Micynute94's Posts
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 Romance › Re: Would You Stay?? by micynute94(m): 5:36pm On Feb 09, 2015 |
Very scary.... Av always imagine wat will happen if d reverse wz d case bt as u kon talk am ... Ehnnnn .. fit stay if i LOVE r b4 d accident |
| Business › Re: Forex Trading - Season 15 by micynute94(m): 9:24pm On Feb 03, 2015 |
I amuse myself with this thread a lot.. A lot of snake oil merchant, frustrated traders here n there trying to make a buck from teaching u rada dan walking d walk. A lot of forex scientists, extremists, The Know -it - all. Isn't it funny how we are being taught about the 1% traders making millions n how 99% of other traders r failures because they fail @ this or that n could be part of those 1% if only a bit of dedication n some bucks (hmmmmmm) can be invested.... the perfect sensible n logical scam..... Funny how we shouldn't do this or that cos the money shakers, smart money, this n that does forgetting that while we both trade currencies, situations surrounding us r kinda different n failure to adapt .... hmmmmmmm... can b suicidal.... Those hotshot managers u so much love n aspire to become, those that turn a mere 3 figures to 6,7 or 8 figures.. do they really n i mean really follow those rules, some marketers touting it's the edge needed 2 b in the 1% crowd? It's so lovely 2 do d research about d 1% crowd , package it n sell it @ an affordable price because u want 2 make sure everybody z rich... hmmmmm... We r so kind d@ we just want everybody 2 b rich n as a result very busy teaching n mentoring others, we really dnt v time to trade ourselves. Talking d talk.... n. walking d walk.... darn.. so different. if everybody is doing exactly wat d 1% r doing, den y z dey no change between d 1% n 99%. Forex z kinda very simple yet complicated in d sense that it involves a lot of thing.. Adaptability z d key... v u eva wonder y ppl like steve nison, rob booker, nial fuller, Elliot, Robert Pretcher n other inventors hardly manage a fund. I respect dem though cos dey all contributed in a way but hmmmmm... k o Tell me how many traders in the market wizards r those fancy inventors n scientists we love to talk about... ''''''''''"""""'''''"""""""""""'"""""" There's a difference between a colonel who has engaged d enemy, bin @ d war front than a mere colonel working in an office pushing papers. both r colonels but there's wat we call field experience... read in between d lines... ......... .am out p.s: i v no qualms or problems with ppl selling a book or even a signal... it's only wen they try to deceive ppl dat really gets me off.. n wen dos claiming dey v d secret to trading or how trading should b dz or dat doesn't v an account to show 4 it... p.s.s : I have seen n read about succesful traders who r fundamentally bias n claim that technical analysis is rubbish n v also seem technical analyst claiming fundamental analysis is rubbish.. both r successful, rich n popular. so my friend we all v our ways n approachs to things. our trading style should reflect our personalities, situations n conditions. " Blow wen u v to, Kick wen u v to " .. B. L ... Advice to traders... Be like water... Being successful @ Forex is Hard. Very Hard.. I mean hard hard.. 3 Likes |
| Business › Re: Forex Trading - Season 15 by micynute94(m): 5:46am On Jan 27, 2015 |
Apologies -no mentor, or course, or literiture can give anyone the holy grail to the secrets of success in trading in the markets. -"and no one, sells the goose that lays golden eggs, probably the eggs, but never the goose" Nevertheless, I will humbly attempt. Since the late 70s and into the millinium. Many "engineers" have made public, their inventions of reading probabilities into Technical Indicators. Many Technical Analysis Gurus came to the forefront to sell their research findings. To name a few, The Grand daddy being Charles Dow and his Dow theory which later lead to the creation of the Dow Jones Indexes. Rene Descarte who introduced the Spiral studies. Leonardo Da vincci who fostered the fabonacci principles, W.D. Gann, who introduced Cyclic Studies of Squaring time and price. R.N.Elliot, who introduced the Elliot Wave Studies W.Wilders.Who introduced the mathematics of calculating overbought and oversold markets by his introduction of the DI+,DI-, ADX lines and the Relative Strength Index. The Stocastics, MACDs, ……………………………...etc If one was to impliment all these studies onto their charts. What you will see is a beautiful piece of art, displaying very impressive hog wash, that do nothing but dazzle the uninitiated. If anything else it 'll confuse you even more. Then you have the charting specialist who have introduced many ways to chart eg, Linear Charts, HiLoClose Bar Charts, Japanese candlestick charts, Point & Figuring, John Hill's Bar Chart congestion & reversal patterns, reverse point waves, pivots, fractuals, ………..etc Today, we find lots of originally and mutated techniques and methodologies available to the Chartist or Technicians. What many fail to realise, is that all these studies, basically are statistical tables plotted in graphic form to present a "picture" to assist traders in their decision process. The maxim being, that a picture tells a thousand words. "It is not theirs (the charts) to reason why, But to signal Sell or Buy, For the traders to do or die, Hoping that the signal does not lie, I would, from my many years of studies, go so far as to say, that they all work, some more than others but they all do serve a purpose. (to give traders, the "guts" to do or die) If I may borrow from the quotes of Sir Winston Chirchill. "That you can lie to some people all the time, all people some of the time, but not to all people, all the time." Similarly, theses studies can work in some market conditions all the time, all market conditions some of the time, but not all market conditions all of the time." Think about what I've just quoted very carefully. The problem with some people and some professional Technical Analyst today ( being a certified Technical Analyst myself ) is that they use the Technical studies as if, it were the "Holy Grail" of trading & their pathway to the millions. How far that is from the truth. Any person with a good brain on their shoulders, will ultimate come to the realisation that these are just tools. Tools that are built on historical and lagging databases. Moreover the rigidity of the parameters used in the studies imposes rigid responses to changing market conditions. Have we forgotten that the market is a live beast that learns and adapts to trader behaviours? Many have forgotten that the market is the sum total of the behaviour of the participants engaged in the market place. These tools are used for measuring the markets health, not so unlike the thermometer to a doctor, or the measuring tape to a carpenter, just a tool. Then how is it possible that these studies themselves can be considered the "Holy Grail"? It may be due to ignorance (being new and uniniatiated), lazyness, or just plain stubborness ( a little knowledge is a dangerous thing). Of course it is not nice for me, to tell you about those who have "a little knowledge", trying to scam those who know less than them. That's another story. Some do so, because of a very new disease discovered recently, the sickness of "the chance". If you use the Technical studies as your "Holy Grail", I have only one word for you, GAMBLER. I put it to you, that, to consider your Technical Studies to be more than what they are is a "fallacy" in trading the markets, not so unlike martingale gamblers' fallacy. It can lead you to a very dark place. What many traders do not know, or may fail to recognise, is that your success in taming the markets, is comprised of a mix of ingredients. Not so unlike in baking cakes. I suggest three very important ingredients. One is " Market Structure ", the other is "YOU", then Capitalisation. Of course there are many more components, for the moment these seems of dominant importance, in my humble opinion. I hope you will think about what I've said very carefully. I shall try to push these doors ajar for you slowly to show you the light at the end of the tunnel (please hope its no on-coming train), God willing. regards..... FTI 3 Likes |
| Christianity Etc › Re: Why Does God Sometimes Hardens People's Heart? by micynute94(m): 10:31am On Jan 26, 2015 |
All i c is stupidd analogies.. @ Pr0ton... u deserve a medal.... . pain me die say i no dey here since d argument started.... 1 Like |
| Education › Re: 2015/2016 Utme And Admission Process by micynute94(m): 7:20pm On Jan 13, 2015 |
adelolaa:welcome bro... #TeamBBF |
| Education › Re: Thread For 300 And Above Utme Scorers 2015 Aspirants by micynute94(m): 6:06pm On Jan 12, 2015 |
KidProgrammer:Nop... I reside in ogun state.. |
| Education › Re: Thread For 300 And Above Utme Scorers 2015 Aspirants by micynute94(m): 4:15pm On Jan 12, 2015 |
KidProgrammer:Yup, am an indigene of kwara state. . Depends on the way u look at it but it's not that competitive compared to CSC.. It's even better IMHO. .I think you stand a good chance with ICS. A very good chance.. |
| Education › Re: University Of Ilorin Admission 2015/16 Thread by micynute94(op): 10:29am On Jan 11, 2015*. Modified: 12:08pm On Feb 20, 2015 |
OK guys... i learnt a new thread has already been created before mine and judging by the date of the first post, twas true.. so in all fairness, i close this thread. .. See ya all in our dream school.. #TEAM BBF |
| Education › Re: 2015/2016 Utme And Admission Process by micynute94(m): 1:42pm On Jan 08, 2015 |
9isguy:Bro.. dz year z our year.. no two ways about it.. #IRep BBF #Team Aspirant 1 Like |
| Education › Re: Thread For 300 And Above Utme Scorers 2015 Aspirants by micynute94(m): 1:05pm On Jan 06, 2015 |
@ neighy. U have to know that the question won't come easy.. and in the case of similar answers... There's something JAMB. calls nearest in meaning.. I.e. the closest to the answer...... U v to check deeper to know the answer.. Thank u |
| Education › Re: Thread For 300 And Above Utme Scorers 2015 Aspirants by micynute94(m): 1:02pm On Jan 06, 2015 |
neighy:1. Samu sells ice cream 2. Fateful day 7. Malignant disease 17. Ekpo 20. Strong affection 24. behaving rashly |
| Education › Re: Thread For 300 And Above Utme Scorers 2015 Aspirants by micynute94(m): 8:40pm On Jan 05, 2015 |
sumbody400:Kk bro.. |
| Education › Re: Thread For 300 And Above Utme Scorers 2015 Aspirants by micynute94(m): 2:57pm On Jan 05, 2015 |
sumbody400:Thanks bro.. The question was meant to disorient d reader.. Though snooty was the word used by ansa wen referring to efua coker at d beginning.. You v to understand that Caro have a bad manner and d way she does things can be explained as being snooty. she was snooty according to d book.. I purposely used d word snooty because i know it will confuse the readers.. Hope i explained well. Thank u for reviewing it.. |
| Education › Re: Thread For 300 And Above Utme Scorers 2015 Aspirants by micynute94(m): 2:46pm On Jan 05, 2015 |
micynute94: |
| Education › Re: 2015/2016 Utme And Admission Process by micynute94(m): 2:44pm On Jan 05, 2015 |
micynute94: |
| Education › Re: 2015/2016 Utme And Admission Process by micynute94(m): 7:43am On Jan 05, 2015 |
Babsbakr:It all depends on the calibre of people who choose it. Can u tell me u want 2 go 4 English language.. Is it ur preferred course or u choose it cos of a reason.. let say waec result.. That way i can tell u wat u should b expecting and if it is competitive or not Thank U. |
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