that. not even fti. markets you cannot adjust. So its gotta be you. What kinda performance you are confortable doing vis a vis the risk. If its because you are rigid or robotic with your mo. Then i...

Thanks, is mindset problem I guess, need retrain myself to not be too aggressive, I need learn train mindset not to get too greedy and force trades, its becoming more of to see how to push my limits

The skew after the initial position building phase, needs be linear or sub linear instead of exponential. After the trade, I made another similar, but this time skew is first fibo into sublinear with constant say total in play after phase 1 is 12, limit here is cannot go phase 2 unless all in profits and market in weak pullback state, then go 6 6 6, this worked better, I guess need optimise abit for trend ride. the first skew is what is taught here, only when all positions are green, in advantageous ground with foreign cap, then i go into the 2nd phase and use the 2nd skew for trend ride attacks,the 2nd skew is mostly to press the attack in advantageous ground, to stretch the advantage as much as possible, the first is to survive the odds.

Yep, I need tone down my aggressive trading style and retrain myself. Tasted before good r&r trade, feels super good after that, so I been trying see I can replicate this performance, guess gotta be realistic about my expectations.

Yep, approximately 4hrs to trade everyday, no positions allowed to be carried over, though my mo usually complements it as I usually enter positions counter to the current pullback, in line with the hourly swing.

Haha, I tried it too, on SG public holiday, I trade from morning 8am to 12 am at night Tokyo open to ny lunch, pausing only for lunch and dinner, only thing is, I still find it sad that I cant have more of these kind of trading sessions because of work though probably not to the extend of having to trade 2 to 3 days without sleep

If I can go 24hrs I might just do it, maybe need leave some time to sleep to be able to do what you love is gotta be the best thing in the world

Nah, I don't like electronic decision making, too rigid for me, I compared electronic vs manual, totally cannot compare to manual, I started out there in a demo account, also I love trading too much to give up manual execution, that's mainly the reason I love trading in the first place, because I love it.

Though I been looking to do longer term investing based on the relationship of gold, stocks, bonds and cash.
  • #55,870
  • Edited 10:03am Sep 23, 2016 9:07am | Edited 10:03am
Quoting CookieMonsta
{quote} Though I been looking to do longer term investing based on the relationship of gold, stocks, bonds and cash.

Ahh yes apple with oranges.
noted.

I don't want to argue about that.
hack, i don't even argue with peeps who have oranges with durians.
Its acquired taste.

regards

pineapple?



https://thehairpin.com/you-are-not-a...c-c75c4a13b886
  • #55,871
  • Edited 10:28am Sep 23, 2016 10:11am | Edited 10:28am
Quoting fti
{quote} Ahh yes apple with oranges. noted. I don't want to argue about that. hack, i don't even argue with peeps who have oranges with durians. Its acquired taste. regards pineapple? https://thehairpin.com/you-are-not-a...c-c75c4a13b886
oranges with durian

noted, about orange with apple.

Pineapple with dark soy sauce

Something entertaining for the night, by smosh
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  • #55,872
  • Sep 23, 2016 11:54am Sep 23, 2016 11:54am
Quoting CookieMonsta
{quote} oranges with durian noted, about orange with apple. Pineapple with dark soy sauce Something entertaining for the night, by smosh https://www.youtube.com/watch?v=dRQYgt8JSpE
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  • #55,873
  • Edited 8:57pm Sep 23, 2016 8:40pm | Edited 8:57pm
Quoting fti
{quote} {image}
wah pineapple fried rice

found an interesting book about golden spiral, gonna start reading this one

https://en.wikipedia.org/wiki/On_Growth_and_Form
  • #55,874
  • Sep 23, 2016 10:34pm Sep 23, 2016 10:34pm
Quoting CookieMonsta
{quote} Thanks, is mindset problem I guess, need retrain myself to not be too aggressive, I need learn train mindset not to get too greedy and force trades, its becoming more of to see how to push my limits The skew after the initial position building phase, needs be linear or sub linear instead of exponential. After the trade, I made another similar, but this time skew is first fibo into sublinear with constant say total in play after phase 1 is 12, limit here is cannot go phase 2 unless all in profits and market in weak pullback state, then go...

Hi Cookie,
8am to 12am, is kind of my normal day..it also depend on DST etc.
But, like what FTI mention 20h/5 day.. is quite common. I remember more then quite a few times, every night, I would write my journal and my log for the day. I was so tired, I was sleep-typing. lucky i didnt need to mail it to anyone. It went something like "CPI + 0.1" .. "ask john what he aaaaaadoing, is he mad" "maybe i ssdald thirstylwe rewsffffffff " "market reaction dull upon release" etc. Most of the time, you just crash when you go to bed, and before you know it, alarm comes, and time to go rumble again.

And, the health aspect as well... more then 14 hours on the computer, at times, I feel abit numb back of head, or spot that feel cold, I know its time to start walking, and/or begin my morning walk routine again.. Dont want to be at risk of stroke or any critical illness. lol.

FTI say he burnt both ends, but he have kungfu, I am not equipped with it, better keep one end unburnt for future use. lol, hence the morning walk routine. Which is good, if you want to try. gets the blood moving. and pan out thoughts for the day.


rgds
Fall in love with the process, and the outcome takes care of itself.
  • #55,875
  • Sep 23, 2016 11:31pm Sep 23, 2016 11:31pm
Quoting RelaxRay
{quote} Hi Cookie, 8am to 12am, is kind of my normal day..it also depend on DST etc. But, like what FTI mention 20h/5 day.. is quite common. I remember more then quite a few times, every night, I would write my journal and my log for the day. I was so tired, I was sleep-typing. lucky i didnt need to mail it to anyone. It went something like "CPI + 0.1" .. "ask john what he aaaaaadoing, is he mad" "maybe i ssdald thirstylwe rewsffffffff " "market reaction dull upon release" etc. Most of the time, you just crash when you go to bed, and before you...

Hi, ray, well I agree on the health aspect, but it feels like it's a worth while experience at least once to be trading at that level, maybe not for the money, but for the joy.

Well, I usually exercise on the weekends, like jogs and all, and I do try planking and exercise which allows me to be in front of a monitor so I can observe price action when I have no positions on.
  • #55,876
  • Sep 25, 2016 1:53am Sep 25, 2016 1:53am
ALL about learning, apples , oranges and.......

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regards
  • #55,877
  • Edited 2:14am Sep 25, 2016 2:00am | Edited 2:14am
training.....the 鳥歌(bird song)

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我也是來不及洗澡. lalala lar la 555555555555555

regards
  • #55,878
  • Sep 25, 2016 2:55am Sep 25, 2016 2:55am

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  • #55,879
  • Sep 25, 2016 3:26am Sep 25, 2016 3:26am
Quoting RelaxRay
{quote} Hi Cookie, 8am to 12am, is kind of my normal day..it also depend on DST etc. But, like what FTI mention 20h/5 day.. is quite common. I remember more then quite a few times, every night, I would write my journal and my log for the day. I was so tired, I was sleep-typing. lucky i didnt need to mail it to anyone. It went something like "CPI + 0.1" .. "ask john what he aaaaaadoing, is he mad" "maybe i ssdald thirstylwe rewsffffffff " "market reaction dull upon release" etc. Most of the time, you just crash when you go to bed, and before you...

Gann tells us to look after health as best we can "Health is Wealth"

Off swimming today and Tuesday restorative pilates and lots of walking and pilates meantime.......

check out the terrain - follow never lead
  • #55,880
  • Sep 25, 2016 3:39am Sep 25, 2016 3:39am
Quoting alexandria
{quote} Gann tells us to look after health as best we can "Health is Wealth" Off swimming today and Tuesday restorative pilates and lots of walking and pilates meantime.......
ahhhhhh yes,
i also want swimming.
No water type.

pain killers.
looking for kaki.
ai ya every body's with their gfs.
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