The Daily Trading Coach — From Brett Steenbarger, “The Daily Trading Coach, 101 Lessons for becoming your own trading psychologist” Thank you Mamood for recommending the book. Lesson 34: Set Effective Goals (Quote in blue) “Notice that I am ...

Technical Analysis Fallacy

Unfortunately some of us need protection against ourselves sometimes. Rgs, Baifu

Technical Analysis Fallacy

Hi Mamood, Thank you very much for sharing your experience, it is very helpful. I don't think you are a slow learner as you put it. I for one never expect to learn this way of trading in months, it is a project measured in years. We all go through ...

Technical Analysis Fallacy

Thank you fti for describing the dance, have been on holiday and wow, lots happening. Regards to all, Baifu

Technical Analysis Fallacy

that's right, and no prediction please, not how price action ends or how we end

Technical Analysis Fallacy

Dear fti, Thank you, thank you. Good riddance! It took all my discipline and more to ignore this big ego small minded fool who is unable to accept your gift graciousely, instead use the narrow technicality of "rule" to make sure if he doesn't get ...

Technical Analysis Fallacy

Welcome back rgs Baifu

Technical Analysis Fallacy

Hi Mamood, If you don't mind I have a couple of questions regarding your blotter: Why are a few sizes shown as 0.00, and you seem to have simultaneous open long and short positions occasionally? Come to think of it, Saxobank also allow this sort of ...

Technical Analysis Fallacy

You rock, what a dancer, skip all the way to level 12 (144 troops) out of 1400 troops at your disposal at 1:50 leverage. Thank you for sharing, very educational. rgs, Baifu

Technical Analysis Fallacy

Rescue should bring our average as close to current price as possible, that’s why the MINIMUM is a fibo progression. More aggressive rescue could be applying fib to a reset base (akin to adding 1.6 X existing vs. adding 0.6 X existing), more ...

Technical Analysis Fallacy

Not wishful thinking, mindset. Speed is our exposure (pip value), the ONLY thing we can control. Edit: the wishful thinking is our mindset is so strong we can rev up to Ferrari and down to snail pace in seconds/minutes to suit the terrain we drive in ...

Technical Analysis Fallacy

Why not just one vehicle -a crash proof armoured tank that can rev up to Formula One speed and brake in nano seconds. We the driver decide the speed according to the terrain. Wishful thinking

Technical Analysis Fallacy

More like to the moon, me think It's the yin yang equilibrium thingy I guess, a bit like not using stop loss yet have the discipline to cut when we are dead in water. 三十六計，走為上策 (if everything else fails, retreat) this is what I grow up ...

Technical Analysis Fallacy

Hang in there fti On desperate ground, fight. We are with you. Regrads, Baifu

Technical Analysis Fallacy

Dear fti, hurray, you won your battle. With your creative talents I am sure you will find many ways of enjoying life outside trading. Do check in sometimes to hold us to basics. Regards, Baifu

Technical Analysis Fallacy

You are right the quotes are on different topics, the out of sync volatility quote is from post #2800, May 22. Rgs, Baifu

Technical Analysis Fallacy

I don't have the link, I believe the quote is from post #1705, March 12 2008. Rgs Baifu

Technical Analysis Fallacy