Roger! Thanks. Humility, modesty, low-profile.... Good insight. In fact, most of my huge failures after big success are due to that "得意忘形"(So proud and forget his shape/behaviour). Take that into heart. Shi Fen Gan Xie again. It's a my ...

Technical Analysis Fallacy

I wrote something about Tibet issues against another guy. url Interesting.

Technical Analysis Fallacy

Hi, fti: Glad you still maintain Chinese culture. On the contrary, I have met a lot Malaysian and Singaporean "bananas". You know what I mean. So to keep your family tree book, you need have sons. Since 20 May, I started to short G/u and E/u. Bad ...

Technical Analysis Fallacy

I have been to Fu Zhou twice, 1992, and 2000. It is a nice city, lot of Indonesian Chinese live there. Fu Zhou dialect is also different from Min Nan dialect(so called Taiwan language). Very difficult to learn. Wonder if you ever been to Fu Zhou. ...

Technical Analysis Fallacy

Yes sir!! I understand the meaning, perfectly. Then Min Nan dialect is too different from Mandarin and Cantonese. "Life is just like sea waves, there are ups and downs. Good luck, or bad luck, you have to carry on hard work. Success relies 30% on ...

Technical Analysis Fallacy

Thanks. This song is a old song, but I listened again many times these two days. David

Technical Analysis Fallacy

Dear fti: Thank you for your detailed reply. Actually, I also try to keep my positions reduced to safe size before news anouncement. You are right, it is MM which kills a trader' trading. To be "nimble", you are definately right and confirmed my ...

Technical Analysis Fallacy

There is a econ data release which caused G/U to move up. 4:30pm GBP image Retail Sales m/m image -0.2% -0.5% -0.2% By the way, fti. How would your treat news/econ data release? Some unexpected data move the price so violently that it makes ...

Technical Analysis Fallacy

Well, very nice you confirmed what I am thinking about add-ons. The outward skew for rescue, it makes sense, since the pullback/retracement is always smaller. It is my first time to ever hear about 'front end weight it or backend weight it or hump ...

Technical Analysis Fallacy

Thanks for your reply. For discussion only. The fibo skew is nice, since if the price have fibo retracement, the net book will break even. However, for me, I changed into an easier way, say, the base is 2, first, tester/scout 1, if I think my trade ...

Technical Analysis Fallacy

Dear fti; Thanks for your reply. Warren and you, big players, will have problems of liquidity, due to your position size is huge. But since I am a retail trader, I have no problems of liquidity. So Buffet shall not kowtow to me, because we are not ...

Technical Analysis Fallacy

A question — Dear fti; Thanks for your Bible words. I tried your MO and find out it is great. In about 30 days, I doubled my account for three times, but every time I doubled my account I will get a margin call and had serious drawback. ...

Technical Analysis Fallacy

Thanks, Northpro and Zoran for your reply. My wife's hometown is in Chongqing, used to be part of Sichuan. Her family members in Chongqing and Sichuan are well, and no one of her family hurt. Personally, I have donated twice already to a local ...

Technical Analysis Fallacy

A Call for donation to China Sichuan earthquake victims — Dear fti, leighwww, Zoran, lusan, Jest, Sitoca, Northpro and all the friends in this thread: A terrorble earthquake shaked half of China killes 32,000 people by now, and estimate is ...

Technical Analysis Fallacy

Hi, Lusan, Your trading time is only one hour. That is difficult, IMHO. The news could be your friend or your enemy. David

Technical Analysis Fallacy

Hi, clock. Wish you could read fti's posts completely and carefully, and I think you will understand what TA falacy means by fti. And I am also sure you will learn a lot of precious wisdoms from him, a 26 year veteran trader. I agree with you ...

Technical Analysis Fallacy

No news from you for more than one month. Very glad you come back. How have you been doing? David

Technical Analysis Fallacy

The best time to trade is Europe time, which normally starts from GMT 5 till GMT 16. During this period of time, it has highest volitility. Rescue is sort of "dollar averaging", which basically utilizing bounce-back or pullback with more positions ...

Technical Analysis Fallacy

Try to understand the reason of not placing stop-loss order. Try to understand why rescue. Try to understand attack. Try to understand proper Money Management. Try to understand the concept of positions management(babysit). Try to understand dance ...

Technical Analysis Fallacy

Well, all thanks to God. I am OK. Ups and downs. Doubled the account, and depleted. But from this month, things begin to work out. The "secret" is, I reduced my positions size. Good trades to you. David

The System (Irony included)