Thank you FTI. i make it a point to come by once in a while to say a little thank you. The market has taught me so much in so many dimensions about human nature. We can only manage ourselves to the best of our ability and flow with the market when ...

Technical Analysis Fallacy

Happy Birthday dear fti. Many more healthy years my dear Sir. A Great man is hard to come by. Its our honor to know you here.

Technical Analysis Fallacy

Hmmm, so that means Reuters ASAP page spreads are 10 pips If Banks call each other spreads will be about 2-3 pips depending on the pair (eg 2 pips for EUR/USD) TMU (Treasury Marketing Unit - deals with banks retail customers) spreads are 10 pips ...

Technical Analysis Fallacy

Thanks man. Will certainly get those done. Really appreciate feedback from all of you. Here , have a cookie...

Technical Analysis Fallacy

A trader's mission is to manage risk while trying to make a profit out of the market.

Technical Analysis Fallacy

Thank you Jacque

Technical Analysis Fallacy

ok thanks anyway. will read up on it again anyway. AOW's a priceless read, love it and i apply it every day to my life. regarding tunnel thru air, i read it once, but didnt quite catch what the tunnel meant, perhaps with time it will come to me.

Technical Analysis Fallacy

oh thanks for the search tip Jacque ! much appreciated ! I will search for it and perhaps reply here again so others can have a go at understanding this.

Technical Analysis Fallacy

no body wants to lose money but if one is not savy the market will take money from you once u r in the game

Technical Analysis Fallacy

Its the game of turning a profit from the financial system or business. would that be right ?

Technical Analysis Fallacy

i am processing what you are telling me ... thinking.... oh man i feel dumb. and i hope i dont make myself look more dumb in a public forum when i try to think aloud. order mechanics has never been clear to me but here goes... Market price is 10/15 ...

Technical Analysis Fallacy

with regard to "how can it be a total wipe out if no leverage is used?" i find it hard to imagine that any account can survive a 1400pip (more, depending on how it is measured) move in a second , unless , yes , its is unleveraged but even then it ...

Technical Analysis Fallacy

ok i understand that i am wrong. there are always 2 prices in a market. one to buy (the offers/ask) and another to sell (the bid)

Technical Analysis Fallacy

sorry for delay, just got out of prison, literally ... hahahaa The market price is in the middle of the bid and the ask. There is always a profit incentive. Sellers in the market will post their Selling price (the Offers/Ask) which are higher than ...

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you got me there fti yup, tough to admit it ... but yes i am still a real novice after such a long time in the markets... sigh... but i never give up. always hopeful and looking forward to light at the end of the tunnel, just hope it aint an ...

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i did read that , and i remember it clearly.

Technical Analysis Fallacy

thank you for such a golden nugget of experience fti ! a little question if you will please. in the market checking process described above, you described that if bids are given and you try to hit it and they not filled until offer overruns your ...

Technical Analysis Fallacy

So that means its useless to trade with stops. your equity margin call is your "stop". this also means that all trading capital should be risk capital. if such an event happens ( account killed by a -2700 pip move OMG black swan event ) , don't cry, ...

Technical Analysis Fallacy

Hmm, i was not in a chf trade, but my eurusd positions look to usdchf for "confirmation" since they are inversely correlated. - this is just a peek hahaa. but from the unpegging of the chf from euro, seems that no amount of babysitting can help if ...

Technical Analysis Fallacy

Labrador's such a wonderful dog, smart and very much human in behaviour... Never reared dogs of my own cos could never get used to the fur shedding all over the place, but love them i do...

Technical Analysis Fallacy