Friday, September 10, 2010

"This Technical Indicator is faulty!"

A trader went to super market and ordered for a technical indicator.

The shopkeeper took out a brand new one, wrapped it nicely and handed it over to the trader.

The trader happily took it home.

After one week the trader came back to the shop and angrily put the indicator on the table

"Here! I want to return this....It is faulty!", he complained!

"How, Sir!" the shopkeeper politely asked!

"First, it is not telling me what I want to hear! It always gives opinions counter to what I want it to! Even my pet is more loyal!!!" the trader started to register his complaints.

"Secondly, it gives half-hearted signals of profitable trade opportunities!"

"Let me get it checked, Sir!" the shopkeeper consoled him.

The shopkeeper asked his technician to have a look.

After half an hour the technician came back and handed over his report to the shopkeeper.

The report said

"The technical indicator is working fine. This insensitive trader expects the technical indicator to speak only what he wants to listen. He listens to the potentially profitable advice of the indicator half-heartedly and later complains that it was the indicator which gave the advice half-heartedly! This cruel trader keeps the indicator starving. Doesn't serve him even a glassfull of attention in an entire day! He listens to his wife and this poor indicator only when he is in trouble! When he is in profit he remains intoxicated in his brilliance for the entire day!"

The shopkeeper showed the report to the trader.

The trader got furious!

"Your technician is blatantly wrong!"

The shopkeeper calmed him down.

"OK! OK, Sir! I will replace this with a better one!"

He took the indicator to the store room and came back with another one.

"Here you have it, Sir! This one will work perfectly fine!"

"It will even lick your face when you profit."

"It is Alsatian Shepalute breed, the best!"

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