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Technical Analysis Fallacy

  • #57,301
  • Edited 1:04am Jun 6, 2017 12:50am | Edited 1:04am
Quoting Jupiter
{quote} Naturally and politely... you can do what you want. But... 1) cancelling your post you have made a dishonest act. It's clear? Unfortunately, I didn't take a screenshot of this. 2) I tell you again... In some of your posts you SEEM (seem) flirting with the Dark Side of the Force... and this is dangerous for beginners. 3) To the readers... Ed Seykota. "Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money." Jupiter "Winner or Loser, everybody gets what they want out of TAF...
There's something I learnt in this thread after the 200 page, don't bring the stress from arguing into trading, you wanna win this arguement, be my guest.

Honestly, I cannot understand, what I do is a reflection of my pursuit, not fti, if I screw up I don't blame anyone except my lack of skill.

And I'll admit I am exploring options, and that's my choice and I am not expecting anyone to help me out or teach me, and this can be misconstrued as flirting with the dark side. Makes me wonder sometimes, if people even bother to think why sometimes something is said.

But I guess I'm done talking.
  • #57,302
  • Edited 1:24am Jun 6, 2017 1:03am | Edited 1:24am
No my dear don't joke with me. OK?
Read again, again and then again... my posts here and fti answers.
Trade live in front of him as I did.
And I'll be your guest with all my pleasure.
Clear?
Yes... I am Jupiter. Do you remember that stuff about planet's dimension?

Why FF is full of these guys?
Now. Please. Stop it. I respect this thread so much. I don't want to leave this way again.
I love too much fti.

Seriously... Cookie. There are two ways to do that loop. I did it.
Only one is correct! Scaling out!
fti invited to play hard inside and in between the waves.
If you are in the right direction.... you can do anything. Understand? Anything! OK? Attack full force.
When you are wrong... you are wrong! That's all.
(And also about Bank and wrong positions you have the Leeson case History... with all the money he wanted...
He was wrong! And you insist to find a way to save him... get my fraternal point?)

fti on Rescue missions...
“So try not to get yourself into this often, for the sake of sanity, unless you are a bank.
The focus should however be on attack sequence, where you have foreign capital protection to a certain extend.
Pressing should however be initiated only once trend is entrenched, normally on wave 2 onwards.”

Problem is... when the Ducks are well aligned... then (even more) anything could happen!
Anything for the other side.... extension, overextensions, spikes, sudden inversion.
So what is on this Gann and Livermore lesson...?

OK. Readers and fti... now I could leave with good spirit.
Now I have to go... I'm missing the market open and I trade for a living, not for hobby!
  • #57,303
  • Jun 6, 2017 1:09am Jun 6, 2017 1:09am
Quoting Jupiter
No my dear don't joke with me. OK? Read again, again and then again... my posts here and fti answers. Trade live in front of him as I did. And I'll be your guest with all my pleasure. Clear? Yes... I am Jupiter. Do you remember that stuff about planet's dimension? Why FF is full of these guys?
You know what, you win. You wanna win, here you go.
  • #57,304
  • Edited 3:35am Jun 6, 2017 1:33am | Edited 3:35am
No Cookie. Not in this way.
Ok. I'll miss the day... damn.

I'm not saying (I have never said) that there is only one way to be protifable in speculation.
(It's clear the difference? I'm a speculator, not an investor. How big are your pockets?)
But what I'm saying is that is an error in trader mindset to try to be profitable on the wrong side!
Devastating mistake in all the essence.
Come on. You are too intelligent, clever and pointed...
What does Livermore mean by "Irresistible Force"? (Good pdym!)
Jesse could move the markets! So he used losses in an other way. (It's a long story, but he explained everything!)
What are the Three, Four Sections of Gann?
(He used losses as information! Scouting! And had rigid and fixed rules on Peaks and Troughs... now my rules! RIGID! LOL)

To be really successful in one or another MO you MUST in any case understand and have a good comprehension of:

  1. the crowd's behaviour in markets' environment: winners vs trapped traders
  2. the derived Waves' Dynamic & Principles (Tide, waves and ripples) and the Eastern & Western Patterns (and their failures!!!)
  3. the Embedded Trends' structure (“As Above So Below” in the proper flexible dynamic: trend in a trend in a trend...)

This is the great secret. This is the fti's lesson I got and I pass to you, to you all.
These concepts are NOT complicated in the abstract, theoretical determination and definition...
but you will be in for a world of hurt trying to trading them in the real world of a live chart.
Trading is extremely difficult... and imagine that 6/7 years ago I went around saying...
“Ah! It is so simple. Draw a line and go with trend!"

You, little retailer, you win only making no mistakes. Don't think you can remedy at all mistake. No way! You are wasting your time.
I have lost up to 50% of MY PROFIT (profit, not capital... clear? I play with profit as per fti teachings)
Want to see my profit curve from that moment to now? I'm here... And you will show yours?
I don't know how to go more in the depth on a public forum.
Really. I don't know... Rescue has, must have a limit! And a limitation. Otherwise you are doing "another thing".
To get my point start from this.

#1723- what do you read, understand and retain from this post?
Fti doesn't want comments on the chart he presented...
His mentoring style is “The Moth”!
Do you get what I mean?

#41503 – study this...

Anything could happen... when the Ducks are well aligned.
Even when in accordance with Gann's Definition (as in this last case) the trend is officially changed!
This is why fti attacked that way! Do you see it or not?
In any case direction could change again and the Market would be “Refreshed!”
(This is the proper terminology and it's the Leeson scheme that I played here, live)

Hope my words don't sound like the strange English words of the guy in this duet! LOL
This is really the end. I found my bottom, for now.

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  • #57,305
  • Jun 6, 2017 5:01am Jun 6, 2017 5:01am
Quoting Jupiter
(It's clear the difference? I'm a speculator, not an investor. How big are your pockets?) But what I'm saying is that is an error in trader mindset to try to be profitable on the wrong side!
Hello Jupiter,

Interesting reading, indeed. Please keep posting.
I might be totally wrong. There is a kind of book called "Technical Analysis Fallacy". There is a lot of other books, websites on trading strategies, fundamentals, technical analysis, psychology. Personally, I found and recognized the only book - the former. For me at this stage it's enough. And you are one, as well as Cookie and other followers, who are valuble contributors to the Book.

Otherwise, it is resposibility of each follower/ trader to study, analyse, internalize it.

E.g., unfortunatley I cannot simply explain, how it would be possible to teach or guide someone else. There must be your own understanding, feeling, Experience, your own capital, limits, individual pain threshold.

Quote
You will slowly learn to be profitable, being right is not important. Being reactive when wrong and ability to push the advantage when right is more important

The above quoted must be FTI's words. For me it's crystal clear. It's within my Response Reflex (by years of studying, analysing and praticsing). Although confessing, I am unable to teach on it nor advise anyone else. It's my ship only...

I can be right or wrong, but what if I am merely sick (unhealthy Mindset) at the moment of pushing order button? Why I made the engagement? It happened twice with me... Is your Mind suitable for trading in ALL conditions under ALL circumstances? How to teach such things? It's just an example.

How would you teach anyone in practice on hand if, e.g., Tsunami occurs once per three - six months, seldom, but something could happen with your platform, your broker etc.? Would your Mindset and trading results be affected?

I remain on a positive note since I have found my personal remedy of success. And it is within this Thread (Market Knowledge, You, Cap).

Enjoy your navigating through Trading waters and flows!

Best regards, Exnav

P.S. The below indicated, IMHO, is NOT an extreme storm...

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Not to Advance is to Fall Back
  • #57,306
  • Edited 5:25am Jun 6, 2017 5:08am | Edited 5:25am
Quoting fti
{quote} ahhhh, pat yourself on the back. You did it for yourself. I can sing until the cows comes home, Mostly to deaf ears. But you had to put in the effort experience it to find it, regards
This is all... with the master words.
Readers, please.
Don't be scary.. post in full serenity.
My "skirmish" is ended.
Trade well and keep on with your conversation.

This is only my understanding and I wanted, and had, my examination in front of fti... and your eyes
And I will thank fti for the rest of my life for what I get and the honour of having him in person judging my trading.
Nothing to teach... and nothing to sell.
Just a fraternal hug to all of you... in particular to Alex.
  • #57,307
  • Jun 6, 2017 5:44am Jun 6, 2017 5:44am
Quoting Jupiter
........ start from this. #1723- what do you read, understand and retain from this post?
Hi my friend how are you - hope you are well?

In the above post he is trying to demo problems re rescue against trend I think.

1st two positions are dead in water at start of bull run with momentum- so why on earth would you not turn long with long momentum earlier rather than hang on to this mess. There were chances to be a bull after 1 and 2.

But if not then you are against trend at 3 so must cut dead in waters and play with 3 as it is in rangey stuff at highs - you may now get PB to let you get 3 out or signs of strong selling coming in.

If you tried to rescue at the highs of range as in 3 you need to get the men out quick when in profit and not leave in to let price turn against you again so rescue are in trouble.

May I ask if you have your attack men in and you get sudden move against you do you cut all your men or see if PB lets you reduce your losses and then flip? FTI advises in thread cut last attack in and flip scouts later - but not sure why.

Great examples for all to review - thanks

Alex
check out the terrain - follow never lead
  • #57,308
  • Jun 6, 2017 5:57am Jun 6, 2017 5:57am
Quoting alexandria
{quote} Hi my friend how are you - hope you are well? In the above post he is trying to demo problems re rescue against trend I think. 1st two positions are dead in water at start of bull run with momentum- so why on earth would you not turn long with long momentum earlier rather than hang on to this mess. There were chances to be a bull after 1 and 2. But if not then you are against trend at 3 so must cut dead in waters and play with 3 as it is in rangey stuff at highs - you may now get PB to let you get 3 out or signs of strong selling coming...
I dunno thinking maybe the men just got distracted by a sexy lady down low and spent all their money on beer and smokes ... the psycho men got them drunk with the help of the sexy lady who didn't promise but suggested sex... The psycho men sent a scout to start a fight or a lower level conflict and then went to town on them for being weak and out numbered... The sexy lady was of course in carhoots with the psycho sober men
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  • #57,309
  • Jun 6, 2017 6:00am Jun 6, 2017 6:00am
Open a dax chart
look at 12750... LOL
What do you think I'm doing!
FLOWING.
Quack. Roasted!
  • #57,310
  • Jun 6, 2017 6:02am Jun 6, 2017 6:02am
Quoting CindyXXXX
{quote} I dunno thinking maybe the men just got distracted by a sexy lady down low and spent all their money on beer and smokes ... the psycho men got them drunk with the help of the sexy lady who didn't promise but suggested sex... The psycho men sent a scout to start a fight or a lower level conflict and then went to town on them for being weak and out numbered... The sexy lady was of course in carhoots with the psycho sober men https://www.youtube.com/watch?v=R6dfGJmtV8U


Alex
check out the terrain - follow never lead
  • #57,311
  • Jun 6, 2017 6:05am Jun 6, 2017 6:05am
Quoting alexandria
{quote} Alex
That's right I know my shizzle



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  • #57,312
  • Jun 6, 2017 7:02am Jun 6, 2017 7:02am
Thank YOU !
Jupiter for posting your understanding.
  • #57,313
  • Jun 6, 2017 7:11am Jun 6, 2017 7:11am
Quoting Jupiter
Open a dax chart look at 12750... LOL What do you think I'm doing! FLOWING. Quack. Roasted!

so let me get this straight... somewhere..there were ducks

and you cooked them?

did you wee in the pot? (the flowing?)


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  • #57,314
  • Jun 6, 2017 7:22am Jun 6, 2017 7:22am
You wanna know what's worse than being "dishonest"and deleting post? Is knowing it may mislead others and still leaving it there and causing damage.

It's not my intention to mislead people, but if it's misinterpreted, then I might as well delete it before damage is done.
  • #57,315
  • Jun 6, 2017 7:25am Jun 6, 2017 7:25am
Guys... I quit.
Surrended.
  • #57,316
  • Jun 6, 2017 7:32am Jun 6, 2017 7:32am
Quoting Jupiter
Guys... I quit. Surrended.
i doubt that very much
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Time hides Nothing
  • #57,317
  • Jun 6, 2017 7:36am Jun 6, 2017 7:36am
Quoting CookieMonsta
You wanna know what's worse than being "dishonest"and deleting post? Is knowing it may mislead others and still leaving it there and causing damage. It's not my intention to mislead people, but if it's misinterpreted, then I might as well delete it before damage is done.
stop being a bitch... fuck them,, you think they'd care if you died tonight,,,?

remember we do ant work ... we;re just an ant .. you're sense of self importance is arrogant

a vexation to the spirit

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  • #57,318
  • Jun 6, 2017 7:41am Jun 6, 2017 7:41am
Quoting CindyXXXX
{quote} stop being a bitch... fuck them,, you think they'd care if you died tonight,,,? remember we do ant work ... we;re just an ant .. you're sense of self importance is arrogant a vexation to the spirit https://www.youtube.com/watch?v=Ph-CA_tu5KA
I care about not accidentally screwing people over, is this wrong?
  • #57,319
  • Jun 6, 2017 7:49am Jun 6, 2017 7:49am
Quoting CookieMonsta
{quote} I care about not accidentally screwing people over, is this wrong?

there's no wrong/right there's just" is"

its up to you if you swim in the water or bitch on the side. but if you jump in or not no one will really care as much as you do either way

so is it really them you care about ,or you? that's your beef not mine

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  • #57,320
  • Jun 6, 2017 7:57am Jun 6, 2017 7:57am
Quoting CindyXXXX
{quote} there's no wrong/right there's just" is" its up to you if you swim in the water or bitch on the side. but if you jump in or not no one will really care as much as you do either way so is it really them you care about ,or you? that's your beef not mine https://www.youtube.com/watch?v=NyzagDLazqU
So you are saying it's perfectly alright if I leave misleading information potentially trying to manipulate you into doing things which will screw you over, and then ask you to forgive me, and keep doing it to you, because according to you, you have full control over what you do. End of the day, if you screw up even if i manipulated you, it's not my fault, it's yours, is that what you are saying?

If what i am presenting is misleading people and fti presents his lesson better, surely i tell people to go to his lesson because he is way better than me?
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